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Property profile & analytics
OFF-MARKET
Warehouses
8699 Sandy Pkwy, Sandy, UT 84070-6425
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-1443997
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2004
Total area
2,523 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CR-PUD
APN
27-01-130-023
UPID
US86-1443997
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
-
Hansen Lighting (Bike/Boat/Book/etc) Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lightgouse Showroom LLC · 4 yrs held
Lightgouse Showroom LLC
since 2021
6 recorded transactions
Zoning & alternative use
CR-PUD · Sandy, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$5,597
Tax year 2022
Assessed value
$554,500
Assessed 2023
Previous assessed
$554,500
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$166,300
Assessed improvement
$388,200
Land market value
$166,300
Improvement market value
$388,200
Total market value
$554,500
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Heating
NONE
Cooling
YES
Stories
1
Total area
2,523 SF
Lot
0.11 ac (4,792 SF)
Zoning code
CR-PUD
APN
27-01-130-023
UPID
US86-1443997
Jurisdiction
SALT LAKE
Zoning & alternative use
CR-PUD · Sandy, UT
Zoning CR-PUD · permitted uses
CR-PUD · 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.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Lightgouse Showroom LLC
Entity
Mailing address
1424 S 590TH E, SALEM, UT 84653-5309
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
Dec 14, 2021
—
Lightgouse Showroom LLC
Aj Houghton Investments LLC
Warranty Deed
$450,000 · Aj Houguton Investments LLC
Jul 8, 2016
—
Aj Houghton Investments LLC
Light House LLC
Warranty Deed
—
Aug 20, 2013
—
Light House LLC
Diamonds Direct Lc
Warranty Deed
$431,428 · Central Bank & Trust
Jan 31, 2007
—
Diamonds Direct Lc
First Colonies Lc
Special Warranty Deed
$460,178 · Continental Bank
—
—
Lighthouse LLC
—
Deed Of Trust
related
$5,000 · Central Bk
—
—
Light House LLC
—
Deed Of Trust
related
$202,000 · Utah Certified Dev
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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