Listing Agency: CBRE | Salt Lake City a***@cbre.com Show Phone

Listed By: Andy Blunt Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 11 at 11:03AM

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Investment Insights

Based on property information with market context.

Located at 5047 - 5051 So. Commerce Drive in Salt Lake City, this industrial space is suitable for multiple industrial uses. The property offers convenient access to I-15, situated just 0.5 miles to the south, and a Trax station located 0.3 miles southwest. The property has a size of 2,284 square feet.

Key Highlights

• Convenient access to I‑15 (0.5 miles).
• Compatible with multiple industrial uses.
• Newly available industrial space.

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Nail Salon Grocery & Convenience Store Real Estate Agency Hair Salon Food Market Restaurant

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

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,348

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 84107, UT

37,713

Population

17,287

Households

2.2

Avg Household Size

34

Median Age

38%

College-Educated

93%

High-School Grad

7.5 sq mi

ZIP Area

5,028

Density / Sq Mi

$73,469

Median Household Income

$46,098

Median Earnings

$1,387

Median Rent

$426,000

Median Home Value

Market

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Industrial space with convenient access to I-15 and Trax.

Where is this flex space located?

The property is located at 5047 South Commerce Drive Murray, UT.

What are key features of this property?

This property features: Convenient access to I‑15 (0.5 miles).; Compatible with multiple industrial uses.; Newly available industrial space.