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Property profile & analytics
OFF-MARKET
Warehouses

2151 Warm Springs Rd Salt Lake City, UT 84116

9,548 SF 1.38 ac lot Built 1978
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 1978
Total area 9,548 SF
Lot 1.38 ac (60,113 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
Current use
Occupant on record · Public records
  • Apartment Laundry Service (Bike/Boat/Book/etc) Store
  • Mountain States Laundry Equipment (Bike/Boat/Book/etc) Store
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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