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Property profile

6802 Old Bingham Hwy South Jordan, UT 84095

OFF-MARKET
Refrigerated & Cold Storage
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3,937,544 SF 237 ac lot Built 2023

Property summary

AI-generated overview

111 Commerce Center offers 3,937,544 square feet of Class A industrial space in West Jordan, Utah, across sixteen single-story buildings on a 237-acre site. This master-planned park features flexible spaces ranging from 94,000 to 356,160 contiguous square feet, ideal for various industrial uses including advanced manufacturing, bio-science, medical device production, warehousing, and distribution. Built in 2023, the buildings boast 36-foot ceiling heights and are zoned M-1. The park's strategic location provides unparalleled access to a substantial workforce of over 370,000 employees, with strong proximity to Salt Lake City's robust manufacturing sector (over 2,600 companies generating $29 billion in annual sales). Its advantageous position near key suppliers like Hexel Carbon Fiber and Rio Tinto Corporation, coupled with convenient rail access, streamlines supply chain operations. Furthermore, the park's mid-valley location offers efficient access to major population centers while bypassing the I-15 Point of the Mountain traffic congestion. This prime location, combined with the modern facilities, makes 111 Commerce Center an exceptional opportunity for businesses seeking a strategic industrial presence in the Wasatch Front. The APN is 2610400004.

Property profile

Verified
Property type Refrigerated & Cold Storage
Year built 2023
Total area 3,937,544 SF
Lot 237 ac (10,323,720 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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