Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Industrial properties
480 900th N North Salt Lake, UT 84054-2612
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0718799
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,000 SF
Lot
8.16 ac (355,450 SF)
Zoning code
MD
APN
01-083-0019
UPID
US86-0718799
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
-
Teton Petroleum Transport Freight Service Logistics Company
-
Senergy Petroleum - Bulk Plant Oil And Gas Exploration Service
-
Basin Western Inc Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.11M
Owner & transaction history
North Salt Lake Property LLC · 3 yrs held
North Salt Lake Property LLC
since 2022
5 recorded transactions
Zoning & alternative use
MD · North Salt Lake, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide areas in appropriate locations where light manufacturing, industrial processes and warehousing not producing objectionable effects may be established
Zone name
Manufacturing Distribution
General category
INDUSTRIAL
Zone area
1,139.55 ac
Source
Realmo
Top alternative use upside
Office building
$1.6M
+113.7%
Restaurant
$1.5M
+96.7%
Apartment house (5+ units)
$1.0M
+38.1%
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 North Salt Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Salt Lake 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%
$1,250,000
6.5%
$1,155,000
7%
$1,075,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$745,000
Current use
OFFICE BUILDING
$1,585,000
Change: +114% · Conversion: Difficult
RESTAURANT
$1,460,000
Change: +97% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,025,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,015,000
Change: +37% · Conversion: Easy
Blend value · Realmo final
$1.11M
Range $995k – $1.22M · ±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
$92 / 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
$28,520
Tax year 2024
Assessed value
$1,577,906
Assessed 2024
Previous assessed
$1,577,906
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$1,295,889
Assessed improvement
$282,017
Land market value
$2,356,163
Improvement market value
$512,759
Total market value
$2,868,922
Applied tax rate
244.0000
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
SPACE
Stories
1
Units
1
Total area
12,000 SF
Lot
8.16 ac (355,450 SF)
Zoning code
MD
APN
01-083-0019
UPID
US86-0718799
Jurisdiction
DAVIS
Zoning & alternative use
MD · North Salt Lake, UTZoning MD · permitted uses
MD · North Salt Lake, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide areas in appropriate locations where light manufacturing, industrial processes and warehousing not producing objectionable effects may be established
Zone name
Manufacturing Distribution
General category
INDUSTRIAL
Zone area
1,139.55 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$745,000
OFFICE BUILDING
Est. value
$1.6M
RESTAURANT
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.0M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
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
1995
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Lot
8.16 ac
Current owner
From public records · entity-resolved
North Salt Lake Property LLC
Entity
Mailing address
1568 E 17TH ST, IDAHO FALLS, ID 83404-6367
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2022
—
North Salt Lake Property LLC
Ballard Land & Livestock LLC
Warranty Deed
$8,000,000 · Ballard Land & Livestock LLC
Aug 5, 2002
—
Ballard Land & Livestock LLC
Basin Western INC
Quit Claim Deed
related
—
Oct 14, 1994
—
Basin Western INC
Hughes & Hughes Investment
Quit Claim Deed
related
—
Aug 25, 1994
—
Hughes Cor
Beneficial Development Co
Grant Deed
related
—
—
—
Basin Westtern INC
—
Deed Of Trust
related
$500,000 · John J Terry Retirement Plan
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 480 900th N?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
