Back to Search
Property profile & analytics
OFF-MARKET
Industrial properties
12855 Minuteman Dr Draper, UT 84020-9205
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US86-1455029
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1996
Construction
WOOD FRAME
Total area
2,414 SF
Lot
0.58 ac (25,265 SF)
Zoning code
CC
APN
28-31-151-006
UPID
US86-1455029
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
-
DriveSafety Corporate Office
-
Drivesafety Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Concord Properties LLC · 6 yrs held
Concord Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
CC · Draper, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,664
Tax year 2024
Assessed value
$1,015,300
Assessed 2024
Previous assessed
$1,015,300
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$631,600
Assessed improvement
$383,700
Land market value
$631,600
Improvement market value
$383,700
Total market value
$1,015,300
Applied tax rate
55.0000
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
1996
Construction
WOOD FRAME
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
2,414 SF
Lot
0.58 ac (25,265 SF)
Zoning code
CC
APN
28-31-151-006
UPID
US86-1455029
Jurisdiction
SALT LAKE
Zoning & alternative use
CC · Draper, UT
Zoning CC · permitted uses
CC · 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.
Building & site characteristics
From public records
Year built
1996
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Concord Properties LLC
Entity
Mailing address
12875 S MINUTEMAN DR, DRAPER, UT 84020-9205
Mailing matches property
Yes
Owner-occupied
Yes
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2024
—
Concord Properties LLC
—
Deed
related
$7,000,000 · Jpmorgan Chase Bank NA
Dec 10, 2019
—
Concord Properties LLC
Concord Properties LLC
Intrafamily Transfer
related
$1,305,000 · Wells Fargo Bank NA
Jul 6, 2016
—
Concord Properties LLC
—
Deed
related
$1,750,000 · Zions First Nat'l Bk
Jun 30, 2016
—
Concord Properties LLC
—
Deed
related
$1,446,000 · Utah Certified Dev
Sep 1, 2015
—
Concord Properties LLC
—
Trustees Deed
related
$3,150,000 · Zions First Nat'l Bk
Apr 30, 2015
—
Concord Properties LLC
Truit LLC
Warranty Deed
$1,376,250 · Zions First National Bank
Aug 2, 2012
—
Truit LLC
Lkh Holdings LLC
Warranty Deed
$1,055,000 · American Bk/commerce
Oct 30, 2007
—
Lkh Holdings LLC
Jhd Draper LLC
Warranty Deed
$588,300 · Webbank
Jun 20, 2002
—
Jhd Draper LLC
Henry Day Auto Center INC
Grant Deed
$821,600 · Key Bank NA
Jul 14, 2000
—
Henry Day Auto Center INC
Mcomber,michael C & Michelle
Grant Deed
related
—
—
—
Concord Properties LLC
—
Deed Of Trust
related
$1,750,000 · Zions First Nat'l Bk
—
—
Concord Properties LLC
—
Deed Of Trust
related
$1,446,000 · Utah Certified Dev
—
—
Henry Day Auto Center INC
—
Deed Of Trust
related
$335,000 · Key Bank NA
—
—
Jdh Draper LLC
—
Deed Of Trust
related
$123,000 · Key Bank NA
—
—
Michael C Mcomber
—
Deed Of Trust
related
$225,000 · Utah First 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12855 Minuteman Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
