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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Manufacturing properties
5585 Wls Park Rd, West Jordan, UT 84081-5627
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US86-0379528
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1992
Construction
STEEL FRAME
Total area
14,400 SF
Lot
2.1 ac (91,476 SF)
Zoning code
M-1
APN
26-12-151-013
UPID
US86-0379528
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
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$692k
Blend (final)
Blend
$705k
Owner & transaction history
Iciosets LLC · 9 yrs held
Iciosets LLC
since 2016
7 recorded transactions
Zoning & alternative use
M-1 · West Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$880,000
+36.0%
Retail stores
$875,000
+35.8%
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 West Jordan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
Method
Estimation
Statistic approach
by Request
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$645,000
Current use
WAREHOUSE, STORAGE
$880,000
Change: +36% · Conversion: Easy
RETAIL STORES
$875,000
Change: +36% · Conversion: Moderate
Blend value · Realmo final
$705k
Range $635k – $776k · ±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
$49 / 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
$30,128
Tax year 2024
Assessed value
$3,188,200
Assessed 2024
Previous assessed
$3,188,200
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$1,848,900
Assessed improvement
$1,339,300
Land market value
$1,848,900
Improvement market value
$1,339,300
Total market value
$3,188,200
Applied tax rate
37.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1992
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Stories
1
Units
1
Total area
14,400 SF
Lot
2.1 ac (91,476 SF)
Zoning code
M-1
APN
26-12-151-013
UPID
US86-0379528
Jurisdiction
SALT LAKE
Zoning & alternative use
M-1 · West Jordan, UT
Zoning M-1 · permitted uses
M-1 · West Jordan, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Jordan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$645,000
WAREHOUSE, STORAGE
Est. value
$880,000
RETAIL STORES
Est. value
$875,000
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
RETAIL STORES
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
1992
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
2
Units
1
Lot
2.1 ac
Current owner
From public records · entity-resolved
Iciosets LLC
Entity
Mailing address
5585 W WLS PARK RD, WEST JORDAN, UT 84081-5627
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2025
—
Iclosets LLC
—
Deed
related
$1,150,000 · Central Bank
Sep 11, 2017
—
Icosets Llca Utah Limited Liability
—
Deed
related
$392,800 · First Utah Bank
Dec 6, 2016
—
Iclosets LLC
—
Deed
related
$342,000 · Mountain W Small Busn Fin
Nov 17, 2016
—
Iciosets LLC
Rubel J Salaz
Warranty Deed
—
Aug 2, 2000
—
Rubel J Salaz
Mitchco Investment Co Ltd
Grant Deed
$474,000 · Draper Bank & Trust
—
—
Rubel J Salaz
—
Deed Of Trust
related
$196,000 · Greater Salt Lake Business Dis
—
—
Rubel J Salaz
—
Deed Of Trust
related
$75,000 · Zions First National Bank
—
—
Iclosets LLC
—
Deed Of Trust
related
$342,000 · Mountain W Small Busn Fin
—
—
Rubel J Salaz
—
Deed Of Trust
related
$697,500 · Bank Of American Fork
—
—
Rubel J Salaz
—
Deed Of Trust
related
$220,000 · Bank Of American Fork
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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