Holladay Convenience Store For
For Sale
Contact for pricing
2931 4430 South, Salt Lake City, UT 84124
2,400 SF convenience store on 0.29 acre parcel.
Property Size2,400 SF
Lot Size0.29 Acres
Price / SF$408.33
Days on Market156
Property Features for 2931 4430 South
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.29 Acres
Property subtype
Retail
Listing Agency:
Newmark Mountain West
Listed By:
Scott Brady · License #UT 5500481-SA00
(801) 456-8804
Source:
Crexi
Added: May 22
Changed: Oct 15
Last Checked: Oct 23 at 3:43AM
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 Newmark Mountain West
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a 2,400 SF convenience store located on a 0.29 acre parcel in Holladay, Utah. The property is zoned C-2 and features a corner location with easy access to/from I-215 and high traffic counts of 17,244 ADT on 4500 S.
Key Highlights
- High traffic counts (17,244 ADT) on 4500 S
- Corner location with easy access to/from I‑215
- 2,400 SF convenience store
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,014
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,280
$800.3K
Cap Rate 7%
$571,629
$571.6K
Cap Rate 9%
$444,600
$444.6K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$54.7K $22.80/SF
− Vacancy
−$1.4K −$0.57/SF
EGI
$53.4K $22.23/SF
− OpEx
−$13.3K −$5.56/SF
NOI
$40.0K $16.67/SF
Area
Salt Lake City, UT
Vacancy
2.50%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,280
Cap Rate 7%
$571,629
Cap Rate 9%
$444,600
Alternative Uses
Best Use
Specialty Retail
$571.6K
$500.2K – $666.9K
NOI $40,014 @ 7.0% cap · market cap 4.08%
Second Best
Retail
$512.3K
$448.3K – $597.7K
NOI $35,860 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$646.6K
$565.8K – $754.4K
NOI $45,262 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
5,668 visits/mo
0.3 miles
Chevron
Shops & Services
2,350 visits/mo
0.3 miles
Demographics for 84124, UT
22,872
Population
8,976
Households
2.5
Avg Household Size
38
Median Age
60%
College-Educated
98%
High-School Grad
7.7 sq mi
ZIP Area
2,970
Density / Sq Mi
$117,500
Median Household Income
$53,551
Median Earnings
$1,460
Median Rent
$704,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Salt Lake City, UT
Similar Off Market Nearby
- Fresh Market 2300 S — 3865 S 2300 E, Salt Lake City, UT 84109
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - 2,400 SF convenience store on 0.29 acre parcel.
Where is this grocery and convenience store located?
The property is located at 2931 4430 South Salt Lake City, UT.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: High traffic counts (17,244 ADT) on 4500 S; Corner location with **easy access to/from I‑215**; 2,400 SF convenience store
