Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Big Box & Wholesale Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
ZBUSA · South Salt Lake, UTZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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