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Property profile & analytics
FOR SALE
Industrial properties
12162 S Business Park Dr Draper, UT 53070
Entity Owned
7-yr Hold
Free & Clear
Property ID
US86-1468907
For Sale
1 / 13
$2,360,000
12162 S Business Park Dr, Draper, UT 53070
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,840 SF
Lot
2.2 ac (95,832 SF)
Zoning code
CBP
APN
27-25-200-054
UPID
US86-1468907
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
-
Xennsoft LLC - MLM Software and Service Solutions (Bike/Boat/Book/etc) Store Corporate Office
-
Lincoln Institute of Financial Empowerment Training Center
-
Peak Tumbling Gym & Fitness Center
-
Marine Venture Group Corporate Office
-
Bioreach Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.08M
Blend (final)
Blend
$2.36M
Owner & transaction history
Draper 2 LLC · 7 yrs held
Draper 2 LLC
since 2019
7 recorded transactions
Zoning & alternative use
CBP · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.7M
+105.7%
Warehouse, storage
$2.9M
+58.8%
Retail stores
$2.8M
+55.4%
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 Draper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Draper 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,805,000
Current use
MEDICAL BUILDING
$3,710,000
Change: +106% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,865,000
Change: +59% · Conversion: Easy
RETAIL STORES
$2,800,000
Change: +55% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,735,000
Change: +52% · Conversion: Easy
Blend value · Realmo final
$2.36M
Range $2.12M – $2.60M · ±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
$61 / 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
$96,118
Tax year 2024
Assessed value
$10,098,600
Assessed 2024
Previous assessed
$10,098,600
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$2,031,800
Assessed improvement
$8,066,800
Land market value
$2,031,800
Improvement market value
$8,066,800
Total market value
$10,098,600
Applied tax rate
52.0000
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 Sale
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
2
Stories
2
Total area
38,840 SF
Lot
2.2 ac (95,832 SF)
Zoning code
CBP
APN
27-25-200-054
UPID
US86-1468907
Jurisdiction
SALT LAKE
Zoning & alternative use
CBP · Draper, UT
Zoning CBP · permitted uses
CBP · Draper, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Draper. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$2.9M
RETAIL STORES
Est. value
$2.8M
AUTO REPAIR, GARAGE
Est. value
$2.7M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
2
Buildings
2
Lot
2.2 ac
Current owner
From public records · entity-resolved
Draper 2 LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 80344, SEATTLE, WA 98108-0344
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2021
—
Draper 2 LLC
—
Deed
related
$5,500,000 · Minnesota Life Insurance Company
Jan 22, 2019
—
Draper 2 LLC
Valley Green Holdings LLC
Grant Deed
—
Dec 20, 2017
—
Valley Green Holdings LLC
—
Loan Modification
related
$12,512,500 · Capital One NA
Feb 6, 2017
—
Valley Green Holdings LLC
—
Loan Modification
related
$8,341,852 · Capital One NA
Aug 11, 2014
—
Valley Green Holdings LLC
—
Grant Deed
related
$7,750,000 · Capital One NA
Jun 10, 2009
—
Valley Green Holdings LLC
—
Deed Of Trust
related
$6,000,000 · Svn Draper LLC
Apr 16, 2008
—
Valley Green Holdings LLC
Svn Draper LLC
Grant Deed
$4,000,000 · Svn Draper LLC
Jan 14, 2005
—
Svn Draper LLC
Draper Business Park Lc
Quit Claim Deed
$7,490,000 · Life Insurance Of Southwest
—
—
Draper Business Park Lc
—
Deed Of Trust
related
$95,101 · Brighton Bank
—
—
Draper Business Park Lc
—
Deed Of Trust
related
$400,000 · Selective Funding LLC
—
—
Draper Business Park Lc
—
Deed Of Trust
related
$1,900,000 · Safeco Life Insurance Co
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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