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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6308 Dannon Way West Jordan, UT 84081-6163

    • Industrial properties
    • 0.39 lot acres
    OFF-MARKET
    Last Sale
    Feb 17, 2023
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US86-0665508
    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.

    Current Use by Public Records

    • Industrial properties

    Property Details for 6308 Dannon Way

    Lot size
    0.39 lot acres
    Zone code
    MP
    Property type
    Industrial properties
    APN
    26-02-300-029-4002
    APU
    26023000294002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    West Jordan
    County
    Salt Lake
    State
    Utah
    Longitude
    -112.041
    Latitude
    40.583
    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
    $3,416
    $374,200
    $0.00
    $374,200
    -
    $374,200
    $0.00
    $374,200

    Comparable in this City

    • Value Estimation
      $1,765,000
      34,375 SF

      5680 Dannon Way

      INDUSTRIAL (GENERAL) • 34,375 SF
      5680 Dannon Way, West Jordan, UT 84081-5676
      View Details
    • Value Estimation
      $795,000
      13,720 SF

      9901 Prosperity Rd

      INDUSTRIAL (GENERAL) • 13,720 SF
      9901 Prosperity Rd, West Jordan, UT 84081-6206
      View Details
    • Value Estimation by Request
      1.25 Acres

      5415 Leo Park Rd

      INDUSTRIAL (GENERAL) • 1.25 Acres
      5415 Leo Park Rd, West Jordan, UT 84081-5663
      View Details
    • Value Estimation
      $660,000
      35.66 Acres

      6165 Dannon Way

      INDUSTRIAL (GENERAL) • 35.66 Acres
      6165 Dannon Way, West Jordan, UT 84081-6102
      View Details
    • Value Estimation by Request
      6,780 SF

      5662 Wls Park Rd

      INDUSTRIAL (GENERAL) • 6,780 SF
      5662 Wls Park Rd, West Jordan, UT 84081-5659
      View Details
    • Value Estimation by Request
      1.25 Acres

      5470 Axel Park Rd

      INDUSTRIAL (GENERAL) • 1.25 Acres
      5470 Axel Park Rd, West Jordan, UT 84081-5630
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      41,779 SF

      West Jordan Industrial Space Available

      41,799 SF industrial space divisible to 16,720 SF.
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      View Details
    • $1,850,000
      2.33 Acres

      West Jordan Commercial Land Opportunity

      2.33 Acres, Prime Commercial Location
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      West Jordan Land Parcels Available

      Three commercial land lots available in a growing area.
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      17.94 Acres

      West Jordan Commercial Land Opportunity

      17.94 Acres, Divisible, High Visibility
      7800 South & Mtn Vw, West Jordan, UT 84081
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    • $1,850,000

      Commercial Land in Developing Area

      Vacant land with commercial development potential in West Jordan.
      6383 W 8200 S, West Jordan, UT 84081
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    Similar Nearby for Lease

    • Contact for pricing
      363,996 SF

      Prosperity Distribution Center

      West Jordan, UT Industrial Space
      9669 Prosperity Rd, West Jordan, UT 84081
      View Details
    • $12 SF/Yr
      201,482 SF

      West Jordan Warehouse - 201,482 SF

      Class A industrial warehouse, 201,482 SF, Salt Lake County.
      6307 Dannon Way, West Jordan, UT 84081
      View Details
    • Contact for pricing
      319,660 SF

      West Jordan Logistics Center

      Modern Industrial Warehouse Space Available
      5146 Old Bingham Hwy, West Jordan, UT 84081
      View Details
    • Contact for pricing
      188,160 SF

      West Jordan Logistics Center

      Class A Industrial Space Available
      6081 9000, West Jordan, UT 84081
      View Details
    • Contact for pricing
      230,447 SF

      West Jordan Warehouse Space Available

      261,231 SF warehouse space for lease in West Jordan.
      9151 S Prosperity Rd, West Jordan, UT 84081
      View Details
    • Contact for pricing
      89,511 SF

      Modern Refrigerated Warehouse Space

      New concrete tilt construction with state-of-the-art refrigeration.
      6363 Dannon Way, West Jordan, UT 84081
      View Details
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    6308 Dannon Way
    West Jordan, UT 84081-6163
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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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