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Industrial Warehouse with Rail Spur

1477 K Avenue, Tooele, UT 84074

For Sale
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The warehouse carries M-1 light industrial zoning and includes an active on-site rail spur.

Property Size90,000 SF
Price / SF$61.11
Days on Market103

Property Features for 1477 K Avenue

General Information

Standard status Active
Size 90,000 SF
Class C
Total Parking Spaces 145
Property subtype Industrial
Zoning M-1 Light Industrial
Lease Type NNN
Investment Type Value Add

Warehouse & Industrial

Rail Access Yes
Sprinkler System Yes

Additional Details

Asking Price $5,500,000
Highway Access Yes

Building Details

Year Built 1945
Buildings 4
Stories 1
Tenancy Single
Listing Agency: Wise Choice Real Estate
Listed By: Marnee Hardie · License #UT 7493842-SA00
Source: Crexi
Added: Jul 30 Changed: Oct 25 Last Checked: Nov 8 at 9:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wise Choice Real Estate

Rey
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Investment Insights

Based on property information with market context.

Building 679 is a 90,000-square-foot warehouse constructed in 1945 within the Peterson Industrial Depot. The facility has an active dual rail spur, M-1 Light Industrial zoning, and an updated dry fire suppression system. The property is not subject to a depot association.

U.S. Army occupancy remains in place through September 2026, with the government responsible for property insurance and upkeep during the lease term. The offering is identified as eligible for a 1031 exchange and provides a documented lease-end transition timeline.

The property is approximately 30 minutes from Salt Lake City with direct access to I-80. Nearby industrial operators named in the property information include Carvana, Copart, LKQ, Cabela’s/Bass Pro Shops, Detroit Diesel, and Central States Manufacturing.

Key Highlights

  • 90,000 SF warehouse building constructed in 1945
  • Active dual rail spur located on‑site
  • M‑1 Light Industrial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Plumbing Service Catering Service Dental Office Home Appliance Store Electrical Service Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby
Well-served
Demand for This Use

Demographics for 84074, UT

55,001
Population
18,128
Households
3
Avg Household Size
31
Median Age
24%
College-Educated
93%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$102,313
Median Household Income
$47,385
Median Earnings
$1,197
Median Rent
$383,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - The warehouse carries M-1 light industrial zoning and includes an active on-site rail spur.
Where is this warehouse located?
The property is located at 1477 K Avenue Tooele, UT.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 90,000 SF warehouse building constructed in 1945; Active dual rail spur located on‑site; M‑1 Light Industrial zoning
(801) 360-4442 Call to check price and availability
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