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Property profile & analytics
OFF-MARKET
Estimated value
$1,805,000
Warehouses
13053 Minuteman Dr Draper, UT 84020-9236
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US86-1421540
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1996
Construction
WOOD FRAME
Total area
14,730 SF
Lot
2.87 ac (125,017 SF)
Zoning code
CR
APN
28-31-302-001
UPID
US86-1421540
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
-
Management Elevated Property Management Company
-
Draper Self-Storage Storage Facility
-
SLC Bike Rentals Cycling Facility (Bike/Boat/Book/etc) Store
-
LandOne Development and Management Inc Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.80M
CAP Approach
CAP
$1.87M
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$1.81M
Owner & transaction history
E-z Self Storage-draper LLC · 17 yrs held
E-z Self Storage-draper LLC
since 2008
5 recorded transactions
Zoning & alternative use
CR · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+49.4%
Commercial (general)
$1.6M
+42.7%
Medical building
$1.4M
+29.6%
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
$1,795,000
CAP Approach
CAP Return
Estimation
6%
$2,025,000
6.5%
$1,870,000
7%
$1,735,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,085,000
Current use
RESTAURANT
$1,620,000
Change: +49% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,550,000
Change: +43% · Conversion: Difficult
MEDICAL BUILDING
$1,405,000
Change: +30% · Conversion: Difficult
Blend value · Realmo final
$1.81M
Range $1.62M – $1.99M · ±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
$123 / 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
$65,185
Tax year 2024
Assessed value
$6,848,600
Assessed 2024
Previous assessed
$6,848,600
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$2,594,800
Assessed improvement
$4,253,800
Land market value
$2,594,800
Improvement market value
$4,253,800
Total market value
$6,848,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1996
Construction
WOOD FRAME
Heating
NONE
Buildings
12
Stories
1
Units
575
Rooms
6
Bathrooms
1
Total area
14,730 SF
Lot
2.87 ac (125,017 SF)
Zoning code
CR
APN
28-31-302-001
UPID
US86-1421540
Jurisdiction
SALT LAKE
Zoning & alternative use
CR · Draper, UT
Zoning CR · permitted uses
CR · 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
WAREHOUSE, STORAGE Current
Est. value
$1.1M
RESTAURANT
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.6M
MEDICAL BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1996
Construction
WOOD FRAME
Heating
NONE
Stories
1
Buildings
12
Units
575
Rooms
6
Bathrooms
1
Lot
2.87 ac
Current owner
From public records · entity-resolved
E-z Self Storage-draper LLC
Entity
Mailing address
13053 S MINUTEMAN DR, DRAPER, UT 84020-9236
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
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
Sep 22, 2020
—
E Z Self Storage Draper LLC
—
Deed
related
$4,500,000 · Tiaa Fsb Holdings INC
Aug 4, 2008
—
E-z Self Storage-draper LLC
Richards,david K
Grant Deed
—
Jul 7, 2008
—
E-z Self Storage-draper LLC
Ricahrds,david K
Grant Deed
—
—
—
E-z Self Storage-draper LLC
—
Deed Of Trust
related
$2,900,000 · American Equity Inv Life Ins
—
—
E-z Self Storage-draper LLC
—
Deed Of Trust
related
$2,000,000 · Southern Farm Bureau Life Ins
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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