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    Property profile & analytics

    13937 Sprague Ln Draper, UT 84020

    • Investment properties
    • 118,175 SF
    • 6.00 lot acres
    For Lease
    View listing
    $27 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US86-0703270
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Method Dental Labs / Dental Laboratory / Dental Implants Periodontist
    • Cvent / Corporate Office
    • BROWZ LLC / Corporate Office
    • Allstate Insurance / Insurance Company
    • Marquis Software Solutions / Computer Service

    Property Details for 13937 Sprague Ln

    Year built
    2013
    Lot size
    6.00 lot acres
    Property size
    118,175 SF
    Zone code
    C-R
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    34-06-302-025
    APU
    3406302025

    Description

    This Class A, five-story executive office building, known as Minuteman IV, offers 109,595 square feet of premium office space in the desirable Draper submarket of Utah. Built in 2013, the property sits on a 6-acre lot at 13937 Sprague Ln, Draper, UT 84020, providing excellent visibility and accessibility. The building features a modern design with floor-to-ceiling glass and high-volume ceilings on the main floor, creating an impressive and efficient workspace. Multiple tenancy options are available, with a minimum divisible space of 7,446 square feet and a maximum contiguous space of 22,902 square feet. Currently, 30,348 square feet is vacant, presenting a significant opportunity for businesses seeking expansion or relocation. The building boasts a total of two suites and ample parking with a 5/1000 space ratio. Its prime location offers easy access to I-15, ensuring convenient commutes for employees and clients. This property represents an exceptional opportunity to establish a prominent corporate presence in a thriving Utah business community. The efficient floor plan and modern amenities make this an ideal setting for discerning corporate office users.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Draper
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.887
    Latitude
    40.4983
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $273,852
    $6,207,300
    $22,354,600
    $28,561,900
    -
    $6,207,300
    $22,354,600
    $28,561,900

    Comparable in this City

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    Draper, UT 84020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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