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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Manufacturing properties
5435 4700th S Salt Lake City, UT 84118-6352
Individually Owned
Absentee Owner
Free & Clear
Property ID
US86-1350090
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1997
Construction
STEEL FRAME
Total area
6,000 SF
Lot
1.19 ac (51,836 SF)
Zoning code
M-1
APN
20-12-102-022
UPID
US86-1350090
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
-
L & L Erection & Fab Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$383k
Blend (final)
Blend
$575k
Owner & transaction history
John H Lujan
John H Lujan
since 2026
3 recorded transactions
Zoning & alternative use
M-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$790,000
+183.3%
Restaurant
$675,000
+142.2%
Commercial (general)
$600,000
+115.5%
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
$550,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$790,000
Change: +183% · Conversion: Difficult
RESTAURANT
$675,000
Change: +142% · Conversion: Difficult
COMMERCIAL (GENERAL)
$600,000
Change: +116% · Conversion: Difficult
RETAIL STORES
$555,000
Change: +99% · Conversion: Moderate
AUTO REPAIR, GARAGE
$480,000
Change: +71% · Conversion: Easy
WAREHOUSE, STORAGE
$385,000
Change: +37% · Conversion: Easy
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$96 / 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
$15,440
Tax year 2024
Assessed value
$1,139,800
Assessed 2024
Previous assessed
$1,139,800
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$822,500
Assessed improvement
$317,300
Land market value
$822,500
Improvement market value
$317,300
Total market value
$1,139,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Total area
6,000 SF
Lot
1.19 ac (51,836 SF)
Zoning code
M-1
APN
20-12-102-022
UPID
US86-1350090
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$790,000
RESTAURANT
Est. value
$675,000
COMMERCIAL (GENERAL)
Est. value
$600,000
RETAIL STORES
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$480,000
WAREHOUSE, STORAGE
Est. value
$385,000
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
Year built
1997
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
John H Lujan
Individual
Free & Clear · 0 yrs held
Mailing address
7767 S 5360TH W, WEST JORDAN, UT 84081-3502
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2026
—
John H Lujan
John H Lujan
Deed
related
—
Dec 5, 2024
—
John H Lujan
The City Of Kearns
Quitclaim Deed
related
—
Aug 26, 2024
—
John H Lujan
John H Lujan
Deed Of Distribution
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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