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Property profile & analytics
FOR LEASE
Industrial properties
1343 W Flint Meadow Dr Kaysville, UT 84037
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US86-0481554
For Lease
1 / 5
$580,000
1343 W Flint Meadow Dr, Kaysville, UT 84037
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,050 SF
Lot
1.35 ac (58,806 SF)
Zoning code
LI
APN
11-448-0037
UPID
US86-0481554
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
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$690k
Blend (final)
Blend
$580k
Owner & transaction history
Kaysville City · 16 yrs held
Kaysville City
since 2010
7 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
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$735,000
Current use
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$44 / 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
$11,572
Tax year 2024
Assessed value
$671,147
Assessed 2024
Previous assessed
$671,147
+0.0% YoY
Effective rate
1.72%
On assessed value
Assessed land
$270,725
Assessed improvement
$400,422
Land market value
$492,228
Improvement market value
$728,040
Total market value
$1,220,268
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
6
Total area
13,050 SF
Lot
1.35 ac (58,806 SF)
Zoning code
LI
APN
11-448-0037
UPID
US86-0481554
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$735,000
INDUSTRIAL (GENERAL) Current
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
2003
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Units
6
Lot
1.35 ac
Current owner
From public records · entity-resolved
Kaysville City
Entity
Mailing address
PO BOX 185, KAYSVILLE, UT 84037-0185
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2021
—
J & K Properties LLC
—
Deed
related
$100,000 · Us Bank NA
Jul 21, 2010
—
Kaysville City
West,darrell R & Barbara
Quit Claim Deed
related
—
Feb 26, 2010
—
J & K Properties LLC
Frank,gregory A & Carolyn T
Warranty Deed
—
Jan 8, 2002
—
Gregory A Frank
August Design LLC
Grant Deed
$336,000 · Northern Utah Capital INC
May 16, 2001
—
August Design LLC
Us Development INC
Quit Claim Deed
related
$738,900 · America West Bank
—
—
J & K Properties LLC
—
Deed Of Trust
related
$220,000 · Us Bank NA
—
—
J & K Properties LLC
—
Deed Of Trust
related
$922,246 · First Nat'l Bk/layton
—
—
J & K Properties LLC
—
Deed Of Trust
related
$140,850 · First National Bank Layton
—
—
Gregory A Frank
—
Deed Of Trust
related
$30,300 · Prime Alliance Bank
—
—
Gregory A Frank
—
Deed Of Trust
related
$370,762 · Prime Alliance Bank
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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