Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space Near Transit Stop Title is generated by Realmo AI

    25-47 Fort Union Blvd, Midvale, UT

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Retail space with convenient access to transit and major highways.

    Type:RETAIL
    Property size:
    4,921 SF
    Lot size:
    4.12 Acres
    Added:
    May 12, 2025
    Days on Market:
    390
    Last Refresh:
    May 20 at 9:19 pm

    Property Features for 25-47 Fort Union Blvd

    General Information

    Standard status
    Active
    Size
    4,921 SF
    Lot size
    4.12 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 25-47 Fort Union Blvd Contact us

    We can help!

    Listing Contact
    Kip Paul
    Kip Paul

    Listing agent Kip Paul License #5500481-SA00

    Listing office Cushman & Wakefield | Salt Lake City

    Listing date May 12, 2025

    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 Cushman & Wakefield | Salt Lake City

    HighLights

    • Top regionally trafficked location
    • Convenient access to both I‑15 and I‑215
    • Six minute drive to Fashion Place, Bingham Junction and the Shops at Fort Union amenities
    • 13 minute walk to UTA’s Midvale Fort Union transit stop
    • Grease trap possible for restaurant users
    • Storage area with roll up door attached

    Overview

    This retail space offers convenient access to both I-15 and I-215. It is located within a 13-minute walk to UTA’s Midvale Fort Union transit stop and a six-minute drive to Fashion Place, Bingham Junction and the Shops at Fort Union amenities. The property includes a storage area with a roll-up door attached. The space is 4921 square feet. A grease trap is possible for restaurant users. This location is a top regionally trafficked area.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Midvale
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.89
    Latitude
    40.6215

    Nearby Similar for Sale

    • $2,900,000
      13,040 SF

      Midvale Fourplex: Income-Producing Twin Homes

      Luxury fourplex built in 2022, offering exceptional rental income.
      7045 S 300 E, Midvale, UT 84047
      View Details
    • $575,000
      2,011 SF

      Non-Conforming Duplex with Income Potential

      Fully occupied duplex with mother-in-law apartment and updated kitchens.
      7879 S OAK St, Midvale, UT 84047
      View Details
    • $650,000
      2,964 SF

      Updated Duplex in Midvale

      Income-producing duplex with updates, ideal for investment or house hacking.
      254 W PIONEER Cir, Midvale, UT 84047
      View Details
    • $550,000
      1,382 SF

      Midvale Duplex with Strong Income

      Turn-key duplex near downtown Midvale with excellent tenants.
      620 W 2ND Ave, Midvale, UT 84047
      View Details
    • $525,000

      Midvale Office Conversion Opportunity

      Midvale office conversion with storage, kitchen, and garage.
      266 E FORT Blvd, Midvale, UT 84047
      View Details
    • $6,350,000

      Versatile Commercial Buildings Investment Opportunity

      Four commercial buildings on 1.29 acres with income potential.
      7676-7680 S State St, Midvale, UT 84047
      View Details
    • $5,750,000
      10,750 SF

      Multi-Tenant Investment Property in Midvale

      Multi-tenant investment property with NNN leases in Midvale, Utah.
      7455 Union Park Ave., Midvale, UT 84047
      View Details
    • $6,350,000
      21,075 SF

      Mixed-Use Investment Opportunity

      Four commercial buildings on 1.29 acres with income potential.
      7676 State St, Midvale, UT 84047
      View Details
    • $1,500,000

      Established Business Opportunity in Midvale

      Turn-key business for sale with land and license.
      7654 S MAIN ST, Midvale, UT 84047
      View Details
    • Contact for pricing
      73,520 SF

      Rail-Served Industrial Property

      73,520 sq ft industrial property on 7.13 acres.
      7398 S 700 W, Midvale, UT 84047
      View Details
    • $1,656,000
      7,128 SF

      Union Park Commercial Office Condos

      Six commercial office condos in Union Park, all leased.
      623 Fort Union Blvd, Midvale, UT 84047
      View Details
    • $2,625,000
      4,060 SF

      Restaurant Property in High-Traffic Area

      4,500 SF restaurant on 1.08 acres with ample parking.
      7495 S Union Park Ave, Midvale, UT
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space with convenient access to transit and major highways.
    Where is this retail space located?
    The property is located at 25-47 Fort Union Blvd Midvale, UT.
    What are key features of this property?
    This property features: Top regionally trafficked location; Convenient access to both I‑15 and I‑215; Six minute drive to Fashion Place, Bingham Junction and the Shops at Fort Union amenities
    (801) 303-5555 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kip Paul
    Kip Paul
    Real Estate License ID: 5500481-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
    25-47 Fort Union Blvd, Midvale, 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!