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Property profile & analytics
OFF-MARKET
Auto shops
6955 400th W Midvale, UT 84047-1012
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US86-0278273
Property summary
AI-generated overview
This exceptional 6,126-square-foot warehouse/shop space is available for lease in Midvale, Utah. Situated on a four-acre lot, this single-tenant property offers ample room for storage, operations, or retail. The building is classified as Class C and boasts a total of 6,126 square feet, all currently vacant and ready for immediate occupancy. The property's address is 6955 S 400 W, Midvale, UT 84047, within Salt Lake County. The property type is listed as both retail and industrial, making it versatile for a range of businesses. Annual property taxes are $0.14 per square foot. This presents a significant opportunity for businesses seeking a substantial space in a convenient location. The ample lot size provides potential for expansion or additional outdoor storage. The property's location in Midvale offers easy access to major transportation routes, enhancing logistics and distribution capabilities. Interested parties are encouraged to inquire for further details and leasing options. The property is ready for immediate occupancy.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,616 SF
Lot
0.4 ac (17,424 SF)
Zoning code
CI
APN
21-24-377-001
UPID
US86-0278273
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Precision Automotive Of Utah INC · 18 yrs held
Precision Automotive Of Utah INC
since 2008
7 recorded transactions
Zoning & alternative use
CI · Midvale, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$7,825
Tax year 2023
Assessed value
$729,000
Assessed 2023
Previous assessed
$729,000
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$231,600
Assessed improvement
$497,400
Land market value
$231,600
Improvement market value
$497,400
Total market value
$729,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
EVAPORATIVE
Buildings
2
Stories
1
Total area
5,616 SF
Lot
0.4 ac (17,424 SF)
Zoning code
CI
APN
21-24-377-001
UPID
US86-0278273
Jurisdiction
SALT LAKE
Zoning & alternative use
CI · Midvale, UT
Zoning CI · permitted uses
CI · 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.
Building & site characteristics
From public records
Year built
1978
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Lot
0.4 ac
Current owner
From public records · entity-resolved
Precision Automotive Of Utah INC
Entity
Mailing address
6955 S 400TH W, MIDVALE, UT 84047-1012
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2025
—
Precision Automotive Of Utah INC
—
Deed
related
$100,000 · First Utah Bank
Aug 26, 2024
—
Precision Automotive Of Utah INC
—
Deed
related
$150,000 · First Utah Bank
Dec 29, 2023
—
Precision Automotive Of Utah INC
—
Deed
related
$1,758,700 · First Utah Bank
Jan 4, 2023
—
Precision Automotive Of Utah INC
—
Deed
related
$150,000 · First Utah Bank
Aug 6, 2019
—
Precision Automotive Of Utah INC
—
Deed
related
$50,000 · First Utah Bank
Jun 21, 2019
—
Automotive Of Utah INC
—
Deed
related
$373,673 · First Utah Bank
Jun 13, 2008
—
Precision Automotive Of Utah INC
Kelly Richard M & S A Trust
Warranty Deed
$400,500 · First Utah Bank
May 29, 2008
—
Richard M Kelly
Kelly Richard M & S A Trust
Quit Claim Deed
related
—
Oct 31, 2006
—
Kelly R M Living
Kelly,richard M & Sally A
Quit Claim Deed
related
—
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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