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    1014 Draper Pkwy Draper, UT 84020

    For Lease
    $13 SF/Yr

    Versatile industrial space in Draper, UT

    Lot size:
    25,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional Draper, UT industrial property, located at 1014 E Draper Pkwy, offers 25,200 square feet of versatile space, ideal for manufacturing, warehousing, flex, or R&D uses. The property features a minimum divisible space of 6,790 square feet and a maximum contiguous space of 19,410 square feet, catering to a range of business needs. Built in 1968, the building boasts impressive 29-foot ceilings and ample 3-phase, 480V power, making it suitable for various industrial applications. The property includes 26 parking spaces and three convenient drive-in bays. Situated on 1.49 acres of land, the property benefits from a 12300 S frontage. While zoned as Draper Towne Center, a grandfathered use exception permits limited manufacturing and wholesale/warehousing activities. The property currently includes some existing lab and office space, along with an unfinished but load-bearing mezzanine offering potential for additional storage. A fenced yard is available upon request. This Class C property presents a unique opportunity in a prime Draper location. The property is multi-tenant.

    Property Features for 1014 Draper Pkwy

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    25,200 SF
    Class
    C
    Total Rate
    27720

    Building Details

    Year Built
    1968

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    19,410 SF
    Rate per SF
    $13

    HighLights

    • Unique building in the area.
    • 6,790 to 19,410 square feet available for lease.
    • Three ground‑level loading doors.
    • Approximately 0.3‑acre yard.
    • 3‑phase 480V power available.
    • Clear ceiling height up to 29 feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Berry Creek Home ... Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Draper
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.86299196473
    Latitude
    40.526976523931

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    FAQs

    What type of property is this?
    Life science property - Versatile industrial space in Draper, UT
    Where is this life science property located?
    The property is located at 1014 Draper Pkwy Draper, UT.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Unique building in the area.; 6,790 to 19,410 square feet available for lease.; Three ground-level loading doors.
    Request Owner's contact information
    1014 Draper Pkwy Draper, UT 84020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1014 Draper Pkwy Draper, UT 84020
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