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    50 Redwood Rd Salt Lake City, UT 84116-3157
    Property profile & analytics

    50 Redwood Rd Salt Lake City, UT 84116-3157


    • Auto shops
    • 27,783 SF
    • 14.48 lot acres
    Secured Commercial Property for Lease For Lease
    $1,895,000
    35,985 SF

    Secured Commercial Property for Lease

    Large, secured commercial property with diverse structures and ample parking.

    50 S Redwood Rd, Salt Lake City, UT 84116
    View Listing
    Property ID
    US86-0251244
    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
    $1,895,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Diamond Self Storage / Storage Facility
    • 50 S Redwood Rd Parking / Parking Lot & Garage
    • Diamond Parking Services / Parking Lot & Garage
    • Uhaul / Car Rental Facility

    Property Details for 50 Redwood Rd

    Year built
    1954
    Construction
    STEEL FRAME
    Lot size
    14.48 lot acres
    Property size
    27,783 SF
    Zone code
    TSAMUE
    Property type
    Auto shops
    APN
    15-03-126-008
    APU
    1503126008

    Description

    This exceptional Salt Lake City industrial property, situated on a substantial 14.48-acre fenced and secured lot, presents a unique investment opportunity. The property boasts a diverse range of improvements, including an 18,887 square foot canopy, a 35,985 square foot dry storage warehouse, and significant office and canopy space totaling 9,520 square feet. Additional structures include a 1,795 square foot car wash and a 696 square foot detail shop. The site also offers approximately 3,000 parking stalls, adding significant potential for various uses. Built in 1954 with renovations completed in 1997, the property features 16-foot ceilings and benefits from readily available power capabilities within the yard. Its strategic location in the highly desirable Power District provides quick access to major freeways including I-15, I-215, I-80, and Redwood Road. The TSA-MUEC-T (Transit Station-Mixed Use Employment Center) zoning allows for a wide array of development possibilities. This single-tenant property offers a rare combination of size, functionality, and location, making it an ideal asset for a variety of industrial and commercial uses. The property is located at 50 S Redwood Rd, Salt Lake City, UT 84116.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $1,570,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,216,000
      Market price range: $1.29M - $2.77M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $2,015,000
      Current use
      RETAIL STORES
      $2,855,000
      Change: +42% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $2,370,000
      Change: +18% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.941
    Latitude
    40.7682
    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
    2023
    $104,839
    $6,365,500
    $4,239,300
    $10,604,800
    -
    $6,365,500
    $4,239,300
    $10,604,800
    View Listing
    More about this property
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