Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    905 North West Ave West Salt Lake City, UT 84116

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New construction industrial space with easy access to major transportation.

    Property size:
    407,836 SF
    Lot size:
    407,836 SF

    Property Features for 905 North West Ave West

    General Information

    Standard status
    Active
    Size
    407,836 SF

    We can help!

    Listing Contact
    Tom Dischmann
    Source: Cbre

    Listing Agent: Tom Dischmann

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    New Industrial Space Near Airport

    This new construction industrial property offers 407,836 square feet of available space within a 554,130-square-foot building. The property features direct access to I-80 and is located 10 minutes from I-15 and 5 minutes from the Salt Lake International Airport. The space is divisible to approximately 145,000 square feet and includes 3,342 square feet of spec office space. It has a ceiling clearance of 40 feet, 85 dock-high doors, and 2 grade-level doors. The property provides 155 trailer parking stalls and 540 employee parking stalls.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Building Supply Gym & Fitness Center Accounting Firm Daycare Center Auto Repair Shop Kitchen & Bath Showroom Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.947
    Latitude
    40.8067

    Nearby Similar for Lease

    • $2,250,000
      35,719 SF

      Salt Lake City Commercial Property

      Commercial property with drive-through in growing Salt Lake City location.
      2714 S 300 W, Salt Lake City, UT 84115
      View Details
    • Contact for pricing
      33,541 SF

      South Temple Office Suites Available

      Office suites available for rent with parking and modern amenities.
      699 S Temple St, Salt Lake City, UT 84102
      View Details
    • Contact for pricing
      7,405 SF

      Prime Sugarhouse Office Space

      High-traffic, walkable office space in Sugarhouse City Center.
      1055 E 2100 S, Salt Lake City, UT 84106
      View Details
    • Contact for pricing
      26,136 SF

      Furnished Office Space Available Now

      Furnished office suite for lease in Salt Lake City.
      1770 E Fort Union Blvd, Salt Lake City, UT 84121
      View Details
    • $1,395,000
      10,890 SF

      Commercial Property Near Downtown

      Fenced commercial property near downtown Salt Lake City.
      1612 S State St, Salt Lake City, UT 84115
      View Details
    • Contact for pricing
      436 SF

      Office Space in Cottonwood Heights

      Single room office space for lease in Cottonwood Heights.
      6786 S 1300 E, Salt Lake City, UT 84121
      View Details
    • Contact for pricing
      20,038 SF

      Recently Renovated Cottonwood Heights Office

      Contemporary office space in a prime, convenient location.
      7070 S 2300 E, Salt Lake City, UT 84121
      View Details
    • $3,750,000
      70,132 SF

      Four Buildings on Fenced Corner

      Four buildings totaling 11,979 SF on 1.61 acres.
      1776 S 900 W, Salt Lake City, UT 84104
      View Details
    • New
      Contact for pricing
      43,560 SF

      Professional Office Spaces For Rent

      Individual offices available in Salt Lake City with shared amenities.
      623 E 2100 S, Salt Lake City, UT 84106
      View Details
    • $49,400
      43,560 SF

      Retail Space in Salt Lake

      Retail space available in high-traffic Salt Lake City location.
      4093 S Redwwod Rd W, Salt Lake City, UT 84123
      View Details
    • Contact for pricing
      47,916 SF

      Sugar House Office Space

      Furnished office space in Sugar House available for rent.
      1174 E Graystone Way, Salt Lake City, UT 84106
      View Details
    • Contact for pricing
      6,534 SF

      Historic Downtown Office Spaces Available

      Iconic, renovated office spaces in the heart of Salt Lake City.
      324 S 400 W, Salt Lake City, UT 84101
      View Details

    FAQs

    What type of property is this?
    Distribution center - New construction industrial space with easy access to major transportation.
    Where is this distribution center located?
    The property is located at 905 North West Ave West Salt Lake City, UT.
    What are key features of this property?
    This property features: - New Construction with 407,836 sq. ft. Available; - Direct Access to I-80, 10 Minutes to I-15, 5 Minutes to Salt Lake International Airport; - High Ceiling Clearance: 40'
    (801) 243-9411
    Request Owner's contact information
    905 North West Ave West Salt Lake City, UT 84116
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    905 North West Ave West
    Salt Lake City, UT 84116
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    905 North West Ave West Salt Lake City, UT 84116
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Tom Dischmann
    (801) 243-9411
    Learn more
    Google sign-in failed. Please try again or use another login method.