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Property profile & analytics
FOR LEASE
Manufacturing properties
1960 S 4250 W Salt Lake City, UT 84104
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US86-0283204
For Lease
1 / 10
$3,465,000
1960 S 4250 W, Salt Lake City, UT 84104
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1993
Construction
STEEL FRAME
Total area
155,494 SF
Lot
8.37 ac (364,597 SF)
Zoning code
M-1
APN
15-18-401-005
UPID
US86-0283204
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
-
PolarityTE Pharmacy
-
PolarityTE Inc Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.47M
Owner & transaction history
1960 South 4250 West LLC · 3 yrs held
1960 South 4250 West LLC
since 2022
7 recorded transactions
Zoning & alternative use
M-1 · Salt Lake City, 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 Salt Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salt Lake City 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$22 / 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
$197,869
Tax year 2024
Assessed value
$20,764,900
Assessed 2024
Previous assessed
$20,764,900
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$3,907,000
Assessed improvement
$16,857,900
Land market value
$3,907,000
Improvement market value
$16,857,900
Total market value
$20,764,900
Applied tax rate
13.0000
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
For Lease
Year built
1993
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Buildings
5
Stories
1
Total area
155,494 SF
Lot
8.37 ac (364,597 SF)
Zoning code
M-1
APN
15-18-401-005
UPID
US86-0283204
Jurisdiction
SALT LAKE
Zoning & alternative use
M-1 · Salt Lake City, UT
Zoning M-1 · permitted uses
M-1 · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salt Lake City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Lot
8.37 ac
Current owner
From public records · entity-resolved
1960 South 4250 West LLC
Entity
Mailing address
1960 S 4250TH W, SALT LAKE CITY, UT 84104-4836
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Nov 30, 2022
—
1960 South 4250 West LLC
Adcomp LLC
Special Warranty Deed
—
Feb 13, 2017
—
Adcomp LLC
Donna Smile
Special Warranty Deed
$400,000 · Zb NA
Dec 27, 2016
—
Joanne Crook
Namdar Lc
Grant Deed
—
Apr 27, 2009
—
Namdar Lc
—
Deed Of Trust
related
$3,000,000 · Key Bank & Trust
Nov 13, 2007
—
Namdar Lc
Ivy Properties LLC
Grant Deed
—
May 8, 2001
—
Ivy Properties LLC
Weider Nutrition Group INC
Grant Deed
$3,960,000 · Wells Fargo Financial Bank
—
—
Namdar Lc
—
Deed Of Trust
related
$901,000 · Key Bank & Trust
—
—
Ivy Properties LLC
—
Deed Of Trust
related
$3,950,000 · Transamerica Occidental Life
—
—
Weider Nutrition Group INC
—
Deed Of Trust
related
$90,000 · Bankers Trust Co
—
—
Namdar Lc
—
Deed Of Trust
related
$4,500,000 · Key Bank & Trust
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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