Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    High-Traffic Retail Space Available Title is generated by Realmo AI

    1848 W 5400 S, Taylorsville, UT

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail spaces available in high-traffic Utah intersection.

    Type:RETAIL
    Property size:
    4,000 SF
    Lot size:
    3.32 Acres
    Added:
    Oct 12, 2021
    Days on Market:
    1683
    Last Refresh:
    Apr 5 at 9:56 pm

    Property Features for 1848 W 5400 S

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Lot size
    3.32 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1848 W 5400 S Contact us

    We can help!

    Listing Contact
    Troy Hardy

    Listing agent Troy Hardy License #UT 5505021-SA00

    Listing office Mountain West - Corporate

    Listing date Oct 12, 2021

    Source Moodyscre

    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 Mountain West - Corporate

    HighLights

    • Highest traffic intersection in Utah
    • Traffic counts over 100,000 VPD
    • Pylon signage available on Redwood and 5400 South
    • 4 acre parcel approved for Multifamily/Hospitality/ Office
    • 12,500 to 56,000 sf of mid box space available
    • 1,200 to 4,000 sf of high profile retail space available for lease

    Overview

    Retail spaces are available for lease, ranging from 1,200 to 4,000 square feet for high-profile retail and 12,500 to 56,000 square feet for mid-box space. The location benefits from high traffic counts, exceeding 100,000 vehicles per day. Pylon signage is available on Redwood Road and 5400 South. Additionally, there is a 4-acre parcel approved for multifamily, hospitality, or office development. The owner is open to considering a joint venture for multifamily or hospitality projects.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Taylorsville
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.97
    Latitude
    40.6261

    Nearby Similar for Lease

    • $25 SF/Yr

      Professional Office Space Available

      Office space in Central Point Plaza, Taylorsville, Utah.
      6575 South Redwood Road, Taylorsville, UT 84107
      View Details
    • $26 SF/Yr
      36,000 SF

      Professional Office Space in Taylorsville

      Professional office building with excellent visibility and convenient access.
      6575 South Redwood Road, Taylorsville, UT 84107
      View Details
    • Contact for pricing
      2,556 SF

      Taylorsville Office Space Available

      Class A office space for rent in Taylorsville, Utah.
      4237-4261 South 2700 W, Taylorsville, UT
      View Details
    • Contact for pricing
      2,720 SF

      Class A Office Space Available

      Office space for rent in a 19-acre business community.
      4289-4313 South 2700 W, Taylorsville, UT
      View Details
    • $17 SF/Yr
      9,108 SF

      Industrial Flex Space For Rent

      Industrial/Flex space with highway access, completion scheduled for 2025.
      5669 S 6055 W, W Valley City, UT
      View Details
    • $17 SF/Yr
      9,108 SF

      Industrial Flex Space For Rent

      Industrial/Flex space with highway access, completion scheduled for 2025.
      5683 S 6055 W, W Valley City, UT
      View Details
    • $17 SF/Yr
      15,180 SF

      Industrial Flex Space For Rent

      Industrial/Flex space with highway access, completion scheduled for 2025.
      5649 S 6055 W, W Valley City, UT
      View Details
    • Contact for pricing
      28,560 SF

      Class A Office Space Available

      Class A office space for lease in Taylorsville, Utah.
      2700 West, Taylorsville, UT
      View Details
    • Contact for pricing
      4,679 SF

      Taylorsville Office Space Available

      Office space with excellent parking and easy highway access.
      4179 S Riverboat Rd, Taylorsville, UT
      View Details
    • Contact for pricing
      154,190 SF

      Class A Office Space Available

      Class A office space for rent in Taylorsville, Utah.
      2700 W, Taylorsville, UT
      View Details
    • $17 SF/Yr
      10,626 SF

      Industrial Flex Space For Rent

      Industrial/Flex space with highway access, completion scheduled for 2025.
      5679 S 6055 W, W Valley City, UT
      View Details
    • Contact for pricing
      25,470 SF

      Modern Warehouse Space Available

      New Class A office/warehouse park in Taylorsville, Utah.
      4202 S Riverboat Rd, Taylorsville, UT
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail spaces available in high-traffic Utah intersection.
    Where is this retail space located?
    The property is located at 1848 W 5400 S Taylorsville, UT.
    What are key features of this property?
    This property features: Highest traffic intersection in Utah; Traffic counts over 100,000 VPD; Pylon signage available on Redwood and 5400 South
    (801) 456-8800 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Troy Hardy
    Real Estate License ID: UT 5505021-SA00
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1848 W 5400 S, Taylorsville, UT
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!