2354 State St, South Salt Lake, UT 84115-2755
This exceptional industrial investment opportunity encompasses two warehouse buildings totaling 31,500 square feet situated on a 1.75-acre lot in South Salt Lake, Utah. Located at 2354 S State St, Salt Lake City, UT 84115, this property presents a compelling investment prospect with a list price of $8,000,000. The asking price translates to $254 per square foot, reflecting strong value in the current market. The property's classification as an industrial warehouse makes it suitable for a variety of uses, catering to businesses requiring substantial storage and operational space. Its strategic location within Salt Lake City offers convenient access to major transportation arteries, enhancing logistical efficiency for potential occupants. The substantial lot size provides ample room for expansion or future development, adding further appeal to this investment. Detailed financial information and property specifics are available upon request. This is a rare opportunity to acquire a well-positioned, sizable warehouse property in a thriving Utah market. Serious inquiries only.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
ZBUSA · South Salt Lake, UTSouth Salt Lake. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.