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Property profile & analytics
FOR LEASE
Industrial properties
1188 Sportsplex Dr Kaysville, UT 84037
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0443584
For Lease
1 / 3
Contact for pricing
1188 Sportsplex Dr, Kaysville, UT 84037
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Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
44,100 SF
Lot
2.97 ac (129,373 SF)
Zoning code
LI
APN
11-633-0001
UPID
US86-0443584
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
$895k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.56M
Blend (final)
Blend
$1.23M
Owner & transaction history
Jbt Third Avenue LLC · 8 yrs held
Jbt Third Avenue LLC
since 2017
5 recorded transactions
Zoning & alternative use
LI · Kaysville, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Light Industrial District is established to provide for industrial, manufacturing and commercial uses in Kaysville and to protect such uses from encroachment of uses adverse to their operation and expansion
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
286.21 ac
Source
Realmo
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 Kaysville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kaysville 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
$895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±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
$28 / 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
$26,091
Tax year 2024
Assessed value
$1,513,242
Assessed 2024
Previous assessed
$1,513,242
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$569,600
Assessed improvement
$943,642
Land market value
$1,035,638
Improvement market value
$1,715,713
Total market value
$2,751,351
Applied tax rate
34.0000
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
For Lease
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Total area
44,100 SF
Lot
2.97 ac (129,373 SF)
Zoning code
LI
APN
11-633-0001
UPID
US86-0443584
Jurisdiction
DAVIS
Zoning & alternative use
LI · Kaysville, UTZoning LI · permitted uses
LI · Kaysville, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Light Industrial District is established to provide for industrial, manufacturing and commercial uses in Kaysville and to protect such uses from encroachment of uses adverse to their operation and expansion
Zone name
Light Industrial District
General category
INDUSTRIAL
Zone area
286.21 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Lot
2.97 ac
Current owner
From public records · entity-resolved
Jbt Third Avenue LLC
Entity
Mailing address
117 E LOUISA ST NE #108, SEATTLE, WA 98102-3203
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2022
—
Jbt Third Avenue LLC
—
Deed
related
$5,450,000 · America First FCU
Aug 17, 2017
—
Jbt Third Avenue LLC
Jordan Sq Shopping Center Lc
Warranty Deed
$4,950,000 · Miscellaneous Ins Co
Jan 11, 2017
—
Jordan Sq Shopping Center LLC
—
Deed
related
$1,706,567 · Salco Holding LLC
Jul 21, 2010
—
Kaysville City
West,darrell R & Barbara
Quit Claim Deed
related
—
—
—
Jordan Sq Shopping Center LLC
—
Deed Of Trust
related
$1,706,567 · Salco Holding LLC
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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