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Property profile & analytics
OFF-MARKET
Estimated value
$2,910,000
Warehouses
8557 Chromalloy Cir, West Jordan, UT 84088-5195
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US86-0455157
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Construction
STEEL FRAME
Total area
22,250 SF
Lot
5.85 ac (254,826 SF)
Zoning code
M-1
APN
21-31-478-022
UPID
US86-0455157
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
$2.83M
Comparable Approach
Comparable
$2.99M
Blend (final)
Blend
$2.91M
Owner & transaction history
Bert F Coester · 5 yrs held
Bert F Coester
since 2021
6 recorded transactions
Zoning & alternative use
M-1 · West Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.8M
+58.4%
Medical building
$2.7M
+54.8%
Restaurant
$2.6M
+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%
$3,060,000
6.5%
$2,825,000
7%
$2,625,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,750,000
Change: +58% · Conversion: Difficult
MEDICAL BUILDING
$2,685,000
Change: +55% · Conversion: Difficult
RESTAURANT
$2,575,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,035,000
Change: +17% · Conversion: Easy
Blend value · Realmo final
$2.91M
Range $2.62M – $3.20M · ±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
$131 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$58,634
Tax year 2023
Assessed value
$5,847,600
Assessed 2024
Previous assessed
$5,847,600
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$3,527,500
Assessed improvement
$2,320,100
Land market value
$3,527,500
Improvement market value
$2,320,100
Total market value
$5,847,600
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
1976
Construction
STEEL FRAME
Heating
SPACE
Buildings
3
Stories
1
Units
1
Total area
22,250 SF
Lot
5.85 ac (254,826 SF)
Zoning code
M-1
APN
21-31-478-022
UPID
US86-0455157
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
$2.8M
MEDICAL BUILDING
Est. value
$2.7M
RESTAURANT
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.0M
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
1976
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
3
Units
1
Lot
5.85 ac
Current owner
From public records · entity-resolved
Bert F Coester
Individual
Mailing address
PO BOX 310, WEST JORDAN, UT 84084-0310
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2022
—
Bert F Coester
—
Deed
related
$1,500,000 · First Utah Bank
Mar 25, 2021
—
Bert F Coester
Bert F Coester
Intrafamily Transfer
related
—
Jul 2, 2019
—
Bernd F Coester
—
Deed
related
$950,000 · Zions First Nat'l Bk
Jun 20, 2017
—
Bernd F Coester
—
Deed
related
$600,000 · Zb NA
Sep 28, 2009
—
Bernd F Coester
Bucyrus Blades INC
Warranty Deed
$861,000 · Mountain America FCU
—
—
Bernd F Coester
—
Loan Modification
related
$950,000 · Zions First Nat'l Bk
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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