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    Property profile & analytics
    OFF-MARKET Estimated value $535,000
    Manufacturing properties

    60 Bowers Way, South Salt Lake, UT 84115-2607

    10,560 SF 0.6 ac lot Built 1961
    Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US86-0146312
    Property summary
    AI-generated overview

    This exceptional 10,240-square-foot industrial property, located at 60 W Bowers Way in South Salt Lake, Utah, 84115, presents a unique opportunity. The single-tenant building, constructed in 1961 and renovated in 2015, boasts a Class B rating and sits on a 0.6-acre lot. The structure is a single-story building with one loading dock and one drive-in door, providing convenient access for loading and unloading. The property is currently configured for manufacturing, warehousing, distribution, research and development, and refrigerated/cold storage uses. While previously used for meat processing, the existing cold storage infrastructure can be removed to suit a tenant's specific needs. The property features a fenced yard, enhancing security and providing ample outdoor space. This stand-alone building is immediately available for a short-term lease (up to two years) at an "as-is" rate. Ideal for businesses seeking a versatile and well-located industrial space in South Salt Lake. The property's convenient location offers easy access to major transportation routes, making it an attractive option for businesses needing efficient logistics. This is a rare opportunity to secure a functional and adaptable industrial space in a desirable location.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1961
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 10,560 SF
    Lot 0.6 ac (26,136 SF)
    Zoning code DT
    APN 15-24-236-003
    UPID US86-0146312
    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
    $495k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $577k
    Blend (final) Blend
    $535k
    Owner & transaction history
    Pg Investments 2 Lc · 3 yrs held
    Pg Investments 2 Lc
    since 2022
    7 recorded transactions
    2022
    2020
    2018
    2018
    2018
    2017
    2016
    Zoning & alternative use
    DT · South Salt Lake, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $880,000 +54.5%
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