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Property profile & analytics
FOR SALE
Industrial properties
506 N 700 W, North Salt Lake, UT 84054
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0713741
For Sale
1 / 11
$2,750,000
506 N 700 W, North Salt Lake, UT 84054
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2008
Total area
7,700 SF
Lot
1 ac (43,560 SF)
Zoning code
MD
APN
01-083-0064
UPID
US86-0713741
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
-
Discover Mortgage Corporation Loan Service Bank
-
Gusto Builds Construction Company General Contractor
-
Surf Soccer Training Sports School
-
R&construction Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$740k
Comparable Approach
Comparable
$679k
Blend (final)
Blend
$710k
Owner & transaction history
Dcm Cama II LLC · 6 yrs held
Dcm Cama II LLC
since 2019
7 recorded transactions
Zoning & alternative use
MD · North Salt Lake, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+113.7%
Restaurant
$935,000
+96.7%
Apartment house (5+ units)
$660,000
+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%
$805,000
6.5%
$740,000
7%
$690,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$475,000
Current use
OFFICE BUILDING
$1,020,000
Change: +114% · Conversion: Difficult
RESTAURANT
$935,000
Change: +97% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$660,000
Change: +38% · Conversion: Difficult
AUTO REPAIR, GARAGE
$650,000
Change: +37% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$13,384
Tax year 2024
Assessed value
$712,512
Assessed 2024
Previous assessed
$712,512
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$203,643
Assessed improvement
$508,869
Land market value
$370,260
Improvement market value
$925,217
Total market value
$1,295,477
Applied tax rate
44.0000
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
For Sale
Year built
2008
Heating
SPACE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
7,700 SF
Lot
1 ac (43,560 SF)
Zoning code
MD
APN
01-083-0064
UPID
US86-0713741
Jurisdiction
DAVIS
Zoning & alternative use
MD · North Salt Lake, UT
Zoning 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
North Salt Lake. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$475,000
OFFICE BUILDING
Est. value
$1.0M
RESTAURANT
Est. value
$935,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$660,000
AUTO REPAIR, GARAGE
Est. value
$650,000
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
2008
Heating
SPACE
Cooling
Yes
Stories
1
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Dcm Cama II LLC
Entity
Mailing address
1708 S MTN VW BLVD, WOODS CROSS, UT 84087-2486
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2022
—
Dcm Cama II LLC
—
Deed
related
$1,600,000 · Security Mutual Life Insurance Company O
Dec 17, 2019
—
Dcm Cama II LLC
Austin Bill Kary Enterprises LLC
Warranty Deed
$910,000 · Hillcrest Bank
Mar 27, 2019
—
Austin Bill & Kary Ents LLC
—
Deed
related
$550,000 · Actium High Yield Ln Fund III
Sep 22, 2006
—
Austin Bill & Kary Ents LLC
Whitecar G & N Fam Trust
Warranty Deed
—
May 4, 2006
—
Whitecar George
Whitecar Family Trust
Quit Claim Deed
related
—
—
—
Austin Bill & Kary Ents LLC
—
Deed Of Trust
related
$550,000 · Actium High Yield Ln Fund III
—
—
Austin Bill & Kary Ents LLC
—
Deed Of Trust
related
—
—
—
Austin Bill & Kary Ents LLC
—
Deed Of Trust
related
$105,000 · Connie Wong
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?”
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