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    120 Redwood Rd North Salt Lake, UT 84054

    For Lease
    $15 SF/Yr ($17,242 /Mo)

    Industrial Flex Space, Utah, Two Suites Available

    Lot size:
    13,794 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Legacy Parkview, located at 120 N Redwood Rd, North Salt Lake, UT 84054, offers exceptional flex space opportunities. This industrial property boasts a total of 13,794 square feet, divided into two suites. Suite 3 offers 3,087 square feet, while Suite 4 provides 7,693 square feet. The property features a desirable 12-foot clear ceiling height, enhancing versatility and storage capacity. Four drive-in doors (8' wide x 10' high) ensure convenient loading and unloading. The building is equipped with 3-phase power and a wet fire suppression system, prioritizing safety and operational efficiency. Each suite includes attractive window lines and kitchenettes, adding to the overall functionality and appeal. The property also benefits from one acre of improved car parking, providing ample space for employees and visitors. Its prime location on Redwood Road offers excellent visibility and accessibility, with convenient access to the freeway system (1-215) less than a mile away. Flexible layout options allow for customization to meet diverse business needs. The minimum divisible space is 3,087 square feet, while the maximum contiguous space available is 10,780 square feet.

    Property Features for 120 Redwood Rd

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,794 SF
    Total Rate
    17242.5

    Unit(s) available at that property

    Space
    Suite 4
    Size
    7,693 SF
    Rate per SF
    $15
    Space
    Suite 3
    Size
    3,087 SF
    Rate per SF
    $16

    HighLights

    • Excellent I‑215 freeway access.
    • Highly adaptable floor plan.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Murata Machinery USA ... Manufacturer Legers Deli Restaurant My Medic Medical Supply Store Threesixty Security Solutions Security System Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    North Salt Lake
    County
    Davis
    State
    Utah
    Longitude
    -111.9300757
    Latitude
    40.8443205

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    FAQs

    What type of property is this?
    Flex space - Industrial Flex Space, Utah, Two Suites Available
    Where is this flex space located?
    The property is located at 120 Redwood Rd North Salt Lake, UT.
    What is the lease rate?
    The lease rate is $15-$16 SF/Yr.
    What are key features of this property?
    This property features: Excellent I-215 freeway access.; Highly adaptable floor plan.;
    Request Owner's contact information
    120 Redwood Rd North Salt Lake, UT 84054
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    North Salt Lake, UT 84054
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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
    120 Redwood Rd North Salt Lake, UT 84054
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