Industrial Flex Condo with High-Capacity
1785 S 4490 W, Salt Lake City, UT 84104
For Sale
$2,800,000
Two-level office space complements a temperature-controlled warehouse with ground-level loading access.
Property Size15,216 SF
Price / SF$184.02
Days on Market50
Property Features for 1785 S 4490 W
General Information
Standard status
Size
Site & Location
Neighborhood
Highway Access
Warehouse & Industrial
Warehouse Space
Office Build-Out
Drive-In Doors
Power
Voltage
Three-Phase Power
Heavy Power
Conditioned Warehouse
Building Details
Year Built
Construction
Listing Agency:
Internet Properties Property Management
Listed By:
Nico Priskos · License #9181934-SA00
(801) 355-0600
Source:
Brreutah
Added: Sep 19
Changed: Oct 25
Last Checked: Oct 7 at 2:38PM
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 Internet Properties Property Management
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Investment Insights
Based on property information with market context.
This industrial flex condominium combines approximately 6,000 SF of office area across two levels with approximately 9,216 SF of warehouse space. The warehouse is temperature controlled with evaporative cooling and radiant heaters, while high ceilings and quality concrete-tilt construction support industrial operations. Four ground-level garage doors measure 14 feet high by 12 feet wide. Electrical service includes 600 Amp, 208 Volt, 3-Phase power, providing substantial capacity for industrial users.
The property is located at 1785 S 4490 W in Salt Lake City, within Salt Lake County and near freeway access. Built in 1998, the unit is configured for either owner occupancy or investment use.
The property is located at 1785 S 4490 W in Salt Lake City, within Salt Lake County and near freeway access. Built in 1998, the unit is configured for either owner occupancy or investment use.
Key Highlights
- Approximately 15,216 SF total, including approximately 6,000 SF of office and 9,216 SF of warehouse space
- Four ground‑level garage doors measuring 14' high x 12' wide
- 600 Amp, 208 Volt, 3‑Phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$167,346
Cap Rate
5.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,346,920
$3.3M
Cap Rate 7%
$2,390,657
$2.4M
Cap Rate 9%
$1,859,400
$1.9M
Market Conditions
NOI Build-Up for 15,216 SF
Gross rent
$273.9K $18.00/SF
− Vacancy
−$16.4K −$1.08/SF
EGI
$257.5K $16.92/SF
− OpEx
−$90.1K −$5.92/SF
NOI
$167.3K $11.00/SF
Area
Salt Lake City, UT
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,346,920
Cap Rate 7%
$2,390,657
Cap Rate 9%
$1,859,400
Alternative Uses
Best Use
Flex RnD
$2.39M
$2.09M – $2.79M
NOI $167,346 @ 7.0% cap · market cap 5.98%
Second Best
Warehouse
$1.79M
$1.57M – $2.09M
NOI $125,598 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$4.10M
$3.59M – $4.78M
NOI $286,959 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84104, UT
23,487
Population
8,452
Households
2.8
Avg Household Size
31
Median Age
22%
College-Educated
78%
High-School Grad
21.6 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,326
Median Household Income
$35,013
Median Earnings
$1,235
Median Rent
$318,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Flex space in Salt Lake City
Vacancy Rate% for Industrial in Salt Lake City, UT
Frequently Asked Questions
What type of property is this?
Flex space - Two-level office space complements a temperature-controlled warehouse with ground-level loading access.
Where is this flex space located?
The property is located at 1785 S 4490 W Salt Lake City, UT.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Approximately 15,216 SF total, including approximately 6,000 SF of office and 9,216 SF of warehouse space; Four ground‑level garage doors measuring 14' high x 12' wide; 600 Amp, 208 Volt, 3‑Phase power
