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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Manufacturing properties
14015 Minuteman Dr Draper, UT 84020-7929
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US86-1467425
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,054 SF
Lot
2.29 ac (99,752 SF)
Zoning code
C-3
APN
34-06-351-019
UPID
US86-1467425
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
-
Utah Broadband Telecommunications Service Data Center
-
Cove Home Security Security Service
-
American Youth Circus Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$978k
Blend (final)
Blend
$870k
Owner & transaction history
Sunbrook Properties LLC · 9 yrs held
Sunbrook Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-3 · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.4M
+58.8%
Retail stores
$1.4M
+55.4%
Auto repair, garage
$1.3M
+51.8%
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
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$885,000
Current use
WAREHOUSE, STORAGE
$1,405,000
Change: +59% · Conversion: Easy
RETAIL STORES
$1,375,000
Change: +55% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,340,000
Change: +52% · Conversion: Easy
Blend value · Realmo final
$870k
Range $783k – $957k · ±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
$46 / 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
$45,189
Tax year 2024
Assessed value
$4,747,700
Assessed 2024
Previous assessed
$4,747,700
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,646,700
Assessed improvement
$3,101,000
Land market value
$1,646,700
Improvement market value
$3,101,000
Total market value
$4,747,700
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Total area
19,054 SF
Lot
2.29 ac (99,752 SF)
Zoning code
C-3
APN
34-06-351-019
UPID
US86-1467425
Jurisdiction
SALT LAKE
Zoning & alternative use
C-3 · Draper, UT
Zoning C-3 · permitted uses
C-3 · 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
$885,000
WAREHOUSE, STORAGE
Est. value
$1.4M
RETAIL STORES
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
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
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.29 ac
Current owner
From public records · entity-resolved
Sunbrook Properties LLC
Entity
Mailing address
14015 S MINUTEMAN DR, DRAPER, UT 84020-7929
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2021
—
Sunbrook Properties LLC
—
Deed
related
$1,992,471 · Altabank
Jun 28, 2017
—
Sunbrook Properties LLC
Vineyard Holdings LLC
Warranty Deed
$2,240,000 · Bank Of The West
Jul 1, 2010
—
Vineyard Holdings LLC
Crossroads Mill Holdings LLC
Special Warranty Deed
$909,000 · Wells Fargo Bank NA
Feb 2, 2007
—
Crossroads Mill Holdings LLC
Millwright Investment
Quit Claim Deed
$3,018,600 · Bank Of American Fork
May 22, 2003
—
Millright Investment Co
Millright Investment Co
Quit Claim Deed
related
$982,500 · Bank Of American Fork
Sep 17, 1996
—
Millwright Investment Co
—
Grant Deed
related
$740,000 · Zions First National Bank
—
—
Millwright Investment Co
—
Deed Of Trust
related
$390,918 · Bank Of Utah
—
—
Sunbrook Properties LLC
—
Deed Of Trust
related
$1,992,471 · Altabank
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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