Entity Owned 
For Sale
1 / 16
$2,800,000
1785 S 4490 W, Salt Lake City, UT 84104
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Property summary
AI-generated overview
This exceptional 15,216-square-foot warehouse, located at 1785 S 4490 W in Salt Lake City, Utah, presents a significant opportunity for businesses seeking ample space. The property sits on a 0.89-acre lot and features a two-story design. The warehouse boasts a generous ceiling height of 18 feet, providing ample vertical space for storage or operations. The building is currently entirely vacant, offering immediate occupancy. Electrical service is robust, with 400 Amp, 208 Volt, 3-phase power available. The property is zoned M-1, Light Industrial, allowing for a variety of industrial uses. The address is 1785 S 4490 W, Salt Lake City, UT 84104, conveniently located near the intersection of 4490 West and 1730 South. The property's APN is 15-18-326-008, and it is situated in Salt Lake County. The entire 15,216 square feet is available, making it ideal for a single tenant seeking a substantial space. This property is perfect for businesses requiring significant storage, manufacturing, or distribution capabilities. Inquire today to learn more about leasing or purchasing this prime industrial space.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,216 SF
Lot
0.89 ac (38,768 SF)
Zoning code
M1
APN
15-18-326-008
UPID
US86-0158994
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ophthalmologist (Bike/Boat/Book/etc) Store
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$653k
Blend (final)
Blend
$720k
Owner & transaction history
since 2023
7 recorded transactions
Zoning & alternative use
M1 · Salt Lake City, UT
Top alternative use upside
Auto repair, garage
$1.1M
+69.9%
Neighborhood: shopping center
$730,000
+12.7%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$720k
Value range
$648k – $792k
±10% around blend
Estimated value / SF
$47 / SF
Confidence
Property data
100
Comparable evidence
60
Income certainty
100
$648k
blend $720k
$792k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
15,216 SF
Lot area
0.89 ac
Year built
1998
Stories
1
APN
15-18-326-008
Zoning
M1
Assessed value
$2,619,200
Annual tax
$24,958
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$24,958
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$653k
Range $335k – $983k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$720k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+70%
vs current-use indication
Neighborhood: Shopping Center
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
7.88%
Selected cap rate for this warehouses
Derived from the Salt Lake City market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.88%
9.0%
NOI (est.)
$221k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.80M
Move the market yield to see immediate price impact.
Value / SF
$184
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.38%7.88%8.38%
$199k
$2.69M
$2.52M
$2.37M
$221k
$2.99M
$2.80M
$2.63M
$243k
$3.29M
$3.08M
$2.90M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$24,958
Tax year 2024
Assessed value
$2,619,200
Assessed 2024
Previous assessed
$2,619,200
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$498,200
Assessed improvement
$2,121,000
Land market value
$498,200
Improvement market value
$2,121,000
Total market value
$2,619,200
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
15,216 SF
Lot
0.89 ac (38,768 SF)
Zoning code
M1
APN
15-18-326-008
UPID
US86-0158994
Jurisdiction
SALT LAKE
Zoning & alternative use
M1 · Salt Lake City, UTZoning M1 · permitted uses
M1 · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.89 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M1
Jurisdiction
Salt Lake City, UT
Recorded code
M1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M1 in Salt Lake City, UT.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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