Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Warehouses
15567 Minuteman Dr Draper, UT 84020-9599
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US86-0701806
Property summary
AI-generated overview
This exceptional industrial property in Draper, Utah, presents a unique opportunity. The site encompasses approximately 12.87 acres of land zoned M-2 (Manufacturing), offering significant flexibility for various industrial uses. The property boasts approximately 1,000 feet of frontage along I-15, providing unparalleled visibility and convenient access to major transportation arteries. A substantial 38,287 square foot building is included. The property is comprised of three parcels (APN: 33-14-400-005: 1.41 Acres / 33-23-200-001: 2.96 Acres / 33-13-300-012: 8.5 Acres) located at 15567 South Minuteman Drive, Draper, UT 84020 in Salt Lake County. Lease options are highly adaptable
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Construction
STEEL FRAME
Total area
38,212 SF
Lot
8.5 ac (370,260 SF)
Zoning code
M2
APN
33-13-300-012
UPID
US86-0701806
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
$1.24M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.80M
Blend (final)
Blend
$1.52M
Owner & transaction history
Siri Hq LLC
Siri Hq LLC
since 2026
7 recorded transactions
Zoning & alternative use
M2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,240,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.52M
Range $1.37M – $1.67M · ±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
$40 / 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
$54,084
Tax year 2024
Assessed value
$5,796,200
Assessed 2024
Previous assessed
$5,796,200
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$1,501,600
Assessed improvement
$4,294,600
Land market value
$1,501,600
Improvement market value
$4,294,600
Total market value
$5,796,200
Applied tax rate
56.0000
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
1976
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
38,212 SF
Lot
8.5 ac (370,260 SF)
Zoning code
M2
APN
33-13-300-012
UPID
US86-0701806
Jurisdiction
SALT LAKE
Zoning & alternative use
M2 · Draper, UT
Zoning M2 · permitted uses
M2 · 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
1976
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
8.5 ac
Current owner
From public records · entity-resolved
Siri Hq LLC
Entity
Mailing address
3400 W MAYLLOWER AVE E #350, LEHI, UT 84043
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2026
—
Siri Hq LLC
Martha Quillin
Special Warranty Deed
$11,097,000 · Capital Community Bank
Sep 20, 2024
—
Point Of The Mountain LLC
Unified Business Alliance LLC
Quit Claim Deed
related
—
Sep 11, 2024
—
Matthew Quillin
Unified Business Alliance LLC
Quit Claim Deed
related
—
Feb 17, 2022
—
Unifled Business Alliance LLC
John D Briggs
Warranty Deed
$3,722,510 · Central Bank
Feb 4, 2022
—
John D Briggs M D
Afm Limited Company
Special Warranty Deed
—
Jan 30, 2019
—
Woodside Day Ranch LLC
Da1 Dev INC
Grant Deed
related
—
Aug 14, 2003
—
T & M Holdings LLC
Turtle Mountain Lc
Grant Deed
related
—
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 15567 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.
