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Salt Lake City Warehouse Space
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950 2100 South, Salt Lake City, UT 84104

12,106 SF warehouse in prime Salt Lake City location.

Property Size12,106 SF
Price / SF$227.16
Days on Market154

Property Features for 950 2100 South

General Information

Standard status Active
Size 12,106 SF
Class C
Property subtype Industrial
Zoning CG
Investment Type Owner/User

Building Details

Year Built 1979
Year Renovated 2025
Listing Agency: Newmark Mountain West
Listed By: Chet Barber · License #5493255-AB00
Source: Crexi
Added: May 19 Changed: Oct 13 Last Checked: Oct 16 at 8:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark Mountain West

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Investment Insights

Based on property information with market context.

This property features a 12,106 square foot warehouse situated in a prime location in Salt Lake City, specifically on 2100 South.

Key Highlights

  • 12,106 square foot warehouse.
  • Prime Salt Lake City location (2100 South).
  • Year built: 1979.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$99,927
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,998,540 $2.0M
Cap Rate 7%
$1,427,529 $1.4M
Cap Rate 9%
$1,110,300 $1.1M
Market Conditions
NOI Build-Up for 12,106 SF
Gross rent
$120.6K $9.96/SF
− Vacancy
−$3.0K −$0.25/SF
EGI
$117.6K $9.71/SF
− OpEx
−$17.6K −$1.46/SF
NOI
$99.9K $8.25/SF
Area
Salt Lake City, UT
Vacancy
2.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,998,540
Cap Rate 7%
$1,427,529
Cap Rate 9%
$1,110,300

Alternative Uses

Best Use
Warehouse
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $99,927 @ 7.0% cap · market cap 3.63%
Second Best
Industrial
$1.13M
$992.8K – $1.32M (±1% cap)
NOI $79,423 @ 7.0% cap · market cap 2.89%
Theoretical Best
Office A
$3.26M
$2.85M – $3.81M (±1% cap)
NOI $228,307 @ 7.0% cap · market cap 8.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Dental Office Parking Lot & Garage Hair Salon Grocery & Convenience Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

348
Businesses Nearby
Well-served
Demand for This Use

Demographics for 84104, UT

23,487
Population
8,452
Households
2.8
Avg Household Size
31
Median Age
22%
College-Educated
78%
High-School Grad
21.6 sq mi
ZIP Area
1,087
Density / Sq Mi
$61,326
Median Household Income
$35,013
Median Earnings
$1,235
Median Rent
$318,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Salt Lake City, UT

3.2% 2019
4.5% 2020
1.9% 2021
2.6% 2022
4.9% 2023
5.4% 2024
7.9% 2025

Similar Off Market Nearby

  • Nimbl Fulfillment And Assembly — California Ave, Salt Lake City, UT 84104
  • Miracle Movers — 2323 Directors Row Suite 200, Salt Lake City, UT 84104
  • Adler Tank Rentals — 621 Fulton St, Salt Lake City, UT 84104
  • Gorilla Box — 3455 W 500 S, Salt Lake City, UT 84104
  • RWM-Utah — 3593 W 500 S, Salt Lake City, UT 84104

Frequently Asked Questions

What type of property is this?
Warehouse - 12,106 SF warehouse in prime Salt Lake City location.
Where is this warehouse located?
The property is located at 950 2100 South Salt Lake City, UT.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 12,106 square foot warehouse.; Prime Salt Lake City location (2100 South).; Year built: 1979.
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