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Property profile & analytics
OFF-MARKET
Estimated value
$5,210,000
Manufacturing properties
265 5200th W Salt Lake City, UT 84104-6007
Entity Owned
18-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0401607
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
93,726 SF
Lot
10.74 ac (467,834 SF)
Zoning code
IP-M-1
APN
14-01-251-002
UPID
US86-0401607
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
-
Dematic Material Handling Equipment Supplier
-
Dematic Automated Library System Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.72M
Blend (final)
Blend
$5.21M
Owner & transaction history
Fr Of Cal Firstpark Slc LLC · 18 yrs held
Fr Of Cal Firstpark Slc LLC
since 2008
4 recorded transactions
Zoning & alternative use
IP-M-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.8M
+84.0%
Neighborhood: shopping center
$4.5M
+22.1%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,685,000
Current use
AUTO REPAIR, GARAGE
$6,775,000
Change: +84% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,500,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$5.21M
Range $4.69M – $5.73M · ±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
$56 / 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
$179,871
Tax year 2024
Assessed value
$18,876,200
Assessed 2024
Previous assessed
$18,876,200
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$7,517,600
Assessed improvement
$11,358,600
Land market value
$7,517,600
Improvement market value
$11,358,600
Total market value
$18,876,200
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
Off-Market
Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
3
Stories
1
Total area
93,726 SF
Lot
10.74 ac (467,834 SF)
Zoning code
IP-M-1
APN
14-01-251-002
UPID
US86-0401607
Jurisdiction
SALT LAKE
Zoning & alternative use
IP-M-1 · Salt Lake City, UT
Zoning IP-M-1 · permitted uses
IP-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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$6.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
3
Lot
10.74 ac
Current owner
From public records · entity-resolved
Fr Of Cal Firstpark Slc LLC
Entity
Free & Clear · 18 yrs held
Mailing address
111 E WACKER DR STE #900, CHICAGO, IL 60601-4304
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2017
—
5200 West LLC
—
Deed
related
$5,500,000 · Miscellaneous Ins Co
Jun 9, 2008
—
Fr Of Cal Firstpark Slc LLC
Salt Lake City Corp
Quit Claim Deed
related
—
Jun 8, 2007
—
5200 West LLC
First Industrial Investment INC
Special Warranty Deed
$5,300,000 · Countrywide Commercial Real Estate
—
—
5200 West LLC
—
Deed Of Trust
related
$5,500,000 · Miscellaneous Ins Co
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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