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Property profile & analytics
OFF-MARKET
Estimated value
$11,465,000
Distribution centers
5420 John Cannon Dr Salt Lake City, UT 84116-4417
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0903266
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2018
Total area
541,200 SF
Lot
32.2 ac (1,402,632 SF)
Zoning code
IP-M-1
APN
07-25-301-002
UPID
US86-0903266
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.47M
Owner & transaction history
5420 W John Cannon LLC · 5 yrs held
5420 W John Cannon LLC
since 2021
7 recorded transactions
Zoning & alternative use
IP-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
$21 / 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
$775,786
Tax year 2024
Assessed value
$81,413,200
Assessed 2024
Previous assessed
$81,413,200
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$13,080,400
Assessed improvement
$68,332,800
Land market value
$13,080,400
Improvement market value
$68,332,800
Total market value
$81,413,200
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
Off-Market
Year built
2018
Heating
SPACE
Stories
1
Total area
541,200 SF
Lot
32.2 ac (1,402,632 SF)
Zoning code
IP-M-1
APN
07-25-301-002
UPID
US86-0903266
Jurisdiction
SALT LAKE
Zoning & alternative use
IP-M-1 · Salt Lake City, UT
Zoning IP-M-1 · permitted uses
IP-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
2018
Heating
SPACE
Stories
1
Lot
32.2 ac
Current owner
From public records · entity-resolved
5420 W John Cannon LLC
Entity
Free & Clear · 5 yrs held
Mailing address
25258 CABOT RD, LAGUNA HILLS, CA 92653-5504
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jan 14, 2021
—
5420 W John Cannon LLC
Ahst 150 LLC
Grant Deed
—
Oct 14, 2020
—
5420 W John Cannon LLC
Cggl Xr 2 International LLC
Grant Deed
—
Apr 7, 2020
—
Cggl Xr 2 International LLC
—
Deed
related
$24,659,548 · Xr2 Mortgage Lender LLC
Aug 29, 2019
—
Cggl Xr 2 International LLC
Boyer Nw Quadrant Lc
Grant Deed
$33,535,075 · Xr2 Mortgage Lender LLC
Sep 26, 2018
—
Fae Holdings 493571r LLC
Boyer Nw Quadrant Lc
Grant Deed
—
Sep 12, 2018
—
Salt Lake Cty Corp
Fedex Freight INC
Grant Deed
—
Jan 29, 2018
—
Boyer Nw Quadrant Lc
Rg IV LLC
Warranty Deed
—
Oct 10, 2017
—
Rg IV LLC
G-bar Ventures LLC
Grant Deed
—
—
—
Cggl Xr 2 International LLC
—
Loan Modification
related
$24,659,548 · Xr2 Mortgage Lender LLC
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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