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2984 S SWEETWATER PARK DR, Garden City, UT — photo 11 / 17

$1,850,000

2984 S SWEETWATER PARK DR, Garden City, UT 84028

Subtype

Industrial

Building SF

—

$/SF

—

Lot

4.38 ac

Property Details

Property typeCommercial Sale
SubtypeIndustrial
Building SF—
Year built1986
Lot size4.38 acres
Current useIndustrial
Taxes (annual)$3,531
Days on market0
Listed2026-10-15T00:00:00+00:00

Description

Sweetwater Storage offers a unique investment and expansion development opportunity in Garden City near Bear Lake. Situated on 4.38 acres, the property currently includes 32 enclosed storage units, a large 8,000 SF (80' x 100') shop/storage building, and 46 uncovered parking spaces that can accommodate additional boat, RV, and vehicle storage. A major component of the opportunity is the property's future expansion potential. The current ownership has completed substantial planning and entitlement work for the development of additional storage units on the property. Approved plans are in place for approximately 131 ADDITIONAL UNITS / ~56,000 SF OF ADDITIONAL STORAGE, giving a new owner the opportunity to expand the facility without starting the development process from scratch. Plans and additional development information are available after an accepted offer. With 4.38 acres, an established storage operation, additional outdoor parking, a large shop building, and plans in place for future expansion, Sweetwater Storage offers multiple existing and future income streams in the Bear Lake market. Owner/Agent

Listed by Porter Criddle · Investment Realty Advisors LLC

Location

2984 S SWEETWATER PARK DR, Garden City, UT 84028

Cap Rate Calculator

Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.

Cap Rate

5.25%

$/SF

—

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($52,286)
Effective gross income$149,388/yr
Operating expenses$52,286/yr
Derived NOI$97,102/yr

Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/15/2026, 11:20:18 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.