3950 S REDWOOD RD Salt Lake City, UT 84123
Approximately 10,950 SF assembly-oriented building on Redwood Road in West Valley City’s C-2 commercial zone.
- Added:
- Jul 6, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 11 at 2:30 am
Property Features for 3950 S REDWOOD RD
General Information
- Standard status
- Active
- Size
- 10,950 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1948
Listing office Cannon & Company (801) 753-8226
Listing date Jul 6, 2026
Source Liftrealty
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 Cannon & Company
Investment Insights
Based on property information with market context.
The property is located in West Valley City within the C-2 commercial zone, which allows for certain retail and office uses along with other commercial possibilities, depending on city approvals. Prospective buyers should confirm zoning, permitted and conditional uses, parking and occupancy requirements, building condition, traffic counts, and all applicable city requirements.
The listing is offered for sale and may suit an owner-user, nonprofit religious organization, office or retail/showroom operator, event operator, or investor. Buyer and their representative should verify all information provided.
Key Highlights
- Approximately 10,950 SF assembly‑oriented church building on Redwood Road in West Valley City.
- Year built: 1948; currently used as a church with an existing assembly‑oriented layout.
- Located in West Valley City C‑2 commercial zone allowing certain retail and office uses (subject to city requirements).
Local Financial Insights For Retail
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 | $240.5k | $21.96 |
| − Vacancy | −$6.7k | −$0.61 |
| EGI | $233.7k | $21.35 |
| − OpEx | −$70.1k | −$6.40 |
| NOI | $163.6k | $14.94 |
