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    2708 Redwood Rd West Valley City, UT 84119

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    For Lease
    Contact for pricing

    West Valley City Flex Space Available

    Lot size:
    19,184 SF

    Property Features for 2708 Redwood Rd

    General Information

    Property type
    Distribution centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,184 SF
    Class
    A
    Total Rate
    30694.4

    Building Details

    Year Built
    2025
    Buildings
    1

    Spaces For Lease

    at 2708 Redwood Rd, West Valley City, UT 84119 Contact us
    Unit 102

    $19 /Mo

    Size
    1,680 SF
    Contact us
    Unit 101

    $19 /Mo

    Size
    1,680 SF
    Contact us
    Unit 103

    $19 /Mo

    Size
    1,680 SF
    Contact us
    Unit 104

    $19 /Mo

    Size
    1,680 SF
    Contact us
    Unit 105

    $19 /Mo

    Size
    1,680 SF
    Contact us
    Unit 106

    $21 /Mo

    Size
    980 SF
    Contact us
    Unit 107

    $21 /Mo

    Size
    980 SF
    Contact us
    Unit 108

    $21 /Mo

    Size
    980 SF
    Contact us
    Unit 109

    $21 /Mo

    Size
    980 SF
    Contact us
    Unit 110

    $21 /Mo

    Size
    945 SF
    Contact us
    Unit 112

    $21 /Mo

    Size
    980 SF
    Contact us
    Unit 113

    $21 /Mo

    Size
    980 SF
    Contact us
    Unit 111

    $21 /Mo

    Size
    945 SF
    Contact us
    Unit 114

    $21 /Mo

    Size
    980 SF
    Contact us
    Unit 115

    $21 /Mo

    Size
    980 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Tre Bourdeaux
    Tre Bourdeaux

    Listing Agency: Legend Partners Listing Agent: Tre Bourdeaux

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional Class A industrial property, located at 2708 S Redwood Rd, West Valley City, UT 84119, offers 19,184 square feet of flexible space across fifteen individual units. The building, constructed in 2025, boasts a modern design with 16'8" ceilings, twenty 12'x14' grade-level drive-in doors, and ample parking (31 dedicated stalls). Each unit includes a restroom and shop sink, and is equipped with 225 Amp 120/208Y 3-phase 4-wire power, LED lighting, and gas forced heat. Unit sizes range from a minimum of 945 square feet to a maximum contiguous space of 8,400 square feet, making it suitable for a variety of businesses. The property sits on a 2.4-acre lot, zoned for manufacturing (M), and offers easy access off Redwood Road in the highly desirable West Valley City submarket. The building features a CMU block construction and an automatic fire sprinkler system. All units are currently vacant. This is a prime opportunity for businesses seeking modern, efficient, and well-located industrial space. The property's strategic location and modern amenities make it an ideal choice for companies seeking a competitive edge in the West Valley City market. Contact us today to learn more about leasing opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    West Valley City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9393706
    Latitude
    40.712398

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    FAQs

    What type of property is this?
    Distribution center - West Valley City Flex Space Available
    Where is this distribution center located?
    The property is located at 2708 Redwood Rd West Valley City, UT.
    What is the lease rate?
    The lease rate is $19-$21 SF/Yr.
    What are key features of this property?
    This property features: 19,184 SF Class A industrial building in West Valley City, UT.; Fifteen (15) individual units ranging from 945 SF to 8,400 SF maximum contiguous space.; 16'8" clear height, twenty (20) 12'x14' grade-level drive-in doors.
    (801) 824-0397 Call to check price and availability
    Request Owner's contact information
    2708 Redwood Rd West Valley City, UT 84119
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    West Valley City, UT 84119
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    2708 Redwood Rd West Valley City, UT 84119
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tre Bourdeaux
    Tre Bourdeaux
    Real Estate License ID: 10804091-SA00
    (801) 824-0397
    Learn more
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