Warehouse with 3 Ton Bridge
For Sale
Contact for pricing
1874 S Pioneer Rd, Salt Lake City, UT 84104
Warehouse and office with truck/trailer parking, a 3-ton bridge crane, and easy access to I-215 and SR 201.
Property Size68,996 SF
Price / SF$171.02
Days on Market131
Property Features for 1874 S Pioneer Rd
General Information
Standard status
Active
Size
68,996 SF
Property subtype
INDUSTRIAL
Listing Agency:
Novel Commercial Real Estate
(303) 968-5515
Listed By:
Ilya Klein · License #IR.040017010
(303) 968-5515
Source:
Moodyscre
Added: Mar 24
Changed: Jul 29
Last Checked: Jul 31 at 9:07AM
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 Novel Commercial Real Estate
Investment Insights
Based on property information with market context.
This versatile Salt Lake City warehouse property is sized at 68,996 SF and includes 67,091 SF of warehouse space plus 1,905 SF of office. The site totals 5.1 acres and features a 3.6 acre yard, with 2.1 acres on a long-term lease. The facility is equipped with a 3 ton bridge crane and includes truck/trailer parking for logistics operations.
The property is located at 1874 S Pioneer Rd, Salt Lake City, UT 84104, with easy access to I-215 and SR 201, supporting efficient regional distribution and manufacturing workflows.
With the combination of warehouse space, dedicated office, yard area, and heavy lift capability, this property is well suited for tenants seeking a functional industrial footprint that can support distribution, manufacturing, or warehouse use alongside on-site administration.
The property is located at 1874 S Pioneer Rd, Salt Lake City, UT 84104, with easy access to I-215 and SR 201, supporting efficient regional distribution and manufacturing workflows.
With the combination of warehouse space, dedicated office, yard area, and heavy lift capability, this property is well suited for tenants seeking a functional industrial footprint that can support distribution, manufacturing, or warehouse use alongside on-site administration.
Key Highlights
- 68,996 SF total: 67,091 SF warehouse and 1,905 SF office
- 5.1 acres total site with 3.6 acre yard (2.1 acres on long‑term lease)
- 3 ton bridge crane for heavy lift operations
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $687.2k | $9.96 |
| − Vacancy | −$17.2k | −$0.25 |
| EGI | $670.0k | $9.71 |
| − OpEx | −$100.5k | −$1.46 |
| NOI | $569.5k | $8.25 |
68,996 SF · lease $9.96/SF/yr · vacancy 2.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$8.14M
$7.12M – $9.49M
NOI $569,517 @ 7.0% cap · market cap 4.83%
Second Best
Industrial
$6.47M
$5.66M – $7.54M
NOI $452,659 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$18.59M
$16.26M – $21.69M
NOI $1,301,196 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
449
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
Market
Properties on Market for Warehouses in Salt Lake County
Vacancy Rate% for Industrial in Salt Lake City, UT
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse and office with truck/trailer parking, a 3-ton bridge crane, and easy access to I-215 and SR 201.
Where is this warehouse located?
The property is located at 1874 S Pioneer Rd Salt Lake City, UT.
What is the asking price?
The asking price for this property is $11,800,000.
What are key features of this property?
This property features: 68,996 SF total: 67,091 SF warehouse and 1,905 SF office; 5.1 acres total site with 3.6 acre yard (2.1 acres on long‑term lease); 3 ton bridge crane for heavy lift operations
