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    1398 L Ave Tooele, UT 84074

    For Lease
    $4 SF/Yr

    Large industrial warehouse, ideal for distribution.

    Lot size:
    90,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 90,000-square-foot warehouse, built in 1945 and extensively renovated in 2024, presents a unique opportunity for businesses seeking a strategic location and ample space. The property sits on a 4.97-acre lot and is currently available for sale or lease, with the option of dividing the space into two 45,000-square-foot units. Features include 14 drive-in doors, 146 parking spaces, and a 12' to 16' clear ceiling height. The warehouse boasts modern amenities such as LED lighting and a dry fire suppression system. Power is supplied by a 400-amp, 3-phase, 120-208 Volt system. The property is zoned M-1 and benefits from convenient access to major transportation arteries, including I-80 and SR-36, offering significant time savings compared to I-15 routes. Its proximity to Salt Lake International Airport (20 minutes), Tooele Army Depot, Lakeview Business Park, and Utah Motorsports Campus adds to its strategic appeal. Active rail access further enhances its logistical advantages. This is a prime location for distribution and logistics operations.

    Property Features for 1398 L Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    90,000 SF
    Total Rate
    36000

    Building Details

    Year Built/Renovated
    1945/2024
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    90,000 SF
    Rate per SF
    $5

    HighLights

    • 90,000 SF industrial warehouse available for sale or lease, divisible to 45,000 SF.
    • Features 14 drive‑in doors, 146 parking spaces, and 12'-16' clear height ceilings.
    • Equipped with 400 amp, 3‑phase, 120‑208V power and a dry fire suppression system.
    • Situated on a 4.97‑acre lot with LED lighting and M‑1 zoning.
    • Conveniently located near Salt Lake International Airport, I‑80, and SR‑36, offering efficient access to major transportation corridors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Clothing Store Department Store Dental Office Electrical Service Home Appliance Store Plumbing Service HVAC Service Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Tooele
    County
    Tooele
    State
    Utah
    Longitude
    -112.33594542232
    Latitude
    40.536666936123

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    FAQs

    What type of property is this?
    Distribution property - Large industrial warehouse, ideal for distribution.
    Where is this distribution property located?
    The property is located at 1398 L Ave Tooele, UT.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 90,000 SF industrial warehouse available for sale or lease, divisible to 45,000 SF.; Features 14 drive-in doors, 146 parking spaces, and 12'-16' clear height ceilings.; Equipped with 400 amp, 3-phase, 120-208V power and a dry fire suppression system.
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    1398 L Ave Tooele, UT 84074
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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
    1398 L Ave Tooele, UT 84074
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