1121 Utah Ave Tooele, UT 84074
This exceptional investment opportunity presents a nearly shovel-ready flex-space project in Tooele, Utah. Located at 1121 W UTAH AVE, 84074, this 3.1-acre site boasts a fully designed plan for a 34,000 square foot warehouse complex. The project encompasses 21 individual units, ranging in size from 1,000 to 3,000 square feet, distributed across six separate buildings. This offers significant flexibility for various business needs, from small startups to larger enterprises. The City of Tooele has enthusiastically endorsed this project and has committed to providing water for the buildout, streamlining the development process. Comprehensive architectural plans and geotechnical reports are available upon request, ensuring a transparent and informed investment decision. The property's strategic location near the Ninigret Peterson Industrial Depot provides excellent access to transportation networks and other industrial facilities. This is a rare opportunity to acquire a fully designed, nearly shovel-ready industrial development in a thriving Utah market. The asking price is $800,000. Don't miss this chance to capitalize on this exceptional investment.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.