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Property profile & analytics
OFF-MARKET
Estimated value
$2,495,000
Distribution centers
7528 Cornia Dr South Weber, UT 84405-9605
Entity Owned
Free & Clear
Property ID
US86-0870929
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2011
Total area
20,210 SF
Lot
2.89 ac (125,888 SF)
Zoning code
L-I
APN
13-295-0001
UPID
US86-0870929
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
$2.34M
Comparable Approach
Comparable
$2.65M
Blend (final)
Blend
$2.50M
Owner & transaction history
NS GROUP HOLDINGS LLC & NS GROUP HOLDING LLC
NS GROUP HOLDINGS LLC & NS GROUP HOLDING LLC
Zoning & alternative use
L-I · South Weber, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of L-I district is to provide a zone where some low impact industrial uses are appropriate and to provide a review procedure to ensure compatibility of uses internal to this zone and adjacent zones.
Zone name
Light Industrial Zone
General category
INDUSTRIAL
Zone area
2.89 ac
Source
Realmo
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 South Weber submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Weber 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,530,000
6.5%
$2,335,000
7%
$2,165,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,980,000
Current use
OFFICE BUILDING
$3,330,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$2.50M
Range $2.25M – $2.74M · ±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
$123 / 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
$29,637
Tax year 2024
Assessed value
$1,654,706
Assessed 2024
Previous assessed
$1,654,706
+0.0% YoY
Effective rate
1.79%
On assessed value
Assessed land
$572,536
Assessed improvement
$1,082,170
Land market value
$1,040,975
Improvement market value
$1,967,583
Total market value
$3,008,558
Applied tax rate
46.0000
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
2011
Heating
NONE
Stories
1
Units
1
Total area
20,210 SF
Lot
2.89 ac (125,888 SF)
Zoning code
L-I
APN
13-295-0001
UPID
US86-0870929
Jurisdiction
DAVIS
Zoning & alternative use
L-I · South Weber, UTZoning L-I · permitted uses
L-I · South Weber, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of L-I district is to provide a zone where some low impact industrial uses are appropriate and to provide a review procedure to ensure compatibility of uses internal to this zone and adjacent zones.
Zone name
Light Industrial Zone
General category
INDUSTRIAL
Zone area
2.89 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.3M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
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
2011
Heating
NONE
Stories
1
Units
1
Lot
2.89 ac
Current owner
From public records · entity-resolved
NS GROUP HOLDINGS LLC & NS GROUP HOLDING LLC
Entity
Free & Clear · 0 yrs held
Mailing address
7528 CORNIA DR, SOUTH WEBER, UT 84405-9605
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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