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Property profile & analytics
OFF-MARKET
Estimated value
$1,835,000
Manufacturing properties
8531 700th W, Sandy, UT 84070-2566
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0397746
Property summary
AI-generated overview
This Sandy, Utah industrial property at 8531 S. 700 W offers a unique opportunity to lease flexible warehouse or manufacturing space. The property consists of three single-story buildings totaling 54,796 square feet, built in 1975 and renovated in 2023. Currently, 8,143 square feet are available, divisible into units ranging from 2,125 to 4,300 contiguous square feet. The property features 17 drive-in doors, a 30-foot ceiling height, and is served by 3-phase 480V power. The 3.57-acre lot provides ample space, and the property is zoned to accommodate a variety of manufacturing uses, including automotive. The property's location in Sandy, UT, zip code 84070, offers convenient access to major transportation routes. This is a rare opportunity to secure high-quality industrial space in a desirable location. The landlord has recently completed renovations on the available units. The property is ideal for businesses seeking flexible and spacious warehouse or manufacturing facilities. The fenced yard adds an extra layer of security and convenience.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1975
Construction
WOOD FRAME
Total area
31,548 SF
Lot
2.92 ac (127,195 SF)
Zoning code
ID
APN
21-36-351-002
UPID
US86-0397746
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
Current use
Occupant on record · Public records
-
Service USA Furniture & Home Goods
-
Williamson Ocean Powder Coating Service Trailer Manufacturer
-
Watercraft Specialists (Bike/Boat/Book/etc) Store
-
OFFA Academy Gym & Fitness Center
-
Ocean boat repair General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.02M
Blend (final)
Blend
$1.84M
Owner & transaction history
Gatorsgat LLC · 3 yrs held
Gatorsgat LLC
since 2023
7 recorded transactions
Zoning & alternative use
ID · Sandy, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.7M
+70.3%
Auto repair, garage
$2.4M
+52.7%
Warehouse, storage
$2.4M
+49.3%
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 Sandy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandy 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
$1,650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,595,000
Current use
RETAIL STORES
$2,720,000
Change: +70% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,440,000
Change: +53% · Conversion: Easy
WAREHOUSE, STORAGE
$2,385,000
Change: +49% · Conversion: Easy
Blend value · Realmo final
$1.84M
Range $1.65M – $2.02M · ±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
$58 / 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
$71,312
Tax year 2024
Assessed value
$7,253,800
Assessed 2024
Previous assessed
$7,253,800
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$1,607,600
Assessed improvement
$5,646,200
Land market value
$1,607,600
Improvement market value
$5,646,200
Total market value
$7,253,800
Applied tax rate
35.0000
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
1975
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Buildings
5
Stories
1
Total area
31,548 SF
Lot
2.92 ac (127,195 SF)
Zoning code
ID
APN
21-36-351-002
UPID
US86-0397746
Jurisdiction
SALT LAKE
Zoning & alternative use
ID · Sandy, UT
Zoning ID · permitted uses
ID · Sandy, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
RETAIL STORES
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.4M
WAREHOUSE, STORAGE
Est. value
$2.4M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1975
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Lot
2.92 ac
Current owner
From public records · entity-resolved
Gatorsgat LLC
Entity
Mailing address
2621 W VAN ROSS DR, SOUTH JORDAN, UT 84095-8369
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2023
—
Gatorsgat LLC
Mark Williamson
Warranty Deed
$1,820,000 · Williamson Family Trust
Nov 25, 2009
—
Williamson Family Trust 2
Williamson Family Trust 2
Quit Claim Deed
related
$865,000 · Utah Community Bank
May 31, 2002
—
Williamson Trust
Williamson Trust
Quit Claim Deed
related
$885,768 · Brighton Bank
May 29, 1998
—
Williamson Trust
Williamson Trust
Quit Claim Deed
related
$835,106 · Brighton Bank
—
—
Williamson Family Trust 2
—
Deed Of Trust
related
$1,819,900 · Brighton Bank
—
—
Williamson,tr
—
Deed Of Trust
related
$1,007,000 · Brighton Bank
—
—
Williamson,tr
—
Deed Of Trust
related
$348,000 · Greater Salt Lake Business Dis
—
—
Williamson,tr
—
Deed Of Trust
related
$1,085,768 · Brighton 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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