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    50 Redwood Rd Salt Lake City, UT 84116

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    For Lease
    Contact for pricing

    18,887 SF Industrial Property, 14.48 Acres

    Lot size:
    71,014 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Salt Lake City industrial property, situated on a substantial 14.48-acre fenced and secured lot, presents a unique investment opportunity. The property boasts a diverse range of improvements, including an 18,887 square foot canopy, a 35,985 square foot dry storage warehouse, and significant office and canopy space totaling 9,520 square feet. Additional structures include a 1,795 square foot car wash and a 696 square foot detail shop. The site also offers approximately 3,000 parking stalls, adding significant potential for various uses. Built in 1954 with renovations completed in 1997, the property features 16-foot ceilings and benefits from readily available power capabilities within the yard. Its strategic location in the highly desirable Power District provides quick access to major freeways including I-15, I-215, I-80, and Redwood Road. The TSA-MUEC-T (Transit Station-Mixed Use Employment Center) zoning allows for a wide array of development possibilities. This single-tenant property offers a rare combination of size, functionality, and location, making it an ideal asset for a variety of industrial and commercial uses. The property is located at 50 S Redwood Rd, Salt Lake City, UT 84116.

    Property Features for 50 Redwood Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    71,014 SF

    Building Details

    Year Built/Renovated
    1954/1997

    Unit(s) available at that property

    Space
    Size
    71,014 SF

    HighLights

    • 14.48‑acre fenced and secured lot in Salt Lake City's Power District.
    • Improved with 18,887 SF canopy, 35,985 SF warehouse, and 9,520 SF of office/canopy space.
    • Additional structures include a 1,795 SF car wash and a 696 SF detail shop, plus approximately 3,000 parking stalls.
    • Built in 1954, renovated in 1997, featuring 16‑foot ceilings and ample yard power.
    • Excellent freeway access (I‑15, I‑215, I‑80, Redwood Road) and TSA‑MUEC‑T zoning.
    • Located at 50 S Redwood Rd, Salt Lake City, UT 84116.
    Property Profile Location Intelligence

    Current Use by Public Records

    Diamond Self Storage Self-Storage Facility 50 S Redwood ... Parking Lot Diamond Parking Services Parking Lot Uhaul Truck Rental Agency

    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
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9410707
    Latitude
    40.7678615

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    FAQs

    What type of property is this?
    Distribution property - 18,887 SF Industrial Property, 14.48 Acres
    Where is this distribution property located?
    The property is located at 50 Redwood Rd Salt Lake City, UT.
    What are key features of this property?
    This property features: 14.48-acre fenced and secured lot in Salt Lake City's Power District.; Improved with 18,887 SF canopy, 35,985 SF warehouse, and 9,520 SF of office/canopy space.; Additional structures include a 1,795 SF car wash and a 696 SF detail shop, plus approximately 3,000 parking stalls.
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    50 Redwood Rd Salt Lake City, UT 84116
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    Salt Lake City, UT 84116
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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
    50 Redwood Rd Salt Lake City, UT 84116
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