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Property profile & analytics
OFF-MARKET Estimated value $1,435,000
Warehouses

1032 2610th S South Salt Lake, UT 84119-2434

40,000 SF 1.49 ac lot Built 1974
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US86-0581700
Property summary
AI-generated overview

This exceptional 20,000-square-foot warehouse in South Salt Lake City, Utah, is available for sublease. Located at 1032 W 2610 S, Salt Lake City, UT 84119, this single-tenant industrial space offers a spacious layout perfect for various business needs. The warehouse boasts a 20-foot ceiling height, providing ample vertical storage capacity. Three dock-high doors (two with edge levelers) and one 10' x 12' ramped roll-up door ensure efficient loading and unloading. The property includes 1,500 square feet of office space, supplementing the 18,500 square feet of warehouse space. Power is supplied by a robust 3-phase, 240V, 225-amp system. The warehouse is equipped with gas forced heat and energy-efficient sensor LED lighting. The sublease term extends through May 2034, with a net-net-net (NNN) lease rate of $0.95 per square foot. This property presents a unique opportunity to secure a well-appointed warehouse in a prime Salt Lake County location. The property is situated in Salt Lake County and offers easy access to major transportation routes, making it an ideal location for businesses requiring efficient logistics. This fully functional warehouse is ready for immediate occupancy.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1974
Total area 40,000 SF
Lot 1.49 ac (64,904 SF)
Zoning code LI
APN 15-23-328-017
UPID US86-0581700
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.73M
Blend (final) Blend
$1.44M
Owner & transaction history
Independent Warehouse Alliance LLC · 5 yrs held
Independent Warehouse Alliance LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
LI · South Salt Lake, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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