Flex Building with
For Sale
Contact for pricing
3767 S Secord St, Salt Lake City, UT 84115
Office and showroom space is paired with a separate warehouse area in a configurable commercial property.
Property Size7,400 SF
Price / SF$229.73
Days on Market12
Property Features for 3767 S Secord St
General Information
Standard status
Active
Size
7,400 SF
Property subtype
INDUSTRIAL
Listing Agency:
cRc Nationwide
(801) 617-1700
Listed By:
Jeremy Sieverts
(801) 617-1715
Source:
Moodyscre
Added: Sep 25
Changed: Sep 30
Last Checked: Oct 5 at 7:32PM
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 cRc Nationwide
Investment Insights
Based on property information with market context.
This 7,400-square-foot flex property includes 3,400 square feet of office space and 4,000 square feet of warehouse area. The layout combines office or showroom functions with warehouse space, and the building can be separated into two spaces of approximately 3,700 square feet each.
The 0.25-acre site includes two ground-level doors measuring 10 feet by 12 feet, 16-foot clear height, and 12 parking stalls. The property is zoned CC.
The 0.25-acre site includes two ground-level doors measuring 10 feet by 12 feet, 16-foot clear height, and 12 parking stalls. The property is zoned CC.
Key Highlights
- 7,400 SF total, with 3,400 SF of office space and 4,000 SF of warehouse area
- Can be divided into two spaces of approximately 3,700 SF each
- Two 10' x 12' ground‑level doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,385
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,627,700
$1.6M
Cap Rate 7%
$1,162,643
$1.2M
Cap Rate 9%
$904,278
$904.3K
Market Conditions
NOI Build-Up for 7,400 SF
Gross rent
$133.2K $18.00/SF
− Vacancy
−$8.0K −$1.08/SF
EGI
$125.2K $16.92/SF
− OpEx
−$43.8K −$5.92/SF
NOI
$81.4K $11.00/SF
Area
Salt Lake City, UT
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,627,700
Cap Rate 7%
$1,162,643
Cap Rate 9%
$904,278
Alternative Uses
Best Use
Flex RnD
$1.16M
$1.02M – $1.36M
NOI $81,385 @ 7.0% cap · market cap 4.79%
Second Best
Warehouse
$872.6K
$763.5K – $1.02M
NOI $61,082 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$1.99M
$1.74M – $2.33M
NOI $139,557 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,465
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 84115, UT
27,588
Population
13,899
Households
2
Avg Household Size
33
Median Age
33%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
4,523
Density / Sq Mi
$61,505
Median Household Income
$43,785
Median Earnings
$1,263
Median Rent
$396,200
Median Home Value
Market
Vacancy Rate% for Industrial in Salt Lake City, UT
Questions? Ask Rey
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Similar Off Market Nearby
- Cuisine Unlimited Catering & Special Events — 3575 S 300 W, South Salt Lake, UT 84115
- Rogers Catering — 3551 S W Temple St, South Salt Lake, UT 84115
- Chef Cody Ringo — 3478 S 500 E, Salt Lake City, UT 84115
- Mr. Rice — 3390 State St, South Salt Lake, UT 84115
Frequently Asked Questions
What type of property is this?
Flex space - Office and showroom space is paired with a separate warehouse area in a configurable commercial property.
Where is this flex space located?
The property is located at 3767 S Secord St Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 7,400 SF total, with 3,400 SF of office space and 4,000 SF of warehouse area; Can be divided into two spaces of approximately 3,700 SF each; Two 10' x 12' ground‑level doors
