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Property profile & analytics
FOR LEASE
Distribution centers
5350 Harold Gatty Dr Salt Lake City, UT 84116
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US86-0284791
For Lease
1 / 2
$4,960,000
5350 Harold Gatty Dr, Salt Lake City, UT 84116
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
221,936 SF
Lot
10 ac (435,600 SF)
Zoning code
M-1
APN
07-36-126-004
UPID
US86-0284791
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
-
The Bio Flame Hardware & Home Improvement
-
Red Stag Fulfillment Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.96M
Owner & transaction history
Lba Rv-co Xii LP · 11 yrs held
Lba Rv-co Xii LP
since 2015
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
$22 / 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
$303,336
Tax year 2024
Assessed value
$31,832,900
Assessed 2024
Previous assessed
$31,832,900
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$4,764,400
Assessed improvement
$27,068,500
Land market value
$4,764,400
Improvement market value
$27,068,500
Total market value
$31,832,900
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
3
Total area
221,936 SF
Lot
10 ac (435,600 SF)
Zoning code
M-1
APN
07-36-126-004
UPID
US86-0284791
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
1997
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
3
Lot
10 ac
Current owner
From public records · entity-resolved
Lba Rv-co Xii LP
Entity
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2026
—
Lba Rv-company Xii LP
—
Deed
related
—
Jan 22, 2021
—
Lba Rv Company Xii LP
—
Deed
related
$555,000,000 · Bank Of America NA
Jun 23, 2020
—
Lba Rv Company Xii LP
—
Deed
related
$57,000 · Us Bank NA
Mar 19, 2020
—
Lba Rv Company Xii LP
—
Deed
related
$57,000,000 · Us Bank NA
Apr 24, 2015
—
Lba Rv-co Xii LP
International Center Props L
Grant Deed
—
Mar 4, 2011
—
International Center Properties LLC
Salt Lake International Center LLC
Special Warranty Deed
$7,000,000 · Wells Fargo Bank NA
Jun 5, 2003
—
Salt Lake International Center
Salt Lake City West Venture L
Quit Claim Deed
related
—
Nov 15, 1996
—
Rockwell Collins INC
Rockwell International Corp
Quit Claim Deed
related
—
—
—
Salt Lake City West Venture
—
Deed Of Trust
related
$6,850,000 · Principal Commercial Funding
—
—
Lba Rv-co Xii LP
—
Deed Of Trust
related
$47,900,000 · Miscellaneous Ins Co
—
—
Segundus Properties LLC
—
Deed Of Trust
related
$7,000,000 · Wells Fargo Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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