Tooele, Utah Commercial Real Estate 0 Listings

Tooele, Utah: A Premier Destination for Commercial Real Estate

Introduction

Located in the heart of the western United States, Tooele, Utah offers a dynamic environment for commercial real estate (CRE) investment. With a population of approximately 36,000, Tooele combines small-town charm with strategic economic opportunities. The city is home to a diverse range of industry clusters, including manufacturing, logistics, and aerospace, making it an attractive hub for various CRE asset classes. Its unique positioning just west of Salt Lake City enhances its appeal as a burgeoning location for industrial, office, and retail developments.

Economic and Industry Overview

Tooele's economy is bolstered by significant contributions from major industries such as manufacturing, aerospace, and logistics. These sectors create robust demand for industrial and office properties. The presence of businesses like Cabela’s Distribution Center and the Walmart Distribution Center underscores the city's strategic importance in logistics and distribution. Regional economic development initiatives, such as those led by the Tooele County Economic Development, actively work to attract new businesses and support existing ones, further driving CRE growth.

Strategic Location and Transportation Infrastructure

Tooele provides strategic logistical advantages with its proximity to major transportation networks. Key highways, including Interstate 80 and U.S. Route 36, facilitate efficient freight movement and connectivity to significant markets. The city's nearness to Salt Lake City International Airport enhances its accessibility for business travelers and freight logistics. For more details, visit the Utah Department of Transportation. These logistical advantages position Tooele as an ideal location for distribution centers and industrial developments.

Commercial Real Estate Inventory & Zoning

Tooele features diverse CRE submarkets, including industrial corridors and emerging innovation districts. The city offers a mix of industrial, retail, and office spaces, catering to various business needs. Notable zoning initiatives, such as the Tooele Business Park, provide incentives for developers seeking to capitalize on the city's growth. For detailed zoning information and parcel maps, visit the Tooele City Planning Department.

Major Employers and Institutions

Tooele is home to significant employers such as US Magnesium and Cabela’s, driving demand for commercial real estate. The Tooele Army Depot also plays a crucial role in the local economy. The presence of these employers, alongside educational institutions like Tooele Technical College, underscores the city's economic vitality. For more information, visit the Tooele County Economic Development directory.

Notable Commercial Developments & Projects

Tooele is witnessing exciting development projects, including mixed-use developments and master-planned communities that redefine its commercial landscape. Public-private partnerships and Opportunity Zones offer lucrative investment opportunities. For details on planning and site maps, consult the Tooele City Planning Commission.

Building Permits, Planning, and Development Tools

Tooele offers a comprehensive suite of development tools for investors and developers:

Market Data & Economic Reports

Tooele offers access to a variety of public data sets, including those from census.gov and the city's open data portal. Brevitas utilizes AI-powered aggregation from public data and internal insights to provide comprehensive market analytics. Explore our Brevitas-powered dashboards for detailed Tooele CRE insights.