High-Visibility Assembly Church
For Sale
$1,999,950
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.
Property Size10,950 SF
Price / SF$182.64
Days on Market101
Property Features for 3950 S REDWOOD RD
General Information
Standard status
Active
Size
10,950 SF
Property subtype
Retail
Zoning
C-2
Building Details
Building Size
10,950 SF
Year Built
1948
Listing Agency:
Cannon & Company
Listed By:
Mark W. Feigh
(801) 838-8600
Source:
Acresutah
Added: Jul 6
Changed: Oct 6
Last Checked: Oct 13 at 2:29AM
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 Cannon & Company
Investment Insights
Based on property information with market context.
This approximately 10,950-square-foot church/assembly property is positioned for visibility directly on the Redwood Road corridor. The building is currently used as a church and has an existing assembly-oriented layout that may support continued religious use and related community functions, as well as reception or event uses, education/training, counseling, wellness, professional office use, and showroom or other adaptive reuse options subject to city requirements.
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.
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).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$163,610
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,272,200
$3.3M
Cap Rate 7%
$2,337,286
$2.3M
Cap Rate 9%
$1,817,889
$1.8M
Market Conditions
NOI Build-Up for 10,950 SF
Gross rent
$240.5K $21.96/SF
− Vacancy
−$6.7K −$0.61/SF
EGI
$233.7K $21.35/SF
− OpEx
−$70.1K −$6.40/SF
NOI
$163.6K $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%
$3,272,200
Cap Rate 7%
$2,337,286
Cap Rate 9%
$1,817,889
Alternative Uses
Best Use
Retail
$2.34M
$2.05M – $2.73M
NOI $163,610 @ 7.0% cap · market cap 8.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.95M
$2.58M – $3.44M
NOI $206,506 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
212k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 27%
Groceries 26%
Apparel 7%
Smith's
Groceries
50,820 visits/mo
0.2 miles
McDonald's
Dining
27,206 visits/mo
0.4 miles
Savers Thrift Store
Apparel
15,646 visits/mo
0.4 miles
Smith's Fuel Center
Shops & Services
15,511 visits/mo
0.1 miles
Little Caesars Pizza
Dining
12,120 visits/mo
0.3 miles
Demographics for 84123, UT
39,489
Population
14,716
Households
2.7
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
8.3 sq mi
ZIP Area
4,758
Density / Sq Mi
$80,079
Median Household Income
$42,195
Median Earnings
$1,416
Median Rent
$436,600
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Approximately 10,950 SF assembly-oriented building on Redwood Road in West Valley City’s C-2 commercial zone.
Where is this church & religious facility located?
The property is located at 3950 S REDWOOD RD Salt Lake City, UT.
What is the asking price?
The asking price for this property is $1,999,950.
What are key features of this property?
This property features: 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).
