Property profile

6955 S 400 W Midvale, UT 84047

FOR LEASE
Auto shops
Property ID
US86-0278273
5,616 SF 0.4 ac lot Built 1978
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,126-square-foot warehouse/shop space is available for lease in Midvale, Utah. Situated on a four-acre lot, this single-tenant property offers ample room for storage, operations, or retail. The building is classified as Class C and boasts a total of 6,126 square feet, all currently vacant and ready for immediate occupancy. The property's address is 6955 S 400 W, Midvale, UT 84047, within Salt Lake County. The property type is listed as both retail and industrial, making it versatile for a range of businesses. Annual property taxes are $0.14 per square foot. This presents a significant opportunity for businesses seeking a substantial space in a convenient location. The ample lot size provides potential for expansion or additional outdoor storage. The property's location in Midvale offers easy access to major transportation routes, enhancing logistics and distribution capabilities. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1978
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,616 SF
Lot 0.4 ac (17,424 SF)
Zoning code CI
APN 21-24-377-001
UPID US86-0278273

Cap rate & NOI

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

Location

6955 S 400 W Midvale, UT 84047
Midvale metro Census 112404 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2008
7 recorded transactions
2025
Price N/A
2024
Price N/A
2023
Price N/A
2023
Price N/A
2019
Price N/A
2019
Price N/A
2008
Price N/A

Zoning & alternative use

CI · Midvale, UT
Zoning description

Ch. 17-7-13, Clean Industrial Zone (CI) Chapter 17-7-13 CLEAN INDUSTRIAL ZONE (CI) Search Within This This chapter is included in your selections. Sections: 17-7-13.1 Purpose. 17-7-13.2 Uses. 17-7-13.3 Development standa…

General category INDUSTRIAL

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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