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Property profile & analytics
FOR LEASE
Investment properties
5215 Wiley Post Way Salt Lake City, UT 84116
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US86-1434174
For Lease
1 / 4
$23 SF/Yr
5215 Wiley Post Way, Salt Lake City, UT 84116
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1982
Construction
CONCRETE
Total area
104,740 SF
Lot
3.35 ac (145,926 SF)
Zoning code
M-1
APN
07-36-376-026
UPID
US86-1434174
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
-
I Tera Inc (Bike/Boat/Book/etc) Store Corporate Office
-
e-TeleQuote Insurance Insurance Agency
-
Port of Subs Take-out & Catering
-
Olson Associates PC Law Firm
-
Modivcare Business Office - Utah Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.65M
Owner & transaction history
Edgewater Corp Park LLC · 14 yrs held
Edgewater Corp Park LLC
since 2011
7 recorded transactions
Zoning & alternative use
M-1 · 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
$35 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$139,099
Tax year 2023
Assessed value
$14,070,300
Assessed 2023
Previous assessed
$14,070,300
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$1,678,100
Assessed improvement
$12,392,200
Land market value
$1,678,100
Improvement market value
$12,392,200
Total market value
$14,070,300
Applied tax rate
13.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1982
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
3
Stories
5
Total area
104,740 SF
Lot
3.35 ac (145,926 SF)
Zoning code
M-1
APN
07-36-376-026
UPID
US86-1434174
Jurisdiction
SALT LAKE
Zoning & alternative use
M-1 · Salt Lake City, UT
Zoning M-1 · permitted uses
M-1 · 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
1982
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
5
Buildings
3
Lot
3.35 ac
Current owner
From public records · entity-resolved
Edgewater Corp Park LLC
Entity
Mailing address
5475 G ST, CHINO, CA 91710-5233
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2025
—
Edgewater Corporate Park LLC
—
Deed
related
$8,400,000 · Granite FCU
Jan 6, 2021
—
Edgewater Corp Park LLC
—
Deed
related
$18,220,000 · Bank Of The West
Dec 14, 2011
—
Edgewater Corp Park LLC
Cpb Edgewater LP
Quit Claim Deed
$14,600,000 · Bank Of The West
Jan 26, 2011
—
Cpb Edgewater LP
—
Deed Of Trust
related
$17,800,000 · Lm Cap Hldgs II Corp
Dec 12, 2007
—
Cpb Edgewater
Edgewater Corporate Park LLC
Quit Claim Deed
related
$17,800,000 · Legg Mason Real Estate Capital
Dec 8, 2005
—
Edgewater Corporate Park LLC
—
Deed Of Trust
related
$8,000,000 · Cibc INC
Sep 30, 2005
—
Edgewater Corporate Park LLC
Slc LP Fcl LLC
Grant Deed
related
—
Sep 26, 2005
—
Slc LP Fcl LLC
Wells Fargo Bank Minnesota NA
Grant Deed
related
—
Feb 3, 2005
—
Merrill Lynch Mtg Invtrs INC
Sheriff Of Salt Lake County
Trustees Deed
related
—
Nov 15, 1996
—
E & H Investments LLC
—
Deed Of Trust
related
$12,200,000 · Bank One Arizona
Jun 6, 1996
—
E & H Investments LLC
E & J Investments INC
Quit Claim Deed
related
$5,000,000 · Imperial Thrift & Loan
—
—
Edgewater Corp Park LLC
—
Deed Of Trust
related
$3,000,000 · Bank Of The West
—
—
Edgewater Corp Park LLC
—
Deed Of Trust
related
$18,220,000 · Bank Of The West
—
—
Edgewater Corp Park LLC
—
Deed Of Trust
related
$18,220,000 · Bank Of The West
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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