5220 West Ct, Salt Lake City, UT 84104
This exceptional 4.06-acre land parcel presents a compelling investment opportunity in Salt Lake City, Utah. Located at 5220 West 700 South, this property boasts an M1 (light industrial) zoning designation, ideal for a variety of commercial and industrial uses. The site comprises two parcels, APN 1401300008 and 1401300010, totaling 4.06 acres (1.5 acres and 2.56 acres). Situated in a designated opportunity zone, this land offers significant potential for future development and appreciation. The asking price is $5,500,000. Estimated property taxes for 2024 are $25,771. Benefit from convenient access to I-80, ensuring seamless transportation and logistics. This property is perfect for businesses seeking a strategic location with excellent accessibility and growth potential within a thriving industrial sector. The site's size and zoning make it suitable for a range of industrial outdoor storage or other light industrial uses. This is a rare opportunity to acquire a substantial land holding in a desirable Salt Lake City location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.