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Property profile & analytics
OFF-MARKET Estimated value $7,290,000
Distribution centers

354 John Glenn Rd Salt Lake City, UT 84116-4412

305,604 SF 15.92 ac lot Built 2014
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US86-0911159
Property summary
AI-generated overview

This exceptional warehouse space, part of the I-80 Logistics Center Building 2, offers 86,691 square feet of immediately available space for lease. Located in Salt Lake County, this property is part of a larger multi-tenant industrial building totaling 285,149 square feet. The building's strategic location provides excellent access to major transportation arteries, making it ideal for businesses requiring efficient logistics and distribution capabilities. The substantial square footage offers ample room for warehousing, storage, and various industrial operations. This is a prime opportunity for businesses seeking a significant footprint in a well-established industrial park. The available space is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Interested parties are encouraged to inquire promptly to secure this exceptional warehouse space. The property is classified as industrial, with a warehouse subtype, and is part of a multi-tenant building. The total building size is a substantial 285,149 square feet, with the available space representing a significant portion of that total. This presents a unique opportunity for a business seeking a large, well-located warehouse in Salt Lake County. The property's location within the I-80 Logistics Center further enhances its appeal, offering access to key transportation networks and supporting infrastructure.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2014
Total area 305,604 SF
Lot 15.92 ac (693,475 SF)
Zoning code M-1
APN 07-35-326-007
UPID US86-0911159
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.29M
Owner & transaction history
Westcore Alpha 1 80 LLC · 5 yrs held
Westcore Alpha 1 80 LLC
since 2021
3 recorded transactions
2024
Price N/A
2021
Price N/A
2017
Price N/A
Zoning & alternative use
M-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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