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Industrial Warehouse For Sale
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50 E MALVERN AVE, South Salt Lake, UT 84115

Industrial warehouse available for purchase in a commercial corridor zoning setting.

Property Size1,960 SF
Lot Size0.14 Acres
Price / SF$255.10
Days on Market62

Property Features for 50 E MALVERN AVE

General Information

Standard status Active
Size 1,960 SF
Lot size 0.14 Acres
Property subtype Industrial
Zoning Commercial Corridor

Building Details

Year Built 1987
Listing Agency: Newmark Mountain West
Listed By: Robert Kingsford · License #UT 6561557-SA00
Source: Crexi
Added: Jun 1 Changed: Jul 10 Last Checked: Jul 30 at 9:19AM

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

Investment Insights

Based on property information with market context.

The property is an industrial warehouse offering 1,960 square feet of space on 0.14 acres. It is positioned for commercial uses under the Commercial Corridor zoning designation, providing a straightforward configuration for industrial or related operational needs.

Located at 50 E Malvern Ave in South Salt Lake, UT, the site is marketed within a Commercial Corridor context. This zoning placement can be particularly relevant for tenants or buyers looking for a facility that fits within a corridor-oriented commercial framework.

For prospective users, the size and warehouse classification support practical requirements such as storage and light industrial activity, subject to the applicable zoning and any permitting requirements. For buyers, the offering provides a compact industrial footprint with a clear zoning basis, which can help streamline early feasibility for suitable industrial tenants.

Key Highlights

  • Industrial warehouse for purchase
  • 1,960 SF industrial space
  • 0.14‑acre lot

Financial Insights For Warehouse

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 $19.5k $9.96
− Vacancy −$488 −$0.25
EGI $19.0k $9.71
− OpEx −$2.9k −$1.46
NOI $16.2k $8.25
1,960 SF · lease $9.96/SF/yr · vacancy 2.50% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$231.1K
$202.2K – $269.7K (±1% cap)
NOI $16,179 @ 7.0% cap · market cap 3.24%
Second Best
Industrial
$183.7K
$160.7K – $214.3K (±1% cap)
NOI $12,859 @ 7.0% cap · market cap 2.57%
Theoretical Best
Multifamily LT 5
$26.10M
$22.84M – $30.45M (±1% cap)
NOI $1,826,869 @ 7.0% cap · market cap 365.37%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Clothing & Fashion Store Florist Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,572
Businesses Nearby
Well-served
Demand for This Use

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

Properties on Market for Warehouses in Salt Lake County

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • A-1 Access Storage — 3202 S 460 W, South Salt Lake, UT 84115
  • Millcreek Storage — 2980 S 460 W, South Salt Lake, UT 84115
  • VIP Marine — 3158 S Main St, Salt Lake City, UT 84115
  • Jorgenson Lockers — 2895 S 300 W, Salt Lake City, UT 84115
  • A-1 Access Self Storage Units & U-Haul Truck Rental — 3202 S 460 W, South Salt Lake, UT 84115

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse available for purchase in a commercial corridor zoning setting.
Where is this warehouse located?
The property is located at 50 E MALVERN AVE South Salt Lake, UT.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Industrial warehouse for purchase; 1,960 SF industrial space; 0.14‑acre lot
More about this property
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