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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)



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 | Rentable Building Area | 37,880 SF |
| Price Per SF | $287.75 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1950 |
| Sale Condition | 1031 Exchange | Parking Ratio | 0.34/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 14’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 3 |
| Building Class | C | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 0.63 AC | Opportunity Zone |
Yes
|
| Zoning | MU 11 | ||
| 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
1 1
Bike Score®
Very Bikeable (79)
Property Taxes
| Parcel Number | 15-12-176-002-0000 | Improvements Assessment | $680,600 |
| Land Assessment | $939,300 | Total Assessment | $1,619,900 |
Property Taxes
Parcel Number
15-12-176-002-0000
Land Assessment
$939,300
Improvements Assessment
$680,600
Total Assessment
$1,619,900
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Presented by
B & B Real Estate Group
827 S 500 W
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