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Property profile & analytics
OFF-MARKET
Estimated value
$2,105,000
Warehouses
4750 Wiley Post Way Salt Lake City, UT 84116-2810
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US86-0565790
Property summary
AI-generated overview
This Salt Lake City industrial property at 4750 West Wiley Post Way, UT 84116 offers multiple warehouse and flex spaces for lease. The property consists of two buildings, providing a total of six available units ranging from 5,400 to 19,471 contiguous square feet. Building 1 offers suites ranging from 6,411 to 12,534 square feet, with some units featuring 10' x 10' grade-level doors. Building 5 offers a 5,400 square foot space with tenant improvement allowances. The property boasts a Class C rating, 3-phase power (208V), and ceiling heights ranging from 9 to 16 feet. Features include exposed brick interior walls in Building 5, fire sprinklers, and ample parking (3.2 spaces per 1,000 square feet). The location provides convenient access to Salt Lake International Airport, public bus lines, and Interstate 80. Fiber optic internet availability is also a key feature. Reduced rates are currently available. Minimum divisible space is 5,400 square feet.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
64,457 SF
Lot
4.9 ac (213,444 SF)
Zoning code
M1
APN
08-31-303-012
UPID
US86-0565790
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
-
Utah Scientific Industrial Manufacturer Production Facility
-
EMS LOGIK Industrial Manufacturer Production Facility
-
Western States Design & Build Construction Company General Contractor
-
XCR Diagnostics Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.55M
Blend (final)
Blend
$2.11M
Owner & transaction history
Airport Business Center LLC
Airport Business Center LLC
since 2025
3 recorded transactions
Zoning & alternative use
M1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.1M
+10.1%
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
$1,655,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,810,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,095,000
Change: +10% · Conversion: Moderate
OFFICE BUILDING
$2,775,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$2.11M
Range $1.89M – $2.32M · ±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
$33 / 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
$92,720
Tax year 2024
Assessed value
$9,730,300
Assessed 2024
Previous assessed
$9,730,300
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$2,534,600
Assessed improvement
$7,195,700
Land market value
$2,534,600
Improvement market value
$7,195,700
Total market value
$9,730,300
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
5
Total area
64,457 SF
Lot
4.9 ac (213,444 SF)
Zoning code
M1
APN
08-31-303-012
UPID
US86-0565790
Jurisdiction
SALT LAKE
Zoning & alternative use
M1 · Salt Lake City, UT
Zoning M1 · permitted uses
M1 · 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
WAREHOUSE, STORAGE Current
Est. value
$2.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.8M
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
5
Lot
4.9 ac
Current owner
From public records · entity-resolved
Airport Business Center LLC
Entity
Mailing address
488 E WINCHESTER ST STE #325, MURRAY, UT 84107-7700
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2025
—
Airport Business Center LLC
Wiley Post Plaza Lc
Special Warranty Deed
—
Feb 27, 2013
—
Wiley Post Plaza Lc
—
Deed Of Trust
related
$5,950,000 · Transamerica Life Insurance Co
Feb 14, 2003
—
Wiley Post Plaza Lc
Praver,tr
Deed Of Trust
related
$5,600,000 · Transamerica Occidental Life
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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