Back to Search
Property profile & analytics
OFF-MARKET
Industrial properties
480 Century Dr Salt Lake City, UT 84123-2534
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US86-0013003
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,056 SF
Lot
0.45 ac (19,602 SF)
Zoning code
MGC
APN
21-01-177-009
UPID
US86-0013003
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
-
T J Enterprises & Acoustical Hardware & Home Improvement Interior Design
-
Lock & Load Ammo Association Or Organization
-
Strategic Sciences (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Gurule Properties LLC · 3 yrs held
Gurule Properties LLC
since 2023
7 recorded transactions
Zoning & alternative use
MGC · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$8,793
Tax year 2024
Assessed value
$1,051,300
Assessed 2024
Previous assessed
$1,051,300
+0.0% YoY
Effective rate
0.84%
On assessed value
Assessed land
$271,400
Assessed improvement
$779,900
Land market value
$271,400
Improvement market value
$779,900
Total market value
$1,051,300
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
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
4,056 SF
Lot
0.45 ac (19,602 SF)
Zoning code
MGC
APN
21-01-177-009
UPID
US86-0013003
Jurisdiction
SALT LAKE
Zoning & alternative use
MGC · Salt Lake City, UT
Zoning MGC · permitted uses
MGC · 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.
Building & site characteristics
From public records
Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Gurule Properties LLC
Entity
Mailing address
480 W CENTURY DR, MURRAY, UT 84123-2534
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
—
Gurule Properties LLC
—
Deed
related
$400,000 · David B Keriney
Jun 13, 2023
—
Gurule Properties LLC
Gurule Properties LLC
Intrafamily Transfer
related
$60,000 · Rob Haertel INC
Mar 15, 2021
—
Gurule Properties INC
—
Deed
related
$740,000 · Rob Haertel INC
Dec 11, 2020
—
Gurule Properties INC
—
Deed
related
$289,351 · 2020 LLC
Aug 24, 2020
—
Gurule Properties INC
—
Deed
related
$289,351 · 2020 LLC
Nov 21, 2019
—
Gurule Properties INC
—
Trustees Deed
related
$226,800 · Capital Assets 401(k) Plan
Aug 5, 2005
—
Gurule Properties INC
Rdlc Management
Warranty Deed
$280,000 · Rdlc Management
—
—
Ents Tj
—
Deed Of Trust
related
$350,000 · Terry Gurule
—
—
Gurule Properties INC
—
Loan Modification
related
$289,351 · 2020 LLC
—
—
Gurule Properties INC
—
Deed Of Trust
related
$289,351 · 2020 LLC
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 Century Dr?
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.
