Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2580 S Decker Lake Blvd West Valley City, UT 84119
    Back to Search
    Property profile & analytics

    2580 S Decker Lake Blvd, West Valley City, UT 84119

    View on Map
    • Distribution centers
    • 416,520 SF
    • 17.55 lot acres
    For Lease
    $8,210,000
    View Listing →
    West Valley City Warehouse Space For Lease
    $8,210,000
    32,956 SF

    West Valley City Warehouse Space

    32,956 SF warehouse with easy highway access for lease.

    2580 S Decker Lake Blvd, West Valley City, UT
    View Listing
    Property ID
    US86-0571929
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Distribution centers

    Property Details for 2580 S Decker Lake Blvd

    Year built
    1993
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    17.55 lot acres
    Zone code
    M
    Property type
    Distribution centers
    APN
    15-21-476-026
    APU
    1521476026

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 10, 2024 — G&i X Decker Lake Owner LLC — Deed · related $34M · Athene Annuity And Life Company
    Nov 3, 2022 — G&i X Decker Lake Owner LLC G&i X Decker Lake LLC Intrafamily Transfer · related $37.8M · Cre II Lender Sub I LLC
    May 16, 2022 — Bcs Real Estate LLC 2620 Decker Lake LLC Special Warranty Deed —
    Apr 4, 2022 — 2620 Decker Lake LLC Sandberg Investments LLC Quit Claim Deed · related —
    Dec 11, 2020 — 2620 Decker Lake LLC — Deed · related $20M · The Northern Trust Co
    Jun 11, 2020 — 2620 Decker Lake LLC Sandberg Investments LLC Quit Claim Deed · related —
    Jan 6, 2020 — Sandberg Investments LLC — Deed · related $18.8M · Northern Tr
    Jun 4, 2019 — 2620 Decker Lake LLC Spirit Ed Salt Lk City Ut LLC Grant Deed $17.5M · Northern Tr
    Jul 17, 2007 — Cole Ed Salt Lake City Ut LLC Fpro-101 LLC Special Warranty Deed $18M · Wachovia Bank NA
    May 30, 2003 — Fpro-134 LLC Cbrei 103fort 1 LLC Grant Deed · related —
    May 20, 2003 — Fpro-109 LLC Cbrei 1031 Fort 1 LLC Grant Deed · related —
    May 14, 2003 — Fpro 131 LLC Cbrei 1031 Fort 1 LLC Grant Deed · related —
    May 12, 2003 — Fpro-106 LLC Cbrei 1031 Fort 1 LLC Grant Deed · related —
    May 8, 2003 — Fpro 115 LLC Cbrei 1031 Fort 1 LLC Grant Deed · related —
    Apr 28, 2003 — Fpro-130 LLC Cbre1 10031 Fort 1 LLC Grant Deed · related —
    Apr 24, 2003 — Fpro-129llc Cbrei 103fort I LLC Grant Deed · related —
    Apr 21, 2003 — Fpro-125 LLC Cbrei 1031fort I LLC Grant Deed · related —
    Apr 16, 2003 — Fpro - 124 LLC Cbrei 103fort 1 LLC Grant Deed · related —
    Apr 10, 2003 — Fpro-128 LLC Cbrei 1031fort 1 LLC Grant Deed · related —
    Apr 2, 2003 — Fpro-127 LLC Cbrei 1031fort 1 LLC Grant Deed · related —
    Mar 28, 2003 — Fpro 126 LLC Cbrei 1031fort I LLC Grant Deed · related —
    Mar 18, 2003 — Fpro-122 LLC Cbrei 1031 Fort 1 Grant Deed · related —
    Mar 14, 2003 — Fpro-121 LLC Cbrei 1031fort 1 LLC Grant Deed · related —
    Mar 11, 2003 — Fpro -120 LLC Cbrei 1031fort 1 LLC Grant Deed · related —
    Mar 6, 2003 — Fpro-118 LLC Cbrei 1031fort 1 LLC Grant Deed · related —
    Mar 4, 2003 — Fpro-116 LLC Cbrei 1031 Fort 1llc Grant Deed · related —
    Feb 28, 2003 — Fpro-112 LLC Cbrei 1031 Fort 1 LLC Grant Deed · related —
    Feb 19, 2003 — Fpro-119 LLC Cbrei 1031fort 1 LLC Grant Deed · related —
    Feb 13, 2003 — Fpro-114 LLC Cbrei 1031 Fort I LLC Grant Deed · related —
    Feb 11, 2003 — Fpro-113 LLC Cbrei 1031 Fort I LLC Grant Deed · related —
    Feb 3, 2003 — Fpro III LLC Cbrei 1031 Fort I LLC Grant Deed · related —
    Dec 24, 2002 — Fpro-103 LLC Cbrei 1031fort 1 LLC Grant Deed · related —
    Dec 20, 2002 — Fpro 110 LLC Cbrie 1031fort I LLC Grant Deed · related —
    Dec 17, 2002 — Fpro-107 LLC Cbrei 1031 Fort 1 LLC Grant Deed · related —
    Dec 10, 2002 — Fpro-106 LLC Cbrei 1031 Fort 1 LLC Grant Deed · related —
    Sep 27, 2002 — Fpro-104 LLC Cbrei 1031fort 1 LLC Grant Deed · related —
    Sep 12, 2002 — Fpro-101 LLC Cbrei 103 1fort 1 LLC Grant Deed · related —
    Sep 5, 2002 — Fpro-102 LLC Cbrei 1031fort 1 LLC Grant Deed · related —
    Aug 17, 2001 — Eslc I LLC Franklin Development Corp Grant Deed $11.5M · Levine Investments LP
    — — Cbrei 1031 Forst 1 LLC — Deed Of Trust · related $46.2M · New York Life Insurance
    — — Sandberg Investments LLC — Loan Modification · related $18.8M · Northern Tr
    — — Spirit Ed Salt Lake City Ut Ll — Loan Modification · related $18M · Us Bank NA #2007-c33 (ce)
    — — Fpro-136 LLC — Deed Of Trust · related —
    — — Fpro-129 LLC — Deed Of Trust · related —
    — — Fpro-125 LLC — Deed Of Trust · related —
    — — Fpro-130 LLC — Deed Of Trust · related —
    — — Fpro-115 LLC — Deed Of Trust · related —
    — — Fpro-125 LLC — Deed Of Trust · related —
    — — Fpro-129 LLC — Deed Of Trust · related —
    — — Fpro-115 LLC — Deed Of Trust · related —
    — — Fpro-121 LLC — Deed Of Trust · related —
    — — Fpro-118 LLC — Deed Of Trust · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    West Valley City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.952
    Latitude
    40.7139
    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
    $417,972
    $6,456,800
    $28,761,600
    $35,218,400
    -
    $6,456,800
    $28,761,600
    $35,218,400

    Comparable in this City

    • Value Estimation
      $9,300,000
      367,365 SF

      2475 3200th W

      DISTRIBUTION WAREHOUSE
      2475 3200th W, West Valley City, UT 84119-1674
      View Details
    • Value Estimation by Request
      124,371 SF

      3125-3141 1030

      Distribution properties
      3125-3141 1030, South Salt Lake, UT 84119
      View Details
    • Value Estimation
      $8,055,000
      123,795 SF

      3005 1030th W

      DISTRIBUTION WAREHOUSE
      3005 1030th W, South Salt Lake, UT 84119-3355
      View Details
    • Value Estimation
      $2,735,000
      112,976 SF

      2910 900th W

      DISTRIBUTION WAREHOUSE
      2910 900th W, West Valley City, UT 84119
      View Details
    • Value Estimation
      $6,750,000
      104,950 SF

      2323 3600th W

      DISTRIBUTION WAREHOUSE
      2323 3600th W, West Valley City, UT 84119-1125
      View Details
    • Value Estimation
      $8,185,000
      325,800 SF

      2607 3200th W

      DISTRIBUTION WAREHOUSE
      2607 3200th W, West Valley City, UT 84119-5249
      View Details

    Similar Nearby for Sale

    • $2,200,000
      0.52 Acres

      West Valley City Commercial Property

      Commercial property in West Valley City industrial area for sale.
      2170 S 3600 W, West Valley City, UT 84119
      View Details
    • Contact for pricing
      12,760 SF

      West Valley Manufacturing Building For Sale

      12,760 SF manufacturing building with office space and dock.
      3311 Parkway Blvd, West Valley City, UT 84119
      View Details
    • Contact for pricing
      7,853 SF

      West Valley Flex Building

      19,548 SF flex building with leasing opportunities.
      1515 W 2200 S, West Valley City, UT 84119
      View Details
    • $44,400
      0.10 Acres

      Established Boutique Business For Sale

      Turn-key boutique business opportunity in a high-traffic West Valley location.
      3601 S 2700 W, West Valley City, UT 84119
      View Details
    • Contact for pricing
      Pending

      Drive-Thru Retail Opportunity

      High-visibility retail space with drive-thru in prime location.
      3601 South Brg West, Salt Lake City, UT 84119
      View Details
    • $399,900
      1,092 SF

      West Valley City Duplex For Sale

      Duplex with remodeled unit and income potential in West Valley.
      1461 W Sunset Ave, West Valley City, UT 84119
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,120 SF

      Warehouse Near TRAX Stop

      Warehouse in Metro Business Park II, near TRAX and airport.
      1288 W 2240 S, Salt Lake City, UT 84119
      View Details
    • Contact for pricing
      128,966 SF

      West Valley City Industrial Facility

      128,966 SF industrial facility on 32.38 acres for lease.
      2410 S Constitution Blvd, West Valley City, UT 84119
      View Details
    • Contact for pricing
      17,280 SF

      Central Valley Industrial Warehouse Space

      Conveniently located warehouse space in the Central Valley Industrial Park.
      3141 South Brg West, Salt Lake City, UT 84119
      View Details
    • Contact for pricing
      46,800 SF

      South Salt Lake Warehouse Space

      Warehouse space with easy access to major transportation routes.
      989-999 West South Brg South, South Salt Lake, UT 84119
      View Details
    • $0.95 SF/Yr

      Salt Lake City Warehouse Space

      Warehouse space available with easy freeway access and dock door.
      647 W Billinis Rd, Salt Lake City, UT 84119
      View Details
    • Contact for pricing
      60,975 SF

      West Valley City Warehouse Space

      60,975 SF warehouse with 116 dock-high loading positions.
      2245 S Arnold Way, West Valley City, UT 84119
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2580 S Decker Lake Blvd
    West Valley City, UT 84119
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2580 S Decker Lake Blvd, West Valley City, UT, 84119
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!