Industrial Properties in West Valley City, Utah, offer a unique investment opportunity for those looking to capitalize on the city's strategic location and growing economy. As a suburb of Salt Lake City, West Valley City provides easy access to major transportation routes, including I-215 and I-15 freeways, SR-201 freeway, Bangerter Highway, and the Mountain View Corridor. This makes it an attractive location for businesses involved in logistics, transportation, and outdoor recreation. The city is also home to several major employers, including Backcountry.com, C.R. England, FranklinCovey, and USANA Health Sciences, which contribute to the local economy. With its proximity to the Oquirrh Mountains and the Jordan River, West Valley City offers a unique blend of natural beauty and urban amenities, making it an attractive location for businesses and residents alike. The city's amenities, such as the Maverik Center, Utah Cultural Celebration Center, and Valley Fair Mall, also make it an attractive location for entertainment and leisure activities.
With 10 Industrial Properties available for sale in West Valley City, investors have a range of options to choose from. These properties offer a range of characteristics, including average prices per square foot of $343 USD, average sizes of 18,305 square feet, and largest sizes of 58,115 square feet. Additionally, the average cap rate for Industrial Properties in West Valley City is 5.66%. For those looking for alternative investment options, West Valley City also offers Warehouses, Land, Apartment Buildings, and Commercial Real Estate for sale. The city's warehouses, for example, offer easy access to transportation routes and are ideal for businesses involved in logistics and distribution. The city's land options, on the other hand, provide a blank canvas for developers looking to build new projects. Apartment Buildings in West Valley City offer a range of amenities, including proximity to public transportation and local amenities. Finally, Commercial Real Estate in West Valley City provides a range of options for businesses looking to establish a presence in the city. Overall, West Valley City offers a range of investment opportunities for those looking to capitalize on its growing economy and strategic location.
What is the average price per square foot for industrial properties in West Valley City?
The average price per square foot for industrial properties in West Valley City is $343 USD per square foot, with 10 available listings ranging in size from 18,305 square feet to 58,115 square feet, offering a diverse range of options for businesses and investors.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in West Valley City, Utah, as they impact the ease of doing business, logistics, and accessibility to markets, suppliers, and customers.
- Proximity to major transportation hubs, such as the West Valley Intermodal Hub, and highways like I-215 and SR-201, can increase industrial property values by providing convenient access to regional and national markets.
- The availability of public transportation options, including bus routes and light rail, can also enhance industrial property values by offering employees and customers alternative modes of transportation.
- In West Valley City, where companies like Backcountry.com, C.R. England, and USANA Health Sciences operate, industrial properties with easy access to transportation infrastructure tend to command higher prices, with an average price per square foot of $343 USD and an average size of 18,305 square feet.
