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Property profile & analytics
OFF-MARKET
Industrial properties
520 850th E Lehi, UT 84043-4142
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0553817
Property summary
AI-generated overview
This exceptional 4,900-square-foot single-tenant flex space in Lehi, Utah, presents a unique opportunity. Located at 520 S 850 E, 84043, this end-cap unit offers a versatile layout ideal for various businesses. The space boasts 751 square feet of office area and 4,149 square feet of warehouse space. Office features include a reception area, two offices, two restrooms, and a storage room, complemented by a mezzanine for additional storage or workspace. The warehouse area is climate-controlled with heating and air conditioning, ensuring year-round comfort. Access is convenient via one 12' x 14' grade-level door. The warehouse benefits from a 24' clear height and an ESFR sprinkler system. Power is provided by a 3-phase system with 120-208 volts and 200 amps per unit. The property's strategic location provides easy access to two convenient I-15 interchanges. The lease rate is $1.35 per square foot, NNN. This property is situated in Utah County.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2014
Total area
32,072 SF
Lot
6.47 ac (281,746 SF)
APN
66-255-0001
UPID
US86-0553817
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
-
Design Build Contractors Construction Company General Contractor
-
South Mountain Community Church Lehi Campus Church
-
Qelo Capital Corporate Office Financial Advisor
-
Analytical Resource Laboratories (ARL) Laboratory
-
Sparkfish Inc (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
Willow Creek Court LLC · 12 yrs held
Willow Creek Court LLC
since 2014
7 recorded transactions
Zoning & alternative use
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 Lehi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehi 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 2023Property tax & assessments
Tax year 2023
Tax billed
$135,910
Tax year 2023
Assessed value
$17,269,400
Assessed 2023
Previous assessed
$17,269,400
+0.0% YoY
Effective rate
0.79%
On assessed value
Land market value
$2,821,400
Improvement market value
$14,448,000
Total market value
$17,269,400
Applied tax rate
10.0000
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
2014
Heating
SPACE
Cooling
YES
Buildings
3
Stories
1
Total area
32,072 SF
Lot
6.47 ac (281,746 SF)
APN
66-255-0001
UPID
US86-0553817
Jurisdiction
UTAH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2014
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Lot
6.47 ac
Current owner
From public records · entity-resolved
Willow Creek Court LLC
Entity
Free & Clear · 12 yrs held
Mailing address
6334 W 10150TH N STE 1A, HIGHLAND, UT 84003-3453
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 2, 2022
—
Willow Creek Court LLC
—
Deed
related
$14,700,000 · John Hancock Life Insurance Company USA
Jul 8, 2014
—
Willow Creek Court LLC
—
Trustees Deed
related
$4,850,000 · Bank Of American Fork
May 9, 2014
—
Willow Creek Court LLC
Northstar Fndg Grp INC
Warranty Deed
related
—
Apr 16, 2013
—
Northstar Fndg Grp INC
Scott Group LLC
Quit Claim Deed
related
—
Jan 23, 2013
—
Northstar Fndg Grp INC
Bank Of American Fork
Quit Claim Deed
related
—
Jan 8, 2013
—
Northstar Fndg Grp INC
Clod Buster Co Trust
Quit Claim Deed
related
—
Mar 14, 2011
—
Northstar Fndg Grp INC
Johnson,barry N
Trustees Deed
related
—
Oct 15, 2009
$1,754,440
Northstar Fndg Grp INC
Moore Roy B
Trustees Deed
related
—
—
—
Willow Creek Court LLC
—
Deed Of Trust
related
$5,000,000 · Miscellaneous Ins Co
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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