Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$480,000
Industrial properties
1998 2425th S Woods Cross, UT 84087-2445
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US86-0368275
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
15,480 SF
Lot
1.58 ac (68,825 SF)
Zoning code
I-1
APN
06-284-0207
UPID
US86-0368275
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
by Request
CAP Approach
CAP
$1.49M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$480k
Owner & transaction history
Gkr Investments LLC · 18 yrs held
Gkr Investments LLC
since 2008
2 recorded transactions
Zoning & alternative use
I-1 · Woods Cross, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
MERCIAL ZONE C-2 CHAPTER 12-15 COMMUNITY COMMERCIAL ZONE C2-A CHAPTER 12-16 REGIONAL COMMERCIAL ZONE C-3 CHAPTER 12-17 SPECIAL USE ZONE S-1 CHAPTER 12-18 AIRPORT ZONE AP CHAPTER 12-19 LIGHT INDUSTRIAL-BUSINESS PARK ZONE I-1 CHAPTER 12-20 LIGHT INDUSTRIAL I-1A CHAPTER 12-21 HEAVY INDUSTRIAL I-2 CHAPTER 12-22 CONDITIONAL USES CHAPTER 12-23 SITE PLAN REVIEW CHA…
Zone name
Light Industrial And Business Park Zone
General category
INDUSTRIAL
Zone area
401.46 ac
Source
Chapter 12-1
Top alternative use upside
Office building
$2.0M
+52.9%
Restaurant
$1.8M
+42.0%
Apartment house (5+ units)
$1.6M
+22.0%
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 Woods Cross submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woods Cross 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,615,000
6.5%
$1,490,000
7%
$1,385,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,300,000
Current use
OFFICE BUILDING
$1,985,000
Change: +53% · Conversion: Difficult
RESTAURANT
$1,845,000
Change: +42% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,585,000
Change: +22% · Conversion: Difficult
RETAIL STORES
$1,570,000
Change: +21% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$1,195,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$480k
Range $432k – $528k · ±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
$31 / 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
$13,640
Tax year 2024
Assessed value
$717,291
Assessed 2024
Previous assessed
$717,291
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$314,809
Assessed improvement
$402,482
Land market value
$572,380
Improvement market value
$731,787
Total market value
$1,304,167
Applied tax rate
70.0000
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
Off-Market
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Total area
15,480 SF
Lot
1.58 ac (68,825 SF)
Zoning code
I-1
APN
06-284-0207
UPID
US86-0368275
Jurisdiction
DAVIS
Zoning & alternative use
I-1 · Woods Cross, UTZoning I-1 · permitted uses
I-1 · Woods Cross, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
MERCIAL ZONE C-2 CHAPTER 12-15 COMMUNITY COMMERCIAL ZONE C2-A CHAPTER 12-16 REGIONAL COMMERCIAL ZONE C-3 CHAPTER 12-17 SPECIAL USE ZONE S-1 CHAPTER 12-18 AIRPORT ZONE AP CHAPTER 12-19 LIGHT INDUSTRIAL-BUSINESS PARK ZONE I-1 CHAPTER 12-20 LIGHT INDUSTRIAL I-1A CHAPTER 12-21 HEAVY INDUSTRIAL I-2 CHAPTER 12-22 CONDITIONAL USES CHAPTER 12-23 SITE PLAN REVIEW CHAPTER 12-24 OFF-STREET PARKING AND LOADING CHAPTER 12-25 LANDSCAPE STANDARDS CHAPTER
Zone name
Light Industrial And Business Park Zone
General category
INDUSTRIAL
Zone area
401.46 ac
Source
Chapter 12-1
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$2.0M
RESTAURANT
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
Gkr Investments LLC
Entity
Mailing address
PO BOX 228, MORGAN, UT 84050-0228
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2008
—
Gkr Investments LLC
Russell,gene & Kelly A
Quit Claim Deed
related
—
Jan 4, 2007
—
Gene Russell
Woods Cross City
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 1998 2425th S?
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.
