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Property profile & analytics
OFF-MARKET
Estimated value
$18,180,000
Distribution centers
1195 6550th W Salt Lake City, UT 84116-2864
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0825764
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2021
Total area
1,011,710 SF
Lot
55.25 ac (2,406,690 SF)
Zoning code
IP-M-1
APN
07-27-126-002
UPID
US86-0825764
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
-
Cart Salt Lake City 2 Fulfillment Center Storage Facility
-
Alta Warehousing & Logistics Warehouse & Storage
-
SNS cars.com Warehouse & Storage
-
Christmas Peakliens Immobilis Warehousing Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.18M
Owner & transaction history
Xr Quadrant I LLC · 4 yrs held
Xr Quadrant I LLC
since 2022
1 recorded transaction
Zoning & alternative use
IP-M-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Salt Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salt Lake City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$18 / 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
$1,260,972
Tax year 2024
Assessed value
$132,329,900
Assessed 2024
Previous assessed
$132,329,900
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$10,517,200
Assessed improvement
$121,812,700
Land market value
$10,517,200
Improvement market value
$121,812,700
Total market value
$132,329,900
Applied tax rate
1.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2021
Cooling
YES
Stories
1
Total area
1,011,710 SF
Lot
55.25 ac (2,406,690 SF)
Zoning code
IP-M-1
APN
07-27-126-002
UPID
US86-0825764
Jurisdiction
SALT LAKE
Zoning & alternative use
IP-M-1 · Salt Lake City, UT
Zoning IP-M-1 · permitted uses
IP-M-1 · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salt Lake City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Cooling
Yes
Stories
1
Lot
55.25 ac
Current owner
From public records · entity-resolved
Xr Quadrant I LLC
Entity
Mailing address
1245 E BRICKYARD RD, SALT LAKE CITY, UT 84106-2559
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Feb 10, 2022
—
Xr Quadrant I LLC
—
Deed
related
$68,800,000 · Aig Asset Management U S 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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