Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    162-204 Cottage Ave, Sandy, UT 84070 Sandy, UT 84070
    Back to Search
    Property profile & analytics

    162-204 Cottage Ave, Sandy, UT 84070 Sandy, UT 84070

    View on Map
    • Industrial properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 162-204 Cottage Ave, Sandy, UT 84070

    Year built
    1997
    Property type
    Industrial properties

    Description

    Industrial space for lease. Suite 8724 is the mailing address for until. There are 4 different addresses within the building. Contact broker for additional details. Family Animal Services is currently occupying suite 8720. Good traffic area. Listed rate may not include certain utilities, building services and property expenses Includes 400 SF of dedicated office space

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    State
    Utah
    Longitude
    -111.898
    Latitude
    40.5923

    Comparable in this City

    • Value Estimation by Request
      7,328 SF

      Harrison St

      Distribution properties • 7,328 SF
      0 Harrison St, Sandy, UT 84070
      View Details
    • Value Estimation by Request
      0.26 Acres

      8387 Allen St

      INDUSTRIAL (GENERAL) • 0.26 Acres
      8387 Allen St, Sandy, UT 84070-6427
      View Details
    • Value Estimation by Request
      0.19 Acres

      8640 Monroe St

      INDUSTRIAL (GENERAL) • 0.19 Acres
      8640 Monroe St, Sandy, UT 84070-1455
      View Details
    • Value Estimation
      $635,000
      12,058 SF

      8510 Sandy Pkwy

      INDUSTRIAL (GENERAL) • 12,058 SF
      8510 Sandy Pkwy, Sandy, UT 84070-6422
      View Details
    • Value Estimation
      $1,055,000
      12,288 SF

      9198 300th W

      INDUSTRIAL (GENERAL) • 12,288 SF
      9198 300th W, Sandy, UT 84070-2643
      View Details
    • Value Estimation
      $620,000
      8,500 SF

      9487 500th W

      INDUSTRIAL (GENERAL) • 8,500 SF
      9487 500th W, Sandy, UT 84070-6507
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      98,820 SF

      Sandy Utah Industrial Investment Opportunity

      Newly constructed Class A industrial facility near I-15 in Sandy.
      565 Parkland Dr, Sandy, UT 84070
      View Details
    • Contact for pricing

      Riverside Drive Investment Opportunity

      Two-story mixed-use property with complete interior renovation and parking.
      9075 S Riverside Dr W, Sandy, UT 84070
      View Details
    • $2,749,000
      1.17 Acres

      Shovel Ready Entitled Commercial Land

      1.17 acres of commercial land with fully entitled plans.
      8475 S State St, Sandy, UT 84070
      View Details
    • $4,999,825

      Versatile Industrial Building Near I-15

      Industrial building with warehouse and office space, near I-15.
      649 West 9400 South, Sandy, UT 84070
      View Details
    • Contact for pricing
      5,000 SF

      Sandy Industrial Property with Storage

      5,000 SF industrial space with office and covered storage.
      8665 S Harrison St, Sandy, UT 84070
      View Details
    • $255,000
      1,075 SF

      Office Unit For Sale

      Office unit with 1,075 square feet of space.
      9137 Monroe St, Sandy, UT 84070
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Sandy Industrial/Office Property For Lease

      Versatile industrial/office space in Sandy, Utah, divisible to 50,000 RSF.
      8475 Sandy Pkwy, Sandy, UT 84070
      View Details
    • $16 SF/Yr
      23,255 SF

      Sandy Industrial Manufacturing Space

      23,255 SF Single-Tenant Industrial Building in Sandy, UT
      649 9400, Sandy, UT 84070
      View Details
    • Contact for pricing

      I-15 Frontage Flex Space

      3,120 SF flex space with I-15 frontage available for lease.
      9070 S 300 W, Sandy, UT 84070
      View Details
    • $26 SF/Yr

      Retail & Warehouse Space Available

      Versatile retail and warehouse space in a prime location.
      10763 S State St, Sandy, UT 84070
      View Details
    • $700 /Mo

      Prime Retail/Warehouse Space on 700

      Versatile retail/warehouse space with excellent visibility and convenient access.
      8734 South East, Sandy, UT 84070
      View Details
    • Contact for pricing

      Flex Space with Warehouse

      Flex building with warehouse space available for lease assumption.
      495 W 9400 S, Sandy, UT 84070
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    162-204 Cottage Ave, Sandy, UT 84070
    Sandy, UT 84070
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    162-204 Cottage Ave, Sandy, UT 84070, Sandy, UT, 84070
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!