Property profile

437 3300th S South Salt Lake, UT 84115

OFF-MARKET
Warehouses
Property ID
US86-0355408
8,000 SF 0.69 ac lot Built 1974
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property presents a lucrative investment opportunity in the thriving Salt Lake City market. Located at 437 E 3300 S, South Salt Lake, UT 84115, this property boasts a total of 9,200 square feet spread across two buildings on a 0.43-acre lot. The asking price is $1,890,000, translating to $205.43 per square foot. The property is zoned CC and features a mix of retail and office space, including storefront and creative office subtypes, making it suitable for a variety of uses. The West building comprises 4,000 square feet, divided into three separately metered units, currently occupied on a month-to-month basis. The East building offers 5,200 square feet, including 2,200 square feet of retail/showroom space and 3,000 square feet of warehouse space, complete with two grade-level doors. This building is currently vacant. Additional features include a large signage opportunity and a billboard generating $2,600 annually, with no right of first refusal. This property offers significant potential for income generation and appreciation in a dynamic and growing area. The one-story buildings provide easy access and functionality. This is a rare opportunity to acquire a versatile commercial property in a prime Salt Lake City location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1974
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,000 SF
Lot 0.69 ac (30,056 SF)
Zoning code ZBUS-A
APN 16-30-408-005
UPID US86-0355408

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing Store

Location

437 3300th S South Salt Lake, UT 84115-4112
South Salt Lake metro Census 111702 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$480k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2014
Price N/A
2013
Price N/A
2005
Price N/A

Zoning & alternative use

ZBUS-A · South Salt Lake, UT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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