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    OFF-MARKET
    Land

    5220 West Ct, Salt Lake City, UT 84104

    4.06 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 4.06 ac (176,854 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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