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    Property profile & analytics
    OFF-MARKET
    Retail space

    2354 State St, South Salt Lake, UT 84115-2755

    10,000 SF 0.13 ac lot Built 2005
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US86-0516879
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2005
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 10,000 SF
    Lot 0.13 ac (5,663 SF)
    Zoning code ZBUSA
    APN 16-19-153-009
    UPID US86-0516879
    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
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Evergen Equity 18 LP · 2 yrs held
    Evergen Equity 18 LP
    since 2024
    3 recorded transactions
    2024
    2006
    2002
    Zoning & alternative use
    ZBUSA · South Salt Lake, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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