1215 400th W, Salt Lake City, UT 84101-3082
This exceptional 0.8-acre development site in Salt Lake City's Opportunity Zone presents a compelling investment opportunity. Priced at $5,000,000 ($143 PSF), the property boasts a prime hard corner location at 1215 S 400 W and 1300 S 390 W, offering excellent visibility and accessibility. The site includes three buildings totaling 12,634 square feet, with one building currently leased month-to-month. The property benefits from high traffic counts on I-15, 1300 South, and 300 West, with easy access to major interstates. Existing features include billboard and pylon signage potential, an air compressor, radiant heating, and 3-phase/480 & single-phase/220 power. Zoned CG, this site is ideal for redevelopment or expansion, leveraging its strategic location and Opportunity Zone designation. The property's existing buildings provide immediate income potential while offering significant upside for future development. This is a rare chance to acquire a well-positioned multi-tenant industrial property in a thriving Salt Lake City market.
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A.W. Fors Machine & Welding Shop Inc Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CG · Salt Lake City, UTSalt Lake City. Always verify with local authorities before improvements.
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.