Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

23 900 Salt Lake City, UT 84116

  • Warehouses
  • 10,652 SF
  • 0.45 lot acres
For Lease
Last Sale
Sep 08, 2021
Value Estimations
$625,000
Cap Rate Potential
Location Intelligence
Property ID
US86-0328158
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lole Bowls / Restaurant
  • Lazysunday / Pasta Shop
  • Tealicious / Soft Drinks Shop / Bagel Shop
  • Rock Creek Pizza Co. / Restaurant / Pizza Restaurant
  • Poplar Grove Provisions / Restaurant

Property Details for 23 900

Year built
1975
Lot size
0.45 lot acres
Property size
10,652 SF
Zone code
CG
Property type
Warehouses
APN
08-35-456-046
APU
835456046

Description

This exceptional 250-square-foot commercial kitchen space in Salt Lake County, Utah, presents a unique opportunity for food entrepreneurs. Classified as a Class B property, this single-tenant retail space is perfectly suited for a ghost kitchen operation. Designed as a turnkey solution, it allows for rapid business expansion with significantly reduced investment compared to traditional restaurant setups. The kitchen is strategically located within a high-demand delivery zone, maximizing potential for order volume. Equipped with order management tablets, the space streamlines operations and enhances efficiency. Ideal for startups, personal chefs, caterers, food trucks, single-location operators, or national chains seeking expansion, this ghost kitchen offers a low-risk, high-return entry point into the thriving food delivery market. The property's design minimizes staffing needs, making it an attractive option for businesses seeking cost-effective growth. Begin operations within weeks, leveraging the existing infrastructure to focus on menu development and customer acquisition. This is an unparalleled opportunity to establish a successful food business with minimal upfront capital expenditure.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $550,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $695,000
    Market price range: $168k - $780k
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $465,000
    Current use
    COMMERCIAL (GENERAL)
    $910,000
    Change: +96% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $770,000
    Change: +66% Conversion: Easy
    NEIGHBORHOOD: SHOPPING CENTER
    $510,000
    Change: +10% Conversion: Moderate
    OFFICE BUILDING
    $460,000
    Change: -1% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Salt Lake City
County
Salt Lake
State
Utah
Longitude
-111.917
Latitude
40.7701
CBSA code
41620
CBSA name
SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$25,318
$529,300
$2,127,600
$2,656,900
-
$529,300
$2,127,600
$2,656,900
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message