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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Industrial properties
1116 500th S West Bountiful, UT 84087-2282
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US86-0905610
Property summary
AI-generated overview
This exceptional 720-square-foot warehouse unit, located at 1116 W 500 S in West Bountiful, Utah 84087, presents a fantastic opportunity for businesses seeking efficient and conveniently located industrial space. The single-tenant unit boasts interior dimensions of 17' x 39', providing ample room for storage and operations. Access is simplified by a 10' x 12' grade-level door, ensuring easy loading and unloading of goods. This property benefits from its strategic location, offering easy access to two major highways. Specifically, it sits advantageously between the 500 South I-15 Interchange in Bountiful and Legacy Highway, providing excellent connectivity throughout the region. The property is part of a highly sought-after industrial complex, making it an ideal choice for businesses valuing both functionality and prime location. The monthly lease rate is $850, with additional monthly expenses (NNN) of $150. This well-maintained warehouse unit is ready for immediate occupancy and represents a compelling investment opportunity in a thriving industrial area. The property's central location and convenient access to major transportation routes make it an attractive option for a variety of businesses.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1995
Total area
7,680 SF
Lot
0.97 ac (42,123 SF)
Zoning code
C--H
APN
06-075-0108
UPID
US86-0905610
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$740k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$705k
Owner & transaction history
Agl Properties LLC · 9 yrs held
Agl Properties LLC
since 2017
1 recorded transaction
Zoning & alternative use
C--H · West Bountiful, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$985,000
+52.9%
Restaurant
$935,000
+45.1%
Retail stores
$720,000
+12.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Bountiful submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Bountiful submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$800,000
6.5%
$740,000
7%
$685,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$645,000
Current use
OFFICE BUILDING
$985,000
Change: +53% · Conversion: Difficult
RESTAURANT
$935,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$720,000
Change: +12% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$655,000
Change: +2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$650,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$705k
Range $635k – $776k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$92 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,187
Tax year 2024
Assessed value
$695,598
Assessed 2024
Previous assessed
$695,598
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$278,008
Assessed improvement
$417,590
Land market value
$505,470
Improvement market value
$759,256
Total market value
$1,264,726
Applied tax rate
57.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1995
Heating
SPACE
Buildings
2
Stories
1
Units
8
Total area
7,680 SF
Lot
0.97 ac (42,123 SF)
Zoning code
C--H
APN
06-075-0108
UPID
US86-0905610
Jurisdiction
DAVIS
Zoning & alternative use
C--H · West Bountiful, UT
Zoning C--H · permitted uses
C--H · West Bountiful, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Bountiful. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$645,000
OFFICE BUILDING
Est. value
$985,000
RESTAURANT
Est. value
$935,000
RETAIL STORES
Est. value
$720,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$655,000
AUTO REPAIR, GARAGE
Est. value
$650,000
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1995
Heating
SPACE
Stories
1
Buildings
2
Units
8
Lot
0.97 ac
Current owner
From public records · entity-resolved
Agl Properties LLC
Entity
Mailing address
PO BOX 734, OREM, UT 84059-0734
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2017
—
Agl Properties LLC
Barbara A Rueckert
Deed
$542,000 · Utah Community FCU
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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