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Property profile & analytics
OFF-MARKET
Estimated value
$725,000
Manufacturing properties
850 Northpointe Cir North Salt Lake, UT 84054-2925
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0384014
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
20,549 SF
Lot
1.14 ac (49,789 SF)
Zoning code
MD
APN
01-387-0002
UPID
US86-0384014
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
$575k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$879k
Blend (final)
Blend
$725k
Owner & transaction history
Falcon Five LLC · 12 yrs held
Falcon Five LLC
since 2013
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
$575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$725k
Range $653k – $798k · ±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
$35 / 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
$15,920
Tax year 2024
Assessed value
$880,777
Assessed 2024
Previous assessed
$880,777
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$231,051
Assessed improvement
$649,726
Land market value
$420,093
Improvement market value
$1,181,321
Total market value
$1,601,414
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Total area
20,549 SF
Lot
1.14 ac (49,789 SF)
Zoning code
MD
APN
01-387-0002
UPID
US86-0384014
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.
Building & site characteristics
From public records
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Units
1
Lot
1.14 ac
Current owner
From public records · entity-resolved
Falcon Five LLC
Entity
Mailing address
1357 PHEASANT RDG CIR, BOUNTIFUL, UT 84010-1370
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2025
—
Falcon Five LLC
—
Deed
related
$552,000 · Net 1 Funding Corp
Mar 9, 2020
—
Falcon Sheet Metal INC
—
Deed
related
$5,000,000 · Wells Fargo Bk
Oct 11, 2013
—
Falcon Five LLC
Falcon Sheet Metal INC
Quit Claim Deed
—
Jan 10, 2008
—
Falcon Sheet Metal INC
Sts Properties LLC
Warranty Deed
—
Jan 9, 2008
—
Anexus Dev LLC
Anexus Dev
Quit Claim Deed
—
Jul 17, 2007
—
Anexus Development LLC
Anexus Project
Quit Claim Deed
—
Jan 3, 2007
—
Anexus Dev Lc
Fffp LLC
Quit Claim Deed
related
—
Oct 2, 2006
—
Fffp LLC
Anexus Dev Lc
Quit Claim Deed
related
—
Sep 25, 2006
—
Fffp LLC
Anexus Dev Lc
Quit Claim Deed
related
—
Oct 4, 2005
$1,557,000
Bank Of The West
Suniville,gerald H
Trustees Deed
related
—
—
—
Falcon Sheet Metal INC
—
Loan Modification
related
$5,000,000 · Wells Fargo Bk
—
—
Falcon Sheet Metal INC
—
Deed Of Trust
related
$669,000 · Utah Certified Development Co
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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