Property profile

5124 W Old Bingham Hwy West Jordan, UT 84081

FOR LEASE
Distribution centers
Property ID
US86-0408038
216,141 SF 19.7 ac lot
Entity Owned 4-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is an industrial facility containing 41,799 square feet of building space, with the layout designed to be divisible to approximately 16,720 square feet, and includes provisions for build-to-suit office areas. Key structural and clearance features include 32-foot clear height, a 148-foot, 8-inch building depth, and column spacing configured at 56 feet by 44 feet 4 inches, supported by a 60-foot speed bay. Loading is served by 12 dock-high doors sized 9 feet by 10 feet, including four dock-high doors with bumpers, seals, and mechanical levelers, as well as two ground-level loading doors sized 14 feet by 16 feet. The site includes a truck court with approximately 200 feet of depth, an electrical service rated at 2,100A for 277/480V 3-phase 4-wire service, six glass storefronts, and parking for 143 automobiles. The interior concrete slab is reinforced to a 6-inch thickness.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Total area 216,141 SF
Lot 19.7 ac (858,132 SF)
Zoning code M-1
APN 26-12-201-001
UPID US86-0408038

Cap rate & NOI

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

Location

5124 W Old Bingham Hwy West Jordan, UT 84081
West Jordan metro Census 115211 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$14.14M
Blend (final) Blend
$14.34M

Owner & transaction history

since 2021
2 recorded transactions
2022
Price N/A
2021
Price N/A

Zoning & alternative use

M-1 · West Jordan, UT
Zoning description

RV storage businesses fall under the land use category of Self-Service Storage Warehouse defined in §13-2-3 of the West Jordan City Code. Self-Service Storage Warehouse uses are allowed only on irregular lots within the…

General category INDUSTRIAL
Top alternative use upside
Restaurant $23.5M +78.0%
Auto repair, garage $18.2M +38.2%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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