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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Industrial properties
473 4800th S Salt Lake City, UT 84123-4663
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US86-0336959
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,744 SF
Lot
0.69 ac (30,056 SF)
Zoning code
MCMU
APN
21-12-129-021
UPID
US86-0336959
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
-
GSH Geotechnical Consultants Civil Engineer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$642k
Blend (final)
Blend
$695k
Owner & transaction history
Gsh Holdings INC · 15 yrs held
Gsh Holdings INC
since 2011
7 recorded transactions
Zoning & alternative use
MCMU · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+76.6%
Auto repair, garage
$785,000
+31.4%
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
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$595,000
Current use
MEDICAL BUILDING
$1,055,000
Change: +77% · Conversion: Difficult
AUTO REPAIR, GARAGE
$785,000
Change: +31% · Conversion: Easy
WAREHOUSE, STORAGE
$575,000
Change: -3% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$510,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$71 / 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
$13,017
Tax year 2024
Assessed value
$1,587,800
Assessed 2024
Previous assessed
$1,587,800
+0.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$297,600
Assessed improvement
$1,290,200
Land market value
$297,600
Improvement market value
$1,290,200
Total market value
$1,587,800
Applied tax rate
21.0000
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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Units
1
Total area
9,744 SF
Lot
0.69 ac (30,056 SF)
Zoning code
MCMU
APN
21-12-129-021
UPID
US86-0336959
Jurisdiction
SALT LAKE
Zoning & alternative use
MCMU · Salt Lake City, UT
Zoning MCMU · permitted uses
MCMU · 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
$595,000
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$785,000
WAREHOUSE, STORAGE
Est. value
$575,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$510,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Gsh Holdings INC
Entity
Mailing address
473 W 4800TH S, MURRAY, UT 84123-4663
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
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
May 13, 2011
—
Gsh Holdings INC
Ghs Holdings INC
Corporation Deed
$232,000 · Mountain West Small Business Financ
Mar 16, 2011
—
Ghs Holdings INC
Zions First Natl Bk
Grant Deed
$538,900 · Zions First National Bank
Jan 21, 2011
—
Zions First Natl Bk
Augusta Investments LLC
Grant Deed
—
Jan 11, 2007
—
Utah Buildings LLC
Hillside Lakeshore Corp
Warranty Deed
related
—
Jan 28, 2004
—
Augusta Investments LLC
Newsletter Ink Corp
Grant Deed
related
—
Sep 26, 2003
—
Newsletters Ink Corp
First National Bank Layton
Grant Deed
$1,006,000 · First National Bank Layton
Apr 7, 2000
—
Forshee Auto Sales INC
Maruyama,terry T
Grant Deed
$910,000 · First National Bank Layton
—
—
Augusta Investments LLC
—
Deed Of Trust
related
$989,000 · Zions First National Bank
—
—
Forshee Auto Sales INC
—
Deed Of Trust
related
$472,000 · Greater Salt Lake Business Dis
—
—
Forshee Auto Sales INC
—
Deed Of Trust
related
$500,000 · First National Bank Layton
—
—
Forshee Auto Sales INC
—
Deed Of Trust
related
$285,879 · First National Bank Layton
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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