2151 Warm Springs Rd Salt Lake City, UT 84116
This exceptional Salt Lake City investment opportunity presents a 9,548-square-foot duplex warehouse property situated on a 1.38-acre lot. The property, built in 1978 and zoned M-1, consists of two units, each offering unique features. The asking price is $2,300,000, translating to $240.89 per square foot and $1,150,000 per unit. The south building is a two-story structure, incorporating office space and a one-bedroom apartment, which has rental potential. The north building functions as a warehouse with an upfront office area. The property boasts three dock-high doors and one loading dock, enhancing its functionality for industrial use. This prime location in Salt Lake City, Utah (zip code 84116), offers significant potential for investors seeking a multi-unit industrial property with added land parcels. The property's Class C designation reflects its potential for renovation and value enhancement. This is a rare opportunity to acquire a well-positioned duplex warehouse with significant upside potential in a thriving market. The property's existing configuration, including the separate apartment, provides flexibility for various income-generating strategies.
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Apartment Laundry Service (Bike/Boat/Book/etc) Store
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Mountain States Laundry Equipment (Bike/Boat/Book/etc) Store
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
Similar Nearby for Sale
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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.