Property profile

14884 Heritagecrest Way Ste A Bluffdale, UT 84065

OFF-MARKET
Warehouses
Property ID
US86-0201849
4,730 SF 0.01 ac lot Built 1999
Entity Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 5,760-square-foot mixed-use condo in Bluffdale, Utah, presents a unique investment opportunity. Built in 1999 and renovated in 2005, this two-story building features 3,904 square feet of office space and 1,856 square feet of heated warehouse/industrial space. The office area boasts seven private offices, two large open-concept areas with cubicles, a spacious conference room with kitchenette, a full kitchen, and multiple bathrooms, including a shower. A new roof and modern security system enhance the property's value. The warehouse area offers high ceilings, a large bay door, a skylight, a sink, and an electric door opener. The property includes 9 parking spaces and is conveniently located with easy freeway access. Zoned for Condo Industrial use, this property sits on a 0.01-acre lot. The current lease, a net lease with a single tenant, expires July 31, 2025, offering a remaining term of approximately 0.7 years. A potential exists for the tenant to vacate upon settlement. The asking price is $1,180,000 ($204.86 per square foot). Square footage and taxes are approximate; buyers should conduct independent verification. This property offers a blend of modern office amenities and functional industrial space, ideal for a variety of businesses. The location provides excellent access to major transportation routes.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1999
Total area 4,730 SF
Lot 0.01 ac (436 SF)
Zoning code I-1
APN 33-11-479-006
UPID US86-0201849

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

14884 Heritagecrest Way Ste A Bluffdale, UT 84065-4840
Bluffdale metro Census 112827 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$445k

Owner & transaction history

since 2012
6 recorded transactions
2014
Price N/A
2012
Price N/A
2011
$230,000
2003
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-1 · Bluffdale, UT
Zoning description

wo (2) prominently visible sides of the building, preferably front and back. (Ord. 2018-24, 9-26-2018) HISTORY Amended by Ord. 2018-24 on 9/26/2018 Amended by Ord. 2023-17 on 8/23/2023 11.100 INDUSTRIAL ZONES 11.100.010…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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