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    5950 W Amelia Earhart Dr Salt Lake City, UT 84116
    Property profile & analytics

    5950 W Amelia Earhart Dr, Salt Lake City, UT 84116

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    • Manufacturing properties
    • 43,040 SF
    • 3.88 lot acres
    For Sale
    $1,615,000
    View Listing →
    Salt Lake City Industrial Asset For Sale
    $1,615,000
    42,767 SF

    Salt Lake City Industrial Asset

    High-quality industrial asset in Salt Lake City's Airport submarket.

    5950 W Amelia Earhart Dr, Salt Lake City, UT 84116
    View Listing
    Property ID
    US86-0856496
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tosca Service Center | Salt Lake City / Logistics Company / Freight Service

    Property Details for 5950 W Amelia Earhart Dr

    Year built
    2002
    Lot size
    3.88 lot acres
    Zone code
    M-1
    Property type
    Manufacturing properties
    APN
    07-35-251-003
    APU
    735251003

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 24, 2023 — Amelia Earhart Industrial LLC Tosca Services LLC Special Warranty Deed $5M · Symetra Life Insurance Co
    Jan 19, 2022 — Tosca Services LLC — Deed · related —
    Feb 23, 2021 — Tosca Services LLC — Deed · related $105.3M · Credit Suisse Lending LLC
    Oct 5, 2020 — Tosca Services LLC — Deed · related $105.3M · Credit Suisse Lending LLC
    Feb 12, 2020 — Tosca Services LLC — Deed · related $500M · Credit Suisse Lending LLC
    Aug 16, 2019 — Tosca Services LLC Slc Amelia Earhart LLC Warranty Deed —
    Apr 27, 2018 — Slc Amelia Earhart LLC D & F Properties LLC Grant Deed $2.9M · Compass Fed'l S&l

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,365,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,867,000
      Market price range: $666k - $2.70M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,640,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $2,065,000
      Change: +26% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,875,000
      Change: +14% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -112.033
    Latitude
    40.7795
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $75,424
    $2,028,200
    $5,887,000
    $7,915,200
    -
    $2,028,200
    $5,887,000
    $7,915,200

    Comparable in this City

    • Value Estimation
      $2,130,000
      81,385 SF

      5850 Amelia Earhart Dr

      MANUFACTURING (LIGHT)
      5850 Amelia Earhart Dr, Salt Lake City, UT 84116-3745
      View Details
    • Value Estimation
      $2,050,000
      72,125 SF

      4702 Amelia Earhart Dr

      MANUFACTURING (LIGHT)
      4702 Amelia Earhart Dr, Salt Lake City, UT 84116
      View Details
    • Value Estimation
      $2,600,000
      103,724 SF

      1155 2300th N

      MANUFACTURING (LIGHT)
      1155 2300th N, Salt Lake City, UT 84116-1261
      View Details
    • Value Estimation
      $1,165,000
      22,878 SF

      1998 Redwood Rd

      MANUFACTURING (LIGHT)
      1998 Redwood Rd, Salt Lake City, UT 84116-1245
      View Details
    • Value Estimation
      $605,000
      14,940 SF

      2211 Warm Spgs Rd

      MANUFACTURING (LIGHT)
      2211 Warm Spgs Rd, Salt Lake City, UT 84116-2320
      View Details
    • Value Estimation
      $565,000
      12,450 SF

      2195 Warm Spgs Rd

      MANUFACTURING (LIGHT)
      2195 Warm Spgs Rd, Salt Lake City, UT 84116-2351
      View Details

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      High-quality industrial asset in Salt Lake City's Airport submarket.
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      Salt Lake City Industrial Space

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      13,470 SF Endcap Unit

      Endcap unit with office, fenced yard, and highway visibility.
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      407,836 SF

      New Construction Warehouse Space Available

      New construction warehouse space with direct I-80 access.
      905 North West Ave West, Salt Lake City, UT 84116
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      272,000 SF

      Salt Lake City Industrial Space

      272,000 SF industrial space available for lease.
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      Modern Flex/Industrial Space Available

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      40,000 SF Warehouse Space

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      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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