South Salt Lake, UT
Commercial Real Estate Market Trends & Data

$287 Avg asking sale price
$18 Avg asking lease rate
11,684 SF Avg unit lease size
13,038 SF Avg building size for sale
6.06% Average cap rate

South Salt Lake's Demographic Profile

South Salt Lake has 10,770 households and a median income of $52,325, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 27,405
# Households 10,770
Median age 35
Median household income $52,325
Avg household size 2.0
Renter-occupied housing units 7,236
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near South Salt Lake, UT

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
South Salt Lake $259 17,498 SF 8.75%
Millcreek $280 20,727 SF 8.75%
Murray $270 24,052 SF 8.75%
Salt Lake City $267 16,335 SF 8.75%
Taylorsville $230 25,696 SF 8.75%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
South Salt Lake $243 10,481 SF 6.67%
Millcreek $246 10,094 SF 6.44%
Murray $236 20,884 SF 6.00%
Salt Lake City $264 22,616 SF 6.67%
West Valley $239 23,424 SF 6.67%
Nearby Retail Markets Avg Cost/SF Typical Size
South Salt Lake $319 8,075 SF
Millcreek $431 6,885 SF
Murray $382 4,629 SF
Salt Lake City $446 22,294 SF
Taylorsville $182 307,436 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
South Salt Lake $354 21,869 SF 6.41%
Millcreek $368 24,512 SF 6.41%
Murray $281 42,661 SF 5.98%
Salt Lake City $281 45,005 SF 6.41%
Taylorsville $309 69,507 SF 5.98%

Commercial Properties For Sale in South Salt Lake

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

2431 S 1070 W

Salt Lake City, UT 84119

  • 16,788 SF Industrial Building
  • 6.15% Cap Rate
  • $4,592,000
For Sale

State Street XL Self-Storage

Salt Lake City, UT 84115

  • 6,900 SF Specialty
  • 5.00% Cap Rate
  • $1,068,000
For Sale

2135 S West Temple

South Salt Lake, UT 84115

  • 10,100 SF Flex Building
  • $2,200,000
For Sale

Building A

Salt Lake City, UT 84115

  • 11,495 SF Industrial Building
  • $2,200,000
For Sale

Ballpark Development Opportunity

Salt Lake City, UT 84115

  • 0.48 AC Lot
  • 1 Residential Income Lot
  • $1,800,000
For Sale

1467 S. Main St.

Salt Lake City, UT

  • $3,950,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Multifamily vs. Single-Family Investing ROI
Multifamily vs. Single-Family Investing ROI
Multifamily vs single-family investing compared across cash flow, vacancy risk, financing, management complexity, and ROI to help investors evaluate returns and downside risk by property type.
CapEx in Commercial Real Estate
CapEx in Commercial Real Estate
How to plan capital expenditures, prioritize projects, and manage risk without sacrificing returns on your commercial property investment.
Internal Rate of Return (IRR) Calculator
Internal Rate of Return (IRR) Calculator
Use this calculator to measure annualized returns, compare investment scenarios, and evaluate risk across commercial real estate deals.
What is a Ground Lease?
What is a Ground Lease?
Understanding the Nuances of Ground and Land Leases
Master Lease Strategies
Master Lease Strategies
Maximizing Control and Income with Flexible Leasing Solutions
How to Find Industrial Tenants for Your Property
How to Find Industrial Tenants for Your Property
A practical guide to finding qualified industrial tenants, from building your tenant profile to tenant screening and closing the lease.
Bonus Depreciation
Bonus Depreciation
A practical guide to using bonus depreciation to reduce tax liability, improve cash flow, and plan property improvements with timing strategies in mind.
Accelerated Depreciation in Commercial Real Estate
Accelerated Depreciation in Commercial Real Estate
Understand how accelerated depreciation works, which method fits your deal, and how to avoid the tax pitfalls that catch most investors off guard.

Nearby Commercial Markets

Comparing nearby markets helps investors see whether South Salt Lake pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
South Salt Lake $287 13,038 SF
Millcreek $323 14,973 SF
Murray $294 21,978 SF
Salt Lake City $339 24,717 SF
Taylorsville $244 50,553 SF

Regional Demographic Comparison

This comparison places South Salt Lake alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in South Salt Lake or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
South Salt Lake 27,405 10,770 35 $52,325 2 7,236 1%
Millcreek 34,377 14,724 37 $61,011 2 8,375 1%
Murray 49,315 19,835 39 $72,582 2 7,742 1%
Salt Lake City 204,933 88,644 35 $66,116 2 52,005 2%
Taylorsville 67,385 22,430 37 $76,363 3 7,013 3%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in South Salt Lake, UT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in South Salt Lake

View All Commercial Real Estate For Sale in South Salt Lake
Is South Salt Lake a good market for a first-time commercial real estate investor?

South Salt Lake offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in South Salt Lake?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in South Salt Lake. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in South Salt Lake?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for South Salt Lake. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does South Salt Lake compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to South Salt Lake. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for South Salt Lake acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in South Salt Lake, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends