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Property profile & analytics
FOR LEASE
Distribution centers

485 Jimmy Doolittle Rd Salt Lake City, UT 84116

148,340 SF 9.42 ac lot Built 2021
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US86-0153661
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 485 Jimmy Doolittle Rd, Salt Lake City, UT 84116, offers 300,000 square feet of versatile space across multiple tenancy options. Built in 2022, the single building sits on a 9.42-acre lot and boasts a 32-foot ceiling height, ideal for various industrial and office uses. The property is zoned M-1 - Manufacturing and features 29 loading docks, 4 drive-ins, and 229 total parking spaces. Units range from a minimum of 300 square feet to a maximum contiguous space of 50,000 square feet, catering to businesses of all sizes. The property offers comprehensive amenities including 24/7 access, high-speed internet, package and mail handling, complimentary beverages, on-site management, CCTV security, and dedicated or shared loading docks. Forklift rentals are also available. Power specifications include 2,500 amps, 277-480 volts, and 3-phase power. The cross street is Harold Gatty Drive, and the APN is 07-36-151-003-0000. This property presents a unique opportunity for businesses seeking modern, flexible, and well-equipped industrial space in a prime Salt Lake City location. Currently, the entire 300,000 square feet is vacant.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2021
Total area 148,340 SF
Lot 9.42 ac (410,335 SF)
Zoning code M-1
APN 07-36-151-003
UPID US86-0153661
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
  • CUBEWORK Warehouse & Storage
  • 24/7 Crossdock Warehouse & Storage
  • Jumpolines Party Rentals Theater & Performing Art Venue Nightclub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.28M
Blend (final) Blend
$9.17M
Owner & transaction history
Doolittle LLC · 1 yrs held
Doolittle LLC
since 2025
7 recorded transactions
2025
Price N/A
2021
Price N/A
2020
Price N/A
2012
Price N/A
2009
Price N/A
2008
Price N/A
2005
Price N/A
Zoning & alternative use
M-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $15.2M +135.8%
Commercial (general) $12.7M +95.8%
Auto repair, garage $10.8M +66.4%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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