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1385 Jefferson St 4,800 SF Flex Building Salt Lake City, UT 84115 $1,479,675 CAD ($308.27 CAD/SF) 4.39% Cap Rate
INVESTMENT HIGHLIGHTS
- New Development All Around Ballpark
- Buy and Hold Opportunity
- Adjacent Lot also Available
- Renovated Office
EXECUTIVE SUMMARY
3,200 square foot warehouse with insulated ceiling and 1,600 square foot remodeled office--all heated and cooled with all new lighting; 4 separate office spaces, 2 bathrooms. Open warehouse with 12' ceilings, 10'H x 14'W garage door, 2-phase power, air compressor, and paint room. Vacant adjacent lot also available! Endless opportunities with this location!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$75,380
|
$15.70
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$75,380
|
$15.70
|
| Taxes |
$7,049
|
$1.47
|
| Operating Expenses |
$3,350
|
$0.70
|
| Total Expenses |
$10,400
|
$2.17
|
| Net Operating Income |
$64,980
|
$13.54
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $75,380 |
| Annual Per SF | $15.70 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $75,380 |
| Annual Per SF | $15.70 |
| Taxes (CAD) | |
|---|---|
| Annual | $7,049 |
| Annual Per SF | $1.47 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $3,350 |
| Annual Per SF | $0.70 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $10,400 |
| Annual Per SF | $2.17 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $64,980 |
| Annual Per SF | $13.54 |
PROPERTY FACTS
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 15-13-227-002-0000 | Total Assessment | $763,406 CAD (2025) |
| Land Assessment | $331,903 CAD (2025) | Annual Taxes | $7,049 CAD ($1.47 CAD/SF) |
| Improvements Assessment | $431,502 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
15-13-227-002-0000
Land Assessment
$331,903 CAD (2025)
Improvements Assessment
$431,502 CAD (2025)
Total Assessment
$763,406 CAD (2025)
Annual Taxes
$7,049 CAD ($1.47 CAD/SF)
Tax Year
2024
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1385 Jefferson St
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