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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Warehouses
5174 Liberator Dr Salt Lake City, UT 84118-6333
Individually Owned
Absentee Owner
Free & Clear
Property ID
US86-0043470
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
20,580 SF
Lot
3.47 ac (151,153 SF)
Zoning code
M-2
APN
20-12-201-024
UPID
US86-0043470
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
$2.62M
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$1.90M
Owner & transaction history
Chuong Ho
Chuong Ho
since 2025
7 recorded transactions
Zoning & alternative use
M-2 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.7M
+106.5%
Restaurant
$2.3M
+76.5%
Commercial (general)
$2.1M
+57.0%
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
$1,245,000
CAP Approach
CAP Return
Estimation
6%
$2,830,000
6.5%
$2,615,000
7%
$2,425,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,315,000
Current use
MEDICAL BUILDING
$2,715,000
Change: +106% · Conversion: Difficult
RESTAURANT
$2,320,000
Change: +76% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,065,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$1,905,000
Change: +45% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,640,000
Change: +25% · Conversion: Easy
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±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
$146,333
Tax year 2024
Assessed value
$10,802,700
Assessed 2024
Previous assessed
$10,802,700
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$1,896,200
Assessed improvement
$8,906,500
Land market value
$1,896,200
Improvement market value
$8,906,500
Total market value
$10,802,700
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
Heating
SPACE
Buildings
3
Stories
1
Units
10
Total area
20,580 SF
Lot
3.47 ac (151,153 SF)
Zoning code
M-2
APN
20-12-201-024
UPID
US86-0043470
Jurisdiction
SALT LAKE
Zoning & alternative use
M-2 · Salt Lake City, UT
Zoning M-2 · permitted uses
M-2 · 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
$1.3M
MEDICAL BUILDING
Est. value
$2.7M
RESTAURANT
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.1M
RETAIL STORES
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.6M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
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
Heating
SPACE
Stories
1
Buildings
3
Units
10
Lot
3.47 ac
Current owner
From public records · entity-resolved
Chuong Ho
Individual
Free & Clear · 0 yrs held
Mailing address
831 E PIONEER RD, DRAPER, UT 84020-1879
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2025
—
Chuong Ho
Fs Kearns LLC
Warranty Deed
—
Aug 12, 2025
—
T21 LLC
Fs Kearns LLC
Warranty Deed
—
Jun 25, 2025
—
Lamar R Monroe & Sons INC
Kenneth Scott Howard
Warranty Deed
—
Apr 17, 2025
—
Ssl2015 LLC
Fs Kearns LLC
Warranty Deed
—
Dec 28, 2023
—
Jl Springville LLC
Fs Kearns LLC
Warranty Deed
—
Dec 22, 2023
—
Cc Cypress LLC
Fs Kearns LLC
Quit Claim Deed
related
—
Nov 29, 2023
—
Fs Kearns LLC
Coco Development Lindon LLC
Warranty Deed
—
Sep 8, 2023
—
Kimberli Howard
Kenneth Scott Howard
Intrafamily Transfer
related
—
Jun 1, 2023
—
Fs Kearns LLC
Regents Park Brixton LLC
Warranty Deed
—
Oct 26, 2022
—
Goodall Investments LLC
Coco Development Lindon LLC
Warranty Deed
—
Oct 12, 2022
—
Lita Alger
Regents Park Brixton LLC
Warranty Deed
—
Oct 11, 2022
—
Pence Howard
Regents Park Brixton LLC
Warranty Deed
—
Sep 19, 2022
—
Ksh Hi LLC
Russell Square Brixton LLC
Warranty Deed
—
Jun 29, 2022
—
Regents Park Brixton LLC
Regents Park Brixton LLC
Correction Deed
related
$6,897,000 · Sunwest Bank
Mar 18, 2022
—
Russell Square Brixton LLC
Regent S Park Brixton LLC
Warranty Deed
—
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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