Entity Owned Property summary
AI-generated overview
The property is a warehouse facility with 155,360 square feet of space located in Magna, Utah. It is configured and suitable for warehouse, industrial, and distribution uses.
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Total area
328,000 SF
Lot
18.04 ac (785,822 SF)
Zoning code
IP-M
APN
14-22-101-018
UPID
US86-1426883
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.31M
Blend (final)
Blend
$19.82M
Owner & transaction history
since 2021
1 recorded transaction
Zoning & alternative use
IP-M · Magna, UT
Top alternative use upside
Auto repair, garage
$26.2M
+18.7%
Apartment house (5+ units)
$22.2M
+0.4%
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.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 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
$19.82M
Value range
$17.83M – $21.80M
±10% around blend
Estimated value / SF
$60 / SF
Confidence
Property data
88
Comparable evidence
60
$17.83M
blend $19.82M
$21.80M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
328,000 SF
Lot area
18.04 ac
Stories
1
APN
14-22-101-018
Zoning
IP-M
Assessed value
$40,127,200
Annual tax
$513,869
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$16.31M
Range $14.13M – $34.55M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$19.82M
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
+19%
vs current-use indication
Apartment House (5+ Units)
Warehouse, Storage · current use
Neighborhood: Shopping Center
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
Not available
Market rent
Not available
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: replacement-cost inputs are not on file.
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
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$40.13M
Move the market yield to see immediate price impact.
Value / SF
$122
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
5.00%7.00%9.00%
$2.53M
$50.56M
$36.11M
$28.09M
$2.81M
$56.18M
$40.13M
$31.21M
$3.09M
$61.80M
$44.14M
$34.33M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$513,869
Tax year 2024
Assessed value
$40,127,200
Assessed 2024
Previous assessed
$40,127,200
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$9,032,200
Assessed improvement
$31,095,000
Land market value
$9,032,200
Improvement market value
$31,095,000
Total market value
$40,127,200
Applied tax rate
29.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Heating
SPACE
Stories
1
Units
1
Total area
328,000 SF
Lot
18.04 ac (785,822 SF)
Zoning code
IP-M
APN
14-22-101-018
UPID
US86-1426883
Jurisdiction
SALT LAKE
Zoning & alternative use
IP-M · Magna, UTZoning IP-M · permitted uses
IP-M · Magna, 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
Heating
SPACE
Stories
1
Units
1
Lot
18.04 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
IP-M
Jurisdiction
Magna, UT
Recorded code
IP-M
Ownership Intelligence
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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
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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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