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    5400 Redwood Rd Taylorsville, UT 84123
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    Property profile & analytics

    5400 Redwood Rd Taylorsville, UT 84123

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    • Neighborhood centers
    • 684,550 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • HOTWORX - Taylorsville, UT - Crossroads / Gym & Fitness Center
    • Crossroads of Taylorsville / Business Service Center / Corporate Office
    • Bravo Portable Toilets Taylorsville / Building Supply

    Property Details for 5400 Redwood Rd

    Property size
    684,550 SF
    Property type
    Neighborhood centers
    Property subtype
    Retail properties & Spaces

    Description

    Crossroads of Taylorsville presents a prime retail investment opportunity in the thriving Taylorsville, Utah market. This multi-tenant strip center boasts a total of 684,550 square feet of retail space, offering exceptional flexibility for businesses of various sizes. Currently, there are several spaces available, ranging from a minimum of 800 square feet to a maximum contiguous space of 14,124 square feet, providing options for both smaller boutiques and larger retailers. The property is strategically located at 5400 S Redwood Rd, Taylorsville, UT 84123, in Salt Lake County, ensuring high visibility and accessibility for customers. With a significant amount of vacant space totaling 34,457 square feet, this presents a unique chance to establish or expand your business in a bustling commercial area. The property's prime location and substantial square footage make it an ideal choice for businesses seeking a strong presence in a high-traffic retail environment. The Crossroads of Taylorsville offers a compelling opportunity to capitalize on the robust commercial activity in this desirable Utah location. Contact us today to learn more about the available spaces and lease terms.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Taylorsville
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.94
    Latitude
    40.653

    Comparable in this City

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      2,400 SF

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    • Value Estimation by Request
      7,920 SF

      4095 Redwood Rd

      SHOPPING CENTER, STRIP CENTER • 7,920 SF
      4095 Redwood Rd, Salt Lake City, UT 84123-1131
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    • Value Estimation by Request
      5,357 SF

      1651 4800th S

      SHOPPING CENTER, STRIP CENTER • 5,357 SF
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    • Value Estimation
      $755,000
      16,012 SF

      4546 Atherton Dr

      SHOPPING CENTER, STRIP CENTER • 16,012 SF
      4546 Atherton Dr, Salt Lake City, UT 84123-6967
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    • Value Estimation
      $660,000
      17,421 SF

      545 3900th S

      SHOPPING CENTER, STRIP CENTER • 17,421 SF
      545 3900th S, Salt Lake City, UT 84123-1345
      View Details
    • Value Estimation
      $690,000
      15,110 SF

      625 5300th S

      SHOPPING CENTER, STRIP CENTER • 15,110 SF
      625 5300th S, Salt Lake City, UT 84123-5631
      View Details

    Similar Nearby for Sale

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      14,461 SF

      Walgreens Pharmacy Investment Opportunity

      High-traffic location with a strong-performing Walgreens pharmacy.
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    • $895,000
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      Approved Mixed-Use Development Opportunity

      Fully approved mixed-use development with residential and commercial units.
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    • $4,350,000

      Unique Building Design on Redwood

      Located on Redwood Road with high traffic and freeway access.
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    • $2,500,000

      Prime Commercial Land Opportunity

      Commercial land for sale in a high-visibility Taylorsville location.
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    • $6,800,000
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      Medical Office Building Near Interstate-15

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    Similar Nearby for Lease

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      High-Visibility Retail Space in Taylorsville

      Renovated shopping center with high traffic and easy access.
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      1,494 SF

      Retail Space in Busy Center

      Retail space available in high-traffic shopping center.
      5630-5646 S Redwood Rd, Salt Lake City, UT 84123
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      40,057 SF

      Retail Space in High-Traffic Center

      Prime retail opportunity in a busy, anchored shopping center.
      5786-5800 S Redwood Rd, Salt Lake City, UT 84123
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    • Contact for pricing
      1,200 SF

      Retail Space in Walmart Center

      Retail space available in a Walmart-anchored shopping center.
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      Retail Space in Busy Center

      Retail space available in a high-traffic shopping center.
      5670-5752 S Redwood Rd, Salt Lake City, UT 84123
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    • Contact for pricing
      810 SF

      Retail Space in Busy Center

      Retail space available in a high-traffic shopping center.
      5470-5478 S Redwood Rd, Salt Lake City, UT 84123
      View Details
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    Taylorsville, UT 84123
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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    5400 Redwood Rd, Taylorsville, UT, 84123
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