1215 400th W Salt Lake City, UT 84101-3082
- Warehouses
- 10,218 SF
- 0.16 lot acres
Current Use by Public Records
- A.W. Fors Machine & Welding Shop Inc / Welder / Machine Shop
Property Details for 1215 400th W
- Year built
- 1975
- Construction
- STEEL FRAME
- Lot size
- 0.16 lot acres
- Property size
- 10,218 SF
- Zone code
- CG
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 15-12-382-001
- APU
- 1512382001
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salt Lake City
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.902
- Latitude
- 40.7424
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
