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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Industrial properties
9198 300th W Sandy, UT 84070-2643
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0691758
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Total area
12,288 SF
Lot
2.41 ac (104,980 SF)
Zoning code
ID
APN
27-01-377-033
UPID
US86-0691758
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
$1.03M
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$897k
Blend (final)
Blend
$1.06M
Owner & transaction history
Richard N Reese Family LLC · 2 yrs held
Richard N Reese Family LLC
since 2023
2 recorded transactions
Zoning & alternative use
ID · Sandy, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established to provide for an area of diverse but integrated industrial and commercial uses. Emphasis is placed on achieving an aesthetically attractive, functional area of wide ranging industrial and commercial activity
Zone name
Industrial
General category
INDUSTRIAL
Zone area
298.98 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.8M
+182.5%
Restaurant
$1.4M
+130.9%
Retail stores
$1.1M
+70.3%
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
$1,030,000
CAP Approach
CAP Return
Estimation
6%
$1,345,000
6.5%
$1,240,000
7%
$1,150,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,755,000
Change: +182% · Conversion: Difficult
RESTAURANT
$1,435,000
Change: +131% · Conversion: Difficult
RETAIL STORES
$1,060,000
Change: +70% · Conversion: Moderate
AUTO REPAIR, GARAGE
$950,000
Change: +53% · Conversion: Easy
WAREHOUSE, STORAGE
$930,000
Change: +49% · Conversion: Easy
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±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
$86 / 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
$68,004
Tax year 2024
Assessed value
$6,828,500
Assessed 2024
Previous assessed
$6,828,500
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$1,127,600
Assessed improvement
$5,700,900
Land market value
$1,127,600
Improvement market value
$5,700,900
Total market value
$6,828,500
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1985
Heating
NONE
Cooling
YES
Buildings
3
Stories
2
Total area
12,288 SF
Lot
2.41 ac (104,980 SF)
Zoning code
ID
APN
27-01-377-033
UPID
US86-0691758
Jurisdiction
SALT LAKE
Zoning & alternative use
ID · Sandy, UTZoning ID · permitted uses
ID · Sandy, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established to provide for an area of diverse but integrated industrial and commercial uses. Emphasis is placed on achieving an aesthetically attractive, functional area of wide ranging industrial and commercial activity
Zone name
Industrial
General category
INDUSTRIAL
Zone area
298.98 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.8M
RESTAURANT
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$950,000
WAREHOUSE, STORAGE
Est. value
$930,000
COMMERCIAL (GENERAL)
RESTAURANT
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
1985
Heating
NONE
Cooling
Yes
Stories
2
Buildings
3
Lot
2.41 ac
Current owner
From public records · entity-resolved
Richard N Reese Family LLC
Entity
Free & Clear · 2 yrs held
Mailing address
9150 S 300TH W, SANDY, UT 84070-2643
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2023
—
Richard N Reese Family LLC
Richard N Reese Family LLC
Intrafamily Transfer
related
—
Dec 16, 2016
—
Richard N Reese Family LLC
Market Lc
Warranty Deed
$3,500,000 · Miscellaneous Ins Co
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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