Retail Showroom with Warehouse
2827 S 2300 E, Salt Lake City, UT 84109
For Sale
Contact for pricing
Freestanding retail showroom with warehouse, ample parking, and freeway access.
Property Size11,000 SF
Price / SF$217.73
Days on Market902
Property Features for 2827 S 2300 E
General Information
Standard status
Size
Class
Property subtype
Zoning
Site & Location
Neighborhood
Building Details
Year Built
Listing Agency:
Align Real Estate
Listed By:
Jonah Hornsby · License UT 6409658SA00
(801) 580-4945
Source:
Crexi
Added: May 23, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:29AM
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 Align Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This east side freestanding building features a retail showroom with an integrated warehouse component. The property includes ample parking and two grade-level doors. Inside, there is a lobby, two private offices, and two restrooms. The current use of the property is a dog daycare. The building is located close to freeway access, shopping, and restaurants. The property has a size of 11000 square feet.
Key Highlights
- Freestanding retail showroom building with warehouse component.
- Ample parking.
- Two grade‑level doors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$164,357
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,287,140
$3.3M
Cap Rate 7%
$2,347,957
$2.3M
Cap Rate 9%
$1,826,189
$1.8M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$241.6K $21.96/SF
− Vacancy
−$6.8K −$0.61/SF
EGI
$234.8K $21.35/SF
− OpEx
−$70.4K −$6.40/SF
NOI
$164.4K $14.94/SF
Area
Salt Lake City, UT
Vacancy
2.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,287,140
Cap Rate 7%
$2,347,957
Cap Rate 9%
$1,826,189
Alternative Uses
Best Use
Retail
$2.35M
$2.05M – $2.74M
NOI $164,357 @ 7.0% cap · market cap 6.86%
Second Best
Warehouse
$1.30M
$1.13M – $1.51M
NOI $90,798 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$2.96M
$2.59M – $3.46M
NOI $207,449 @ 7.0% cap · market cap 8.66%
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
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84109, UT
24,768
Population
9,829
Households
2.5
Avg Household Size
37
Median Age
69%
College-Educated
99%
High-School Grad
57.0 sq mi
ZIP Area
435
Density / Sq Mi
$136,823
Median Household Income
$63,758
Median Earnings
$1,584
Median Rent
$679,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Salt Lake City, UT
Frequently Asked Questions
What type of property is this?
Showroom - Freestanding retail showroom with warehouse, ample parking, and freeway access.
Where is this showroom located?
The property is located at 2827 S 2300 E Salt Lake City, UT.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: Freestanding retail showroom building with warehouse component.; Ample parking.; Two grade‑level doors.
