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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Warehouses
8620 Harrison St, Sandy, UT 84070-1422
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0520949
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,650 SF
Lot
3.4 ac (148,104 SF)
Zoning code
RC
APN
21-36-376-013
UPID
US86-0520949
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
$1.01M
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$943k
Blend (final)
Blend
$1.02M
Owner & transaction history
Utah Dept Of Transportation · 6 yrs held
Utah Dept Of Transportation
since 2019
7 recorded transactions
Zoning & alternative use
RC · Sandy, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+127.9%
Commercial (general)
$1.2M
+89.3%
Restaurant
$1.0M
+54.7%
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
$1,010,000
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$655,000
Current use
MEDICAL BUILDING
$1,490,000
Change: +128% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,235,000
Change: +89% · Conversion: Difficult
RESTAURANT
$1,010,000
Change: +55% · Conversion: Difficult
RETAIL STORES
$745,000
Change: +14% · Conversion: Moderate
AUTO REPAIR, GARAGE
$670,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±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
$117 / 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
$41,537
Tax year 2024
Assessed value
$4,314,280
Assessed 2024
Previous assessed
$4,314,280
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$2,702,890
Assessed improvement
$1,611,390
Land market value
$2,702,890
Improvement market value
$1,611,390
Total market value
$4,314,280
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Buildings
9
Stories
1
Units
39
Total area
8,650 SF
Lot
3.4 ac (148,104 SF)
Zoning code
RC
APN
21-36-376-013
UPID
US86-0520949
Jurisdiction
SALT LAKE
Zoning & alternative use
RC · Sandy, UT
Zoning RC · permitted uses
RC · 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
WAREHOUSE, STORAGE Current
Est. value
$655,000
MEDICAL BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
Est. value
$1.0M
RETAIL STORES
Est. value
$745,000
AUTO REPAIR, GARAGE
Est. value
$670,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
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
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
9
Units
39
Lot
3.4 ac
Current owner
From public records · entity-resolved
Utah Dept Of Transportation
Entity
Free & Clear · 6 yrs held
Mailing address
678 E VINE ST, MURRAY, UT 84107-5546
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Oct 31, 2019
—
Utah Dept Of Transportation
Stor-n-lock Partners 8 LLC
Warranty Deed
related
—
Mar 27, 2019
—
Stor-n-lock Partners 8 LLC
—
Deed
related
$2,700,000 · First Fidelity Bk
Mar 26, 2019
—
Stor-n-lock Partners 8 LLC
—
Deed
related
$2,700,000 · First Fidelity Bk
Oct 31, 2018
—
Stor-n-lock Partners 8 LLC
C R Storage LLC
Quit Claim Deed
related
—
May 3, 2005
—
Stor-n-lock Partners 8 LLC
Stor-n-lock Partners 8 Ltd
Quit Claim Deed
—
—
—
Stor-n-lock Partners 8 LLC
—
Deed Of Trust
related
$2,700,000 · First Fidelity Bk
—
—
Stor-n-lock Partners 8 LLC
—
Loan Modification
related
$2,700,000 · First Fidelity Bk
—
—
Stor-n-lock Partners #8 Ltd
—
Deed Of Trust
related
$1,200,000 · Heller Financial
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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