Industrial Condo with Office
30 Cutler Dr Unit 301, North Salt Lake, UT 84054
Industrial condo with 17-foot clear height, grade-level drive-in access, and finished office mezzanine for flexible operations.
Type:Industrial
Property size:
3,222 SFPrice / SF:
$263/SF- Added:
- Jun 18, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 24 at 5:15 am
Property Features for 30 Cutler Dr Unit 301
General Information
- Standard status
- Active
- Size
- 3,222 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2001
Listing office The Northwood Group
Listing date Jun 18, 2026
Source Crexi
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 The Northwood Group
HighLights
- Industrial condo built in 2001 with 17‑foot clear height
- Grade‑level drive‑in door for straightforward warehouse loading and access
- Polished epoxy floors throughout the warehouse area
- Finished mezzanine with a full suite of private offices for added workspace
Overview
This industrial condo combines warehouse space with finished office improvements in a single, turnkey-style layout. The warehouse includes 17-foot clear height, polished epoxy floors, and a grade-level drive-in door to support efficient loading and operations. A finished mezzanine provides a full suite of private offices, giving the property a built-in separation between production or storage and administrative space.
Located at 30 N Cutler Drive in North Salt Lake, the property sits within one of the area’s most accessible commercial corridors. The configuration is designed to serve both warehousing needs and day-to-day office functions without requiring a separate facility.
For owner-users, this setup can streamline workflow by keeping staff and operational space in the same building. Tenants or buyers seeking a compact industrial footprint with ready-to-use office space may find the mezzanine offices particularly useful for management, support, or customer-facing roles, while the warehouse features are aligned with practical distribution and storage use.
Located at 30 N Cutler Drive in North Salt Lake, the property sits within one of the area’s most accessible commercial corridors. The configuration is designed to serve both warehousing needs and day-to-day office functions without requiring a separate facility.
For owner-users, this setup can streamline workflow by keeping staff and operational space in the same building. Tenants or buyers seeking a compact industrial footprint with ready-to-use office space may find the mezzanine offices particularly useful for management, support, or customer-facing roles, while the warehouse features are aligned with practical distribution and storage use.
Local Financial Insights For Flex RnD
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 | $70.8k | $21.96 |
| − Vacancy | −$4.0k | −$1.25 |
| EGI | $66.7k | $20.71 |
| − OpEx | −$23.4k | −$7.25 |
| NOI | $43.4k | $13.46 |
3,222 SF · lease $21.96/SF/yr · vacancy 5.70% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$619.6K
$542.1K – $722.8K
NOI $43,369 @ 7.0% cap · market cap 5.10%
Second Best
Office B
$559.6K
$489.7K – $652.9K
NOI $39,174 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$744.1K
$651.1K – $868.2K
NOI $52,090 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Palmer Engineering and Forensics
Electrical Engineer
Ridgeline Plumbing
Plumbing Service
Base Craft - Film ...
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- North Salt Lake
- County
- Davis
- State
- Utah
- Longitude
- -111.9334331
- Latitude
- 40.8432245
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Industrial condo with 17-foot clear height, grade-level drive-in access, and finished office mezzanine for flexible operations.
Where is this flex space located?
The property is located at 30 Cutler Dr Unit 301 North Salt Lake, UT.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Industrial condo built in 2001 with 17‑foot clear height; Grade‑level drive‑in door for straightforward warehouse loading and access; Polished epoxy floors throughout the warehouse area
