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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Warehouses
8523 2940th W, West Jordan, UT 84088-9660
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0316563
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,800 SF
Lot
2.23 ac (97,139 SF)
Zoning code
M-1
APN
21-33-377-009
UPID
US86-0316563
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
$990k
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.09M
Owner & transaction history
Green Family Ventures LLC · 3 yrs held
Green Family Ventures LLC
since 2023
3 recorded transactions
Zoning & alternative use
M-1 · West Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$965,000
+58.4%
Medical building
$940,000
+54.8%
Restaurant
$905,000
+48.4%
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 West Jordan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Jordan 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%
$1,075,000
6.5%
$990,000
7%
$920,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$965,000
Change: +58% · Conversion: Difficult
MEDICAL BUILDING
$940,000
Change: +55% · Conversion: Difficult
RESTAURANT
$905,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$715,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±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
$140 / 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
$21,984
Tax year 2024
Assessed value
$2,326,300
Assessed 2024
Previous assessed
$2,326,300
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$1,412,100
Assessed improvement
$914,200
Land market value
$1,412,100
Improvement market value
$914,200
Total market value
$2,326,300
Applied tax rate
37.0000
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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
7,800 SF
Lot
2.23 ac (97,139 SF)
Zoning code
M-1
APN
21-33-377-009
UPID
US86-0316563
Jurisdiction
SALT LAKE
Zoning & alternative use
M-1 · West Jordan, UT
Zoning M-1 · permitted uses
M-1 · West Jordan, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Jordan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$965,000
MEDICAL BUILDING
Est. value
$940,000
RESTAURANT
Est. value
$905,000
AUTO REPAIR, GARAGE
Est. value
$715,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
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
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
2.23 ac
Current owner
From public records · entity-resolved
Green Family Ventures LLC
Entity
Mailing address
9447 S HIGH MDW DR, SOUTH JORDAN, UT 84095-3201
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2023
—
Green Family Ventures LLC
Guy K Green
Intrafamily Transfer
related
—
Nov 16, 1999
—
Guy K Green
—
Grant Deed
related
$475,000 · Bank Of Utah
Aug 13, 1998
—
Guy K Green
Bach Development Co
Grant Deed
$190,000 · First Security Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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