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Property profile & analytics
FOR LEASE
Warehouses

1890 S 3850 W Salt Lake City, UT 84104

70,620 SF 2.83 ac lot Built 1998
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US86-0616991
Property summary
AI-generated overview

This exceptional Salt Lake City property offers 57,330 square feet of versatile commercial space, ideal for a variety of businesses. The building, constructed in 1998 and extensively renovated in 2020, features a blend of office, manufacturing, and flex space, making it highly adaptable. The property boasts a minimum divisible space of 13,411 square feet, with a maximum contiguous space of 20,889 square feet currently vacant. This significant area is complemented by 7,478 square feet of dedicated meeting space (Suite 285) and an additional 450 square feet of office space (Suite F). Suite 290 offers 13,411 square feet of ready-to-occupy office area. The two-story building features 11-foot ceilings and ample parking with 160 spaces, secured by a gated entrance. Modern amenities include a hydraulic elevator, a reception/waiting area, a large break room, three conference rooms, and private offices. The building's electrical capacity is substantial, at 2600A 480V 3PH. Located in Salt Lake County's Central Valley submarket, this property offers convenient access to major transportation arteries, including I-80 and I-215, and is just 10 minutes from Salt Lake City International Airport and downtown Salt Lake City. The property sits on 3.08 acres of land. This is a rare opportunity to acquire a well-maintained, multi-use property in a prime Salt Lake City location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1998
Total area 70,620 SF
Lot 2.83 ac (123,275 SF)
Zoning code M-1
APN 15-17-300-056
UPID US86-0616991
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
  • Western Spiral Pipe & Fittings Production Facility Metal Fabrication Plant
  • Groundworks Recording Recording Studio
  • Sport Endurance, Inc Industrial Manufacturer Production Facility
  • space paste Coworking & Hybrid Office
  • Construction News, Media and Marketing Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.55M
Blend (final) Blend
$1.54M
Owner & transaction history
Joseph Bruce Montrone · 1 yrs held
Joseph Bruce Montrone
since 2024
1 recorded transaction
2024
Price N/A
Zoning & alternative use
M-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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