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    1188 Utah Ave Tooele, UT 84074

    For Sale
    $12,500,000

    83,000 SF Warehouse, 54 Acres, Utah

    Property size:
    83,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional owner-user opportunity in Tooele, Utah presents three single-story industrial buildings totaling 83,000 square feet on a sprawling 54.21-acre lot. Located at 1188 W Utah Ave, this Class B property offers prime visibility on Utah Avenue with easy access to Main Street and Interstate 80. The complex includes a 4,000 square foot main office building featuring private offices, restrooms, and a conference room. Two additional warehouse buildings each provide over 37,000 square feet of space, equipped with early-order dock levelers and substantial power capacity. The buildings boast 25-foot ceiling heights. The property's location benefits from proximity to major freeways and is situated in a state recognized for its strong economic outlook and business-friendly environment. With Utah's robust job growth and population increase, this represents a strategic investment in a region poised for continued growth. The asking price is $12,500,000, translating to $150.60 per square foot. The property's APN is 0208700049. This is a rare opportunity to acquire a significant industrial property in a thriving Utah market.

    Property Features for 1188 Utah Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    83,000 SF
    Class
    B
    Lot Size
    2,361,388 SF

    Building Details

    Buildings
    3
    Stories
    1

    HighLights

    • 83,000 SF of industrial space in three single‑story buildings on a 54.21‑acre lot.
    • Located at 1188 W Utah Ave, Tooele, UT, with high visibility and easy freeway access.
    • Includes a 4,000 SF main office building with private offices and amenities.
    • Two warehouse buildings, each over 37,000 SF, feature dock levelers and high power capacity, and 25' ceiling heights.
    • Asking price: $12,500,000 ($150.60/SF). APN: 0208700049.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Tooele
    County
    Tooele
    State
    Utah
    Longitude
    -112.3293166
    Latitude
    40.5371288

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    FAQs

    What type of property is this?
    Distribution property - 83,000 SF Warehouse, 54 Acres, Utah
    Where is this distribution property located?
    The property is located at 1188 Utah Ave Tooele, UT.
    What is the asking price?
    The asking price for this property is $12,500,000.
    What are key features of this property?
    This property features: 83,000 SF of industrial space in three single-story buildings on a 54.21-acre lot.; Located at 1188 W Utah Ave, Tooele, UT, with high visibility and easy freeway access.; Includes a 4,000 SF main office building with private offices and amenities.
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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
    1188 Utah Ave Tooele, UT 84074
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