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Property profile & analytics
OFF-MARKET
Warehouses
2212 7400th S South Weber, UT 84405-9802
Individually Owned
31-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0169713
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1995
Total area
2,172 SF
Lot
1.07 ac (46,609 SF)
Zoning code
T-1
APN
13-009-0021
UPID
US86-0169713
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Richard D Hendrickson · 31 yrs held
Richard D Hendrickson
since 1994
1 recorded transaction
Zoning & alternative use
T-1 · South Weber, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of T-1 district is to provide a zone which will act as a buffer between residential uses and natural resource excavations and where some industrial uses are appropriate
Zone name
Transitional Light Industrial Zone
General category
INDUSTRIAL
Zone area
17.21 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 South Weber submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Weber 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
—
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
$4,833
Tax year 2024
Assessed value
$269,837
Assessed 2024
Previous assessed
$269,837
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$128,177
Assessed improvement
$141,660
Land market value
$233,050
Improvement market value
$257,564
Total market value
$490,614
Applied tax rate
47.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1995
Heating
NONE
Buildings
2
Stories
1
Units
14
Total area
2,172 SF
Lot
1.07 ac (46,609 SF)
Zoning code
T-1
APN
13-009-0021
UPID
US86-0169713
Jurisdiction
DAVIS
Zoning & alternative use
T-1 · South Weber, UTZoning T-1 · permitted uses
T-1 · South Weber, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of T-1 district is to provide a zone which will act as a buffer between residential uses and natural resource excavations and where some industrial uses are appropriate
Zone name
Transitional Light Industrial Zone
General category
INDUSTRIAL
Zone area
17.21 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Stories
1
Buildings
2
Units
14
Lot
1.07 ac
Current owner
From public records · entity-resolved
Richard D Hendrickson
Individual
Mailing address
2807 WALLACE CIR, OGDEN, UT 84403-5421
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1994
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 1994
—
Richard D Hendrickson
Stanbridge,r L
Quit Claim Deed
related
$138,000 · Bank Of Utah
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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