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Property profile & analytics
OFF-MARKET Estimated value $1,115,000
Warehouses

1014 Draper Pkwy Draper, UT 84020-9093

25,200 SF 1.49 ac lot Built 1968
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US86-0563393
Property summary
AI-generated overview

This exceptional Draper, UT industrial property, located at 1014 E Draper Pkwy, offers 25,200 square feet of versatile space, ideal for manufacturing, warehousing, flex, or R&D uses. The property features a minimum divisible space of 6,790 square feet and a maximum contiguous space of 19,410 square feet, catering to a range of business needs. Built in 1968, the building boasts impressive 29-foot ceilings and ample 3-phase, 480V power, making it suitable for various industrial applications. The property includes 26 parking spaces and three convenient drive-in bays. Situated on 1.49 acres of land, the property benefits from a 12300 S frontage. While zoned as Draper Towne Center, a grandfathered use exception permits limited manufacturing and wholesale/warehousing activities. The property currently includes some existing lab and office space, along with an unfinished but load-bearing mezzanine offering potential for additional storage. A fenced yard is available upon request. This Class C property presents a unique opportunity in a prime Draper location. The property is multi-tenant.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1968
Construction STEEL FRAME
Total area 25,200 SF
Lot 1.49 ac (64,904 SF)
Zoning code CN
APN 28-29-402-037
UPID US86-0563393
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Berry Creek Home Collections Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.04M
Blend (final) Blend
$1.12M
Owner & transaction history
K9 Lifeline Real Estate LLC · 4 yrs held
K9 Lifeline Real Estate LLC
since 2022
5 recorded transactions
2022
Price N/A
2022
Price N/A
2021
Price N/A
2021
Price N/A
2015
Price N/A
Zoning & alternative use
CN · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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