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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Warehouses
3852 5400th S, Taylorsville, UT 84129-3549
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0290439
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Total area
6,930 SF
Lot
0.76 ac (33,106 SF)
Zoning code
C-2
APN
21-08-357-031
UPID
US86-0290439
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$386k
Blend (final)
Blend
$630k
Owner & transaction history
Mjb Properties LLC · 3 yrs held
Mjb Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
C-2 · Taylorsville, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$915,000
+135.9%
Retail stores
$875,000
+126.3%
Restaurant
$865,000
+123.0%
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 Taylorsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Taylorsville 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
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$390,000
Current use
MEDICAL BUILDING
$915,000
Change: +136% · Conversion: Difficult
RETAIL STORES
$875,000
Change: +126% · Conversion: Moderate
RESTAURANT
$865,000
Change: +123% · Conversion: Difficult
COMMERCIAL (GENERAL)
$735,000
Change: +89% · Conversion: Difficult
AUTO REPAIR, GARAGE
$550,000
Change: +42% · Conversion: Easy
Blend value · Realmo final
$630k
Range $567k – $693k · ±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
$91 / 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
$12,898
Tax year 2024
Assessed value
$1,078,100
Assessed 2024
Previous assessed
$1,078,100
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$579,300
Assessed improvement
$498,800
Land market value
$579,300
Improvement market value
$498,800
Total market value
$1,078,100
Applied tax rate
63.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Heating
NONE
Buildings
5
Stories
1
Units
26
Total area
6,930 SF
Lot
0.76 ac (33,106 SF)
Zoning code
C-2
APN
21-08-357-031
UPID
US86-0290439
Jurisdiction
SALT LAKE
Zoning & alternative use
C-2 · Taylorsville, UT
Zoning C-2 · permitted uses
C-2 · Taylorsville, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Taylorsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$390,000
MEDICAL BUILDING
Est. value
$915,000
RETAIL STORES
Est. value
$875,000
RESTAURANT
Est. value
$865,000
COMMERCIAL (GENERAL)
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$550,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
2019
Heating
NONE
Stories
1
Buildings
5
Units
26
Lot
0.76 ac
Current owner
From public records · entity-resolved
Mjb Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
5231 S EASTMOOR RD, HOLLADAY, UT 84117-6916
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2022
—
Mjb Properties LLC
Matthew S Boardman
Warranty Deed
—
Nov 1, 2021
—
Ira 1024 LLC
54 Storage LLC
Warranty Deed
—
Jun 21, 2018
—
54 Storage LLC
—
Trustees Deed
related
$913,750 · Deseret First FCU
Jul 26, 2017
—
54 Storage LLC
Knowlton,brian E
Warranty Deed
$214,000 · Deseret First FCU
Jul 21, 2017
—
Ming Xiao
Xiong,shaoqin
Grant Deed
—
Jul 19, 2007
—
Shaoqin Xiong
Watercrest Realestate Mgmt LLC
Warranty Deed
—
Jan 24, 2007
—
Watercrest Realestate Mgmt LLC
Westwood Marjean Fam Trust
Warranty Deed
—
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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