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510 Billinis Rd
Salt Lake City, UT 84115
Rare South Salt Lake Flex Space · Flex Property For Sale

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INVESTMENT HIGHLIGHTS

  • Ample Storage: Generous interior and exterior storage spaces designed to meet diverse business requirements.
  • Investment Potential: Ideal for investors looking for a versatile property with the potential for strong returns.
  • 16-Foot Clear Height: Spacious interior with significant vertical clearance, perfect for accommodating larger equipment or additional storage solution
  • Prime Location: Situated in South Salt Lake, offering convenient access to major highways, transportation hubs, and local amenities.
  • Two Dock Doors: Facilitates easy loading and unloading, enhancing operational efficiency.
  • Flex Space: Highly adaptable layout suitable for a variety of uses, including office, warehouse, or a combination of both.

EXECUTIVE SUMMARY

Seize the opportunity to own a rare South Salt Lake flex space that offers unparalleled potential for both investment and owner occupancy. This versatile property is ideally suited for operators in need of a premium office flex space that boasts a 16-foot clear height, ensuring ample room for various business activities and storage needs.

PROPERTY FACTS

Sale Type Investment or Owner User
Cap Rate 1.57%
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Property Type Flex
Property Subtype
Light Manufacturing
  • Industrial Warehouse
  • FlexLight Distribution
Building Class C
Lot Size 0.46 AC
Rentable Building Area 5,600 SF
No. Stories 1
Year Built 1972
Tenancy Single
Parking Ratio 2.14/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning Flex - LOT:1-2 LOT 1 & E 22.07 FT OF LOT 2, FAIRCLOUGH INDUSTRIAL PARK SUB.5503-2053 6330-0081 6333-1677 6506-1451 6591-0331, 9361-5512

AMENITIES

  • Fenced Lot
  • Signage
  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City Water
  • Sewer - City Sewer
  • Heating - Electric

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-36-101-015-0000
Land Assessment
$505,560 CAD
Improvements Assessment
$697,870 CAD
Total Assessment
$1,203,430 CAD
  • Listing ID: 31844662

  • Date on Market: 2024-05-17

  • Last Updated:

  • Address: 510 Billinis Rd, Salt Lake City, UT 84115

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