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Property profile & analytics
OFF-MARKET
Estimated value
$1,330,000
Distribution centers
669 900th N North Salt Lake, UT 84054-2602
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US86-0258562
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
45,692 SF
Lot
3.94 ac (171,670 SF)
Zoning code
MD
APN
06-180-0001
UPID
US86-0258562
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
-
MedQuest Pharmacy Pharmacy
-
NUTRAscriptives (Bike/Boat/Book/etc) Store Pharmacy
-
MedQuest Testing Service Pharmacy
-
Carie T. Thompson, RPH Pharmacy
-
Academy of Preventive and Innovative Medicine by Worldlink Medical Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.65M
Blend (final)
Blend
$1.33M
Owner & transaction history
B-17 Poartners LLC · 8 yrs held
B-17 Poartners LLC
since 2018
7 recorded transactions
Zoning & alternative use
MD · North Salt Lake, 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 North Salt Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Salt Lake 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
$1,010,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,595,000
Current use
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±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
$29 / 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
$51,643
Tax year 2024
Assessed value
$2,701,263
Assessed 2024
Previous assessed
$2,701,263
+0.0% YoY
Effective rate
1.91%
On assessed value
Assessed land
$690,808
Assessed improvement
$2,010,455
Land market value
$1,256,016
Improvement market value
$3,655,374
Total market value
$4,911,390
Applied tax rate
244.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
45,692 SF
Lot
3.94 ac (171,670 SF)
Zoning code
MD
APN
06-180-0001
UPID
US86-0258562
Jurisdiction
DAVIS
Zoning & alternative use
MD · North Salt Lake, UT
Zoning MD · permitted uses
MD · North Salt Lake, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Salt Lake. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.6M
WAREHOUSE, STORAGE Current
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
2
Units
1
Lot
3.94 ac
Current owner
From public records · entity-resolved
B-17 Poartners LLC
Entity
Mailing address
669 W 900TH N, NORTH SALT LAKE, UT 84054-2602
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2020
—
B 17 Partners LLC
—
Deed
related
$900,000 · Zb NA
Mar 23, 2018
—
B-17 Poartners LLC
Jd Wellness Network LLC
Deed
$3,432,000 · Zb NA
Dec 17, 2004
—
Jd Wellness Network LLC
B & R Holding Co LLC
Grant Deed
$1,789,612 · Brighton Bank
Apr 18, 2000
—
B&r Holding Co LLC
—
Grant Deed
related
$931,000 · First Security Bank
—
—
Jd Wellness Network LLC
—
Deed Of Trust
related
$1,888,905 · Utah Certified Development Co
—
—
Jd Wellness Network LLC
—
Deed Of Trust
related
$2,930,000 · Brighton Bank
—
—
Jd Wellness Network LLC
—
Deed Of Trust
related
$967,000 · Utah Certified Development Co
—
—
Jd Wellness Network LLC
—
Deed Of Trust
related
$1,000,000 · Zions First National Bank
—
—
Jd Wellness Network LLC
—
Deed Of Trust
related
$750,000 · Zions First National Bank
—
—
Jd Wellness Network LLC
—
Deed Of Trust
related
$400,000 · First National Bank Layton
—
—
Jd Wellness Network LLC
—
Deed Of Trust
related
$1,888,905 · First National Bank Layton
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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