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Property profile & analytics
OFF-MARKET
Warehouses
548 11400th S, South Jordan, UT 84095-4042
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US86-0589507
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,192 SF
Lot
1 ac (43,560 SF)
Zoning code
ZR18
APN
27-24-152-025
UPID
US86-0589507
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
by Request
Owner & transaction history
Dry Creek Structures LLC · 6 yrs held
Dry Creek Structures LLC
since 2019
6 recorded transactions
Zoning & alternative use
ZR18 · South Jordan, 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 South Jordan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Jordan 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 2022Property tax & assessments
Tax year 2022
Tax billed
$7,787
Tax year 2022
Assessed value
$750,300
Assessed 2023
Previous assessed
$603,800
+24.3% YoY
Effective rate
1.04%
On assessed value
Assessed land
$744,300
Assessed improvement
$6,000
Land market value
$744,300
Improvement market value
$6,000
Total market value
$750,300
Applied tax rate
39.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
2
Stories
1
Total area
3,192 SF
Lot
1 ac (43,560 SF)
Zoning code
ZR18
APN
27-24-152-025
UPID
US86-0589507
Jurisdiction
SALT LAKE
Zoning & alternative use
ZR18 · South Jordan, UT
Zoning ZR18 · permitted uses
ZR18 · South Jordan, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Jordan. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
2
Lot
1 ac
Current owner
From public records · entity-resolved
Dry Creek Structures LLC
Entity
Mailing address
951 S MILLPOND RD, LEHI, UT 84043-4072
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2019
—
Dry Creek Structures LLC
Barbara H Schmidt
Warranty Deed
$135,000 · Zb NA
Dec 3, 2004
—
Barbara H Schmidt
Schmidt,barbara H
Quit Claim Deed
related
—
Nov 2, 2004
—
Barbara H Schmidt
Schmidt,barbara H
Quit Claim Deed
$283,200 · First Horizon Hm Ln
—
—
Barbara H Schmidt
—
Deed Of Trust
related
$428,000 · Security National Life Ins
—
—
Schmidt,barbara H
—
Deed Of Trust
related
$100,000 · Velocity Com'l Cap
—
—
Barbara H Schmidt
—
Deed Of Trust
related
$85,000 · Boulter Properties 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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