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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Industrial properties
220 Redwood Rd North Salt Lake, UT 84054-2753
Entity Owned
~
Est. High Equity
Property ID
US86-0073056
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,685 SF
Lot
1.28 ac (55,757 SF)
Zoning code
MD
APN
01-083-0076
UPID
US86-0073056
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
-
Utahs Auto Care Auto Repair Shop
-
JR tire and service Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$950k
Owner & transaction history
Superchill Properties Nsl2 LLC
Superchill Properties Nsl2 LLC
since 2025
7 recorded transactions
Zoning & alternative use
MD · North Salt Lake, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide areas in appropriate locations where light manufacturing, industrial processes and warehousing not producing objectionable effects may be established
Zone name
Manufacturing Distribution
General category
INDUSTRIAL
Zone area
1,139.55 ac
Source
Realmo
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 North Salt Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Salt Lake 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
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,340,000
Current use
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$44 / 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
$20,429
Tax year 2024
Assessed value
$1,130,248
Assessed 2024
Previous assessed
$1,130,248
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$257,309
Assessed improvement
$872,939
Land market value
$467,836
Improvement market value
$1,587,163
Total market value
$2,054,999
Applied tax rate
244.0000
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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
4
Total area
21,685 SF
Lot
1.28 ac (55,757 SF)
Zoning code
MD
APN
01-083-0076
UPID
US86-0073056
Jurisdiction
DAVIS
Zoning & alternative use
MD · North Salt Lake, UTZoning MD · permitted uses
MD · North Salt Lake, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide areas in appropriate locations where light manufacturing, industrial processes and warehousing not producing objectionable effects may be established
Zone name
Manufacturing Distribution
General category
INDUSTRIAL
Zone area
1,139.55 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.3M
INDUSTRIAL (GENERAL) Current
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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
4
Lot
1.28 ac
Current owner
From public records · entity-resolved
Superchill Properties Nsl2 LLC
Entity
Mailing address
PO BOX 136, WILLARD, UT 84340-0136
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2025
—
Superchill Properties Nsl2 LLC
Superchill Properties LLC
Deed
related
—
Jun 2, 2022
—
Superchill Properties LLC
Benchmark Holding LLC
Warranty Deed
$4,237,500 · University First FCU
Jul 9, 2019
—
Br 210 LLC
Bluemountain INC
Warranty Deed
$3,600,000 · Cache Valley Bank
Oct 5, 2018
—
Br 210 LLC
Bluemuntain INC
Quit Claim Deed
related
$1,687,000 · Keystone R/e Lndg Fund LP
Sep 10, 2018
—
Bluemountain INC
Slc House 7 LLC
Warranty Deed
$2,750,000 · Benchmark Holding LLC
Feb 11, 2008
—
Slc House 7 LLC
Cavanaugh & Associates LLC
Warranty Deed
—
Jun 14, 2005
—
Cavanaugh & Associates LLC
Cavanaugh George L Trust
Quit Claim Deed
related
—
Feb 28, 2005
—
Cavanaugh & Associates LLC
Cavanaugh,george L & Marie B
Quit Claim Deed
related
—
Aug 6, 1998
—
Harwood Park LLC
Harwood Trust
Quit Claim Deed
related
$1,475,000 · Government Personnel Mutual
—
—
Slc House 7 LLC
—
Deed Of Trust
related
$1,400,000 · First Republic Bank
—
—
Slc House 7 LLC
—
Deed Of Trust
related
$1,124,540 · First Republic Bk
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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