Taylorsville, Utah: A Premier Destination for Commercial Real Estate

Introduction

Taylorsville, Utah offers a compelling landscape for commercial real estate investors and professionals. Situated in the heart of the Salt Lake Valley, Taylorsville is a burgeoning hub for diverse industries including technology, retail, and healthcare. The city’s strategic location, coupled with a robust local economy and supportive infrastructure, positions it as an attractive destination for commercial property investment and development.

Economic and Industry Overview

Taylorsville's economy is driven by a mix of industries that contribute to its vibrant commercial real estate market. Key sectors include:

• Retail and Commercial Services: The city benefits from a strong retail presence, supported by significant foot traffic and consumer spending.
• Technology and Innovation: Proximity to Salt Lake City's tech corridor enables growth in tech startups and established firms, enhancing demand for office spaces and innovation hubs.
• Healthcare: As a regional healthcare center, Taylorsville hosts several medical facilities, increasing the need for medical office properties.

The city's economic development is supported by initiatives from the Economic Development Corporation of Utah, which actively promotes business growth and real estate development.

Strategic Location and Transportation Infrastructure

Taylorsville boasts excellent transportation infrastructure, enhancing its appeal for commercial real estate:

• Highways: The city is serviced by major highways including I-215 and I-15, facilitating seamless regional connectivity.
• Airports: Proximity to Salt Lake City International Airport provides easy access for business travelers and freight logistics.
• Public Transit: The Utah Transit Authority offers extensive bus routes and light rail services, linking Taylorsville to the wider metropolitan area.

These logistical advantages make Taylorsville an ideal location for distribution centers and businesses requiring quick access to labor pools and regional markets.

Commercial Real Estate Inventory & Zoning

Taylorsville's commercial real estate market is diverse, featuring several key asset classes:

• Office and Retail: The central business district offers a variety of office and retail spaces catering to different business needs.
• Industrial and Flex Space: Industrial corridors within the city are well-suited for warehousing and manufacturing operations.
• Medical and Multifamily: The demand for medical offices and commercial-grade multifamily properties continues to rise.

The city provides zoning maps and parcel viewers that outline zoning regulations and opportunities for developers, including incentives for projects that align with city planning objectives.

Major Employers and Institutions

Taylorsville hosts several major employers and institutions that underpin its commercial real estate market:

• Intermountain Healthcare: A leading healthcare provider with several facilities in the city.
• Salt Lake Community College: Contributes to workforce development and attracts students who support local businesses.
• Government and Corporate Offices: Various state and local government offices are located within Taylorsville, creating steady demand for office space.

For more information, refer to the Taylorsville Economic Development Department.

Notable Commercial Developments & Projects

Taylorsville is witnessing several notable commercial developments:

• Mixed-Use Developments: Upcoming projects combine retail, office, and residential spaces, promoting a vibrant urban environment.
• Opportunity Zones: The city includes designated Opportunity Zones that offer tax incentives for investment in underdeveloped areas.

Visit the Planning Department for details on current and approved developments.

Building Permits, Planning, and Development Tools

For developers and investors, Taylorsville provides a suite of planning and development resources:

• City Building and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission

These tools streamline the development process and ensure compliance with local regulations.

Market Data & Economic Reports

Access to comprehensive market data is crucial for informed investment decisions. Public datasets such as census.gov and the city's open data portal provide valuable insights into demographic and economic trends.

Brevitas enhances this data with AI-powered aggregation and internal insights, offering a detailed understanding of the Taylorsville CRE market. Explore our Brevitas-powered dashboards for up-to-date market analysis.

Why Use Brevitas for Taylorsville, Utah CRE?

Brevitas stands out as the premier marketplace for Taylorsville commercial real estate by offering:

• AI-Driven Discovery: Uncover new opportunities with sophisticated search algorithms.
• Real-Time Market Alerts: Stay informed with instant notifications on property listings and market trends.
• Smart Property Pages: Access detailed property information with intuitive interfaces.
• Dealroom Collaboration: Facilitate seamless transactions with integrated communication tools.

Unique features like auto-generated listing pages, email and landing page tools, and exclusive listings ensure maximum exposure and efficiency for brokers and developers. Brevitas is your partner in navigating the Taylorsville commercial real estate landscape.