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    6955 400 Midvale, UT 84047

    For Lease
    $16 SF/Yr ($8,270 /Mo)

    Spacious warehouse, ideal for various uses.

    Lot size:
    6,126 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6,126-square-foot warehouse/shop space is available for lease in Midvale, Utah. Situated on a four-acre lot, this single-tenant property offers ample room for storage, operations, or retail. The building is classified as Class C and boasts a total of 6,126 square feet, all currently vacant and ready for immediate occupancy. The property's address is 6955 S 400 W, Midvale, UT 84047, within Salt Lake County. The property type is listed as both retail and industrial, making it versatile for a range of businesses. Annual property taxes are $0.14 per square foot. This presents a significant opportunity for businesses seeking a substantial space in a convenient location. The ample lot size provides potential for expansion or additional outdoor storage. The property's location in Midvale offers easy access to major transportation routes, enhancing logistics and distribution capabilities. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.

    Property Features for 6955 400

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,126 SF
    Class
    C
    Total Rate
    8270.1

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,126 SF
    Rate per SF
    $16

    HighLights

    • $1.35/SF/year Net, Net, Net (NNN) lease rate.
    • Four‑year lease term preferred.
    • No auto repair tenants permitted.
    • $0.14/SF/month estimated taxes and insurance.
    • Space available due to tenant relocation.
    • Tenant responsible for utilities and snow removal.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Midvale
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.9007913
    Latitude
    40.6251371

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    FAQs

    What type of property is this?
    Individual retail property - Spacious warehouse, ideal for various uses.
    Where is this individual retail property located?
    The property is located at 6955 400 Midvale, UT.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: $1.35/SF/year Net, Net, Net (NNN) lease rate.; Four-year lease term preferred.; No auto repair tenants permitted.
    Request Owner's contact information
    6955 400 Midvale, UT 84047
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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
    6955 400 Midvale, UT 84047
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