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827 S 500 W 37,880 SF 100% Leased Industrial Building Salt Lake City, UT 84101 $10,900,000 ($287.75/SF)

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Investment Highlights

  • This site is a development site or available for Lease

Executive Summary

This 1.88-acre, (that includes two parcels, tax ID#s 15-12-176-002 and 15-12-176-001) L-shaped development site with frontage on both 800 South and 500 West is positioned in the heart of Salt Lake City's dynamic and rapidly transforming Granary District. Surrounded by a growing mix of residential, creative, and commercial uses, the site offers a rare opportunity for impactful infill development in one of the city's most active redevelopment corridors. Zoned MU 11. The MU-11 Mixed Use 11 District generally includes buildings up to 8 stories in height, with taller buildings up to eleven (11) stories allowed through the design review process. Development regulations are based on types of buildings and differ based on the building types as indicated.. Development regulations are based on types of buildings and differ based on the building types as indicated. Located within the Granary District Area Plan, the site is set to benefit from significant public investment in multimodal infrastructure: upgraded sidewalks, protected bike lanes, improved intersections, and enhanced TRAX light rail access, including proximity to the 900 South station and potential new stops in the district. These improvements are designed to encourage walkability, reduce vehicle reliance, and support Salt Lake City's smart growth and sustainability goals. With strong market fundamentals, ongoing redevelopment momentum-including major nearby projects-and Salt Lake City's pro-growth climate, this site represents a compelling opportunity for developers or users seeking scale, flexibility, and visibility in a premier downtown location. Square footage figures are provided as a courtesy estimate only and were obtained from Salt Lake County Records. Buyer is advised to obtain an independent measurement.

Property Facts

Price $10,900,000
Price Per SF $287.75
Sale Type Investment
Sale Condition 1031 Exchange
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.63 AC
Rentable Building Area 37,880 SF
No. Stories 1
Year Built 1950
Parking Ratio 0.34/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning MU 11

Amenities

  • Fenced Lot
  • Signage
Bike Score®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
15-12-176-002-0000
Land Assessment
$939,300
Improvements Assessment
$680,600
Total Assessment
$1,619,900
  • Listing ID: 39302725

  • Date on Market: 2/3/2026

  • Last Updated:

  • Address: 827 S 500 W, Salt Lake City, UT 84101

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