New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Warehouses
6832 State St, Midvale, UT 84047-1260
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US86-0686159
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2013
Total area
21,468 SF
Lot
4.25 ac (185,130 SF)
Zoning code
SSC
APN
22-19-351-021
UPID
US86-0686159
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
$1.48M
CAP Approach
CAP
$2.73M
Comparable Approach
Comparable
$2.29M
Blend (final)
Blend
$2.17M
Owner & transaction history
Sbs Storage Llcc · 9 yrs held
Sbs Storage Llcc
since 2016
7 recorded transactions
Zoning & alternative use
SSC · Midvale, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.3M
+41.8%
Auto repair, garage
$2.3M
+38.7%
Commercial (general)
$2.2M
+36.8%
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 Midvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midvale 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
$1,475,000
CAP Approach
CAP Return
Estimation
6%
$2,955,000
6.5%
$2,725,000
7%
$2,530,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,620,000
Current use
RESTAURANT
$2,300,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,250,000
Change: +39% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,220,000
Change: +37% · Conversion: Difficult
RETAIL STORES
$1,660,000
Change: +2% · Conversion: Moderate
Blend value · Realmo final
$2.17M
Range $1.95M – $2.38M · ±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
$101 / 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
$93,614
Tax year 2024
Assessed value
$8,609,880
Assessed 2024
Previous assessed
$8,609,880
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,332,290
Assessed improvement
$5,277,590
Land market value
$3,332,290
Improvement market value
$5,277,590
Total market value
$8,609,880
Applied tax rate
30.0000
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
2013
Heating
CENTRAL
Cooling
YES
Buildings
8
Stories
1
Units
570
Rooms
10
Bathrooms
2
Total area
21,468 SF
Lot
4.25 ac (185,130 SF)
Zoning code
SSC
APN
22-19-351-021
UPID
US86-0686159
Jurisdiction
SALT LAKE
Zoning & alternative use
SSC · Midvale, UT
Zoning SSC · permitted uses
SSC · Midvale, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Midvale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.6M
RESTAURANT
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.3M
COMMERCIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES
Est. value
$1.7M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2013
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
8
Units
570
Rooms
10
Bathrooms
2
Lot
4.25 ac
Current owner
From public records · entity-resolved
Sbs Storage Llcc
Individual
Mailing address
PO BOX 25025, GLENDALE, CA 91221-5025
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2016
—
Sbs Storage Llcc
Swenson,paul D & Kareen
Warranty Deed
—
Jul 27, 2016
—
Ps Mountain West LLC
Sbs Storage LLC
Warranty Deed
—
Jun 3, 2013
—
Sbs Storage LLC
—
Grant Deed
related
$4,255,922 · Bank Of Utah
Sep 17, 2012
—
Sbs Storage LLC
Avalon Dev Holdings INC
Quit Claim Deed
$834,000 · Bank Of Ut
Mar 2, 2012
—
Avalon Dev Holdings INC
Jorgensen Const INC
Quit Claim Deed
related
—
Mar 18, 2008
—
Avalon Dev Holdings INC
Avalon Dev INC
Quit Claim Deed
related
$1,000,000 · Wfb NA
Apr 10, 2007
—
Avalon Dev INC
Avalon Dev INC
Quit Claim Deed
related
—
Jun 3, 2005
—
Avalon Dev INC
Arrington,john E
Quit Claim Deed
related
—
—
—
Sbs Storage LLC
—
Loan Modification
related
—
—
—
Sbs Storage LLC
—
Deed Of Trust
related
$1,812,000 · Utah Certified Dev
—
—
Sbs Storage LLC
—
Deed Of Trust
related
$2,512,307 · Bank Of Ut
—
—
Sbs Storage LLC
—
Loan Modification
related
$834,000 · Bank Of Ut
—
—
Avalon Dev Holdings INC
—
Loan Modification
related
$750,000 · Wfb NA
—
—
Avalon Dev Holdings INC
—
Loan Modification
related
$749,999 · Wfb NA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6832 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
