Flex Space with
New
For Sale
$5,000,000
736 W 300 S, Salt Lake City, UT 84104
The property combines customer-facing display space with areas for production and warehouse operations.
Property Size1,950 SF
Price / SF$197.63
Days on Market6
Property Features for 736 W 300 S
General Information
Standard status
Active
Size
1,950 SF
Property subtype
Industrial
Financials
Asking Price
$5,000,000
Business Included
Yes
Additional Details
Highway Access
Yes
Dock-High Doors
2
Building Details
Building Size
1,950 SF
Year Built
1950
Listing Agency:
Trico Property Management & Real Estate LLC
(801) 571-8833
Listed By:
Teresa Bowman
(801) 835-5151
Source:
Liftrealty
Added: Oct 15
Changed: Oct 20
Last Checked: Oct 20 at 2:18AM
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 Trico Property Management & Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This approximately 25,300-square-foot flex property brings together a showroom, production area, and warehouse space. Two dock-high doors support receiving and shipping, while prominent signage is another on-site feature. The building dates to 1950.
Access to I-15 and downtown Salt Lake City connects the property with regional routes and the city center. The real estate is offered only as part of a package that also includes an established custom drapery and interiors business, along with its equipment and inventory.
Access to I-15 and downtown Salt Lake City connects the property with regional routes and the city center. The real estate is offered only as part of a package that also includes an established custom drapery and interiors business, along with its equipment and inventory.
Key Highlights
- Approximately 25,300 square feet of showroom, production, and warehouse space
- Two dock‑high doors
- Prominent signage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$278,249
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,564,980
$5.6M
Cap Rate 7%
$3,974,986
$4.0M
Cap Rate 9%
$3,091,656
$3.1M
Market Conditions
NOI Build-Up for 25,300 SF
Gross rent
$455.4K $18.00/SF
− Vacancy
−$27.3K −$1.08/SF
EGI
$428.1K $16.92/SF
− OpEx
−$149.8K −$5.92/SF
NOI
$278.2K $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%
$5,564,980
Cap Rate 7%
$3,974,986
Cap Rate 9%
$3,091,656
Alternative Uses
Best Use
Flex RnD
$3.97M
$3.48M – $4.64M
NOI $278,249 @ 7.0% cap · market cap 5.56%
Second Best
Warehouse
$2.98M
$2.61M – $3.48M
NOI $208,835 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$6.82M
$5.96M – $7.95M
NOI $477,133 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Dock-high doors
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84104, UT
23,487
Population
8,452
Households
2.8
Avg Household Size
31
Median Age
22%
College-Educated
78%
High-School Grad
21.6 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,326
Median Household Income
$35,013
Median Earnings
$1,235
Median Rent
$318,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Salt Lake City, UT
Similar Off Market Nearby
- Nostalgia Catering — 355 N 500 W, Salt Lake City, UT 84116
Frequently Asked Questions
What type of property is this?
Flex space - The property combines customer-facing display space with areas for production and warehouse operations.
Where is this flex space located?
The property is located at 736 W 300 S Salt Lake City, UT.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Approximately 25,300 square feet of showroom, production, and warehouse space; Two dock‑high doors; Prominent signage
