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Property profile & analytics
OFF-MARKET Estimated value $2,740,000
Distribution centers

1414 Gladiola St Salt Lake City, UT 84104-4589

99,364 SF 4.98 ac lot Built 2000
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US86-1495789
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 1414 Gladiola St, Salt Lake City, UT 84104, offers 20,012 square feet of versatile space ideal for manufacturing, warehousing, or distribution. The single-tenant building, constructed in 2000, comprises four buildings with a single story and boasts a remarkable 28-foot clear ceiling height. The property features ample loading capabilities with sixteen loading docks – six drive-ins and ten dock-high doors. Four of the dock-high doors are equipped with bumpers, seals, and levelers, while one is unequipped, and two have bumpers. Additionally, there's a convenient 12' x 14' ground-level door. Parking is abundant with 121 total spaces available. The building is equipped with a robust 225 amp, 480/277 volt, 3-phase power system and is ESFR sprinklered for enhanced safety. Energy-efficient high bay lighting with motion sensors in the warehouse contributes to operational cost savings. The property is zoned M-1 and its APN is 15172010130000. The building includes 3,486 square feet of office space and 16,526 square feet of warehouse space. Its prime location offers convenient access to Salt Lake City International Airport and the Salt Lake City Intermodal Hub. This property presents a unique opportunity for businesses seeking a high-quality, well-equipped industrial space in a strategic location.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2000
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 99,364 SF
Lot 4.98 ac (216,929 SF)
Zoning code M-1
APN 15-17-201-013
UPID US86-1495789
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
Current use
Occupant on record · Public records
  • Normet Americas Inc Industrial Park Production Facility
  • RBDC Ut (Red Bull Distribution Center) Distribution Center Logistics Company
  • Red Bull Distribution Center Big Box & Wholesale Store Distribution Center
  • AMC Building Materials LLC Hardware & Home Improvement Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.74M
Owner & transaction history
B9 Rice Gladiola LLC · 1 yrs held
B9 Rice Gladiola LLC
since 2024
7 recorded transactions
2024
Price N/A
2021
Price N/A
2021
Price N/A
2020
Price N/A
2010
Price N/A
2005
Price N/A
1969
Price N/A
Zoning & alternative use
M-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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