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    Property profile & analytics

    9291 Quarry Bend Dr Sandy, UT 84094

    • Warehouses
    • 139,922 SF
    • 14.82 lot acres
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US86-0277578
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Installation Services / Contractor
    • Lowe's ProServices / Building Materials Supplier
    • lowes Garage Door Repair Opener Installation / Garage Door Supplier
    • Lowe's Garden Center / Garden Center
    • Primo Water Exchange / Bottled Water Supplier

    Property Details for 9291 Quarry Bend Dr

    Year built
    2006
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    14.82 lot acres
    Property size
    139,922 SF
    Zone code
    SD(X)
    Property type
    Warehouses
    APN
    28-05-451-008
    APU
    2805451008

    Description

    This exceptional 0.78-acre retail property, located at 9291 Quarry Bend Drive in Sandy, Utah, presents a rare investment opportunity. Situated in the desirable Quarry Bend area, this pad site is subject to Lowe's CC&Rs. The property's convenient location within Salt Lake County, zip code 84094 (latitude 40.5828834, longitude -111.8602122), offers excellent visibility and accessibility for businesses. Its 0.78-acre lot size provides ample space for development, making it ideal for a variety of retail uses. The property is currently offered for sale

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,610,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.86
    Latitude
    40.583
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $165,960
    $9,795,000
    $7,086,300
    $16,881,300
    -
    $9,795,000
    $7,086,300
    $16,881,300

    Comparable in this City

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      $290,000
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      999 Galena Dr

      WAREHOUSE, STORAGE • 7,224 SF
      999 Galena Dr, Sandy, UT 84094-4066
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    • Value Estimation
      $385,000
      4,080 SF

      1270 10600th S

      WAREHOUSE, STORAGE • 4,080 SF
      1270 10600th S, Sandy, UT 84094-6101
      View Details
    • Value Estimation
      $270,000
      0.07 Acres

      720 9085th S

      INDUSTRIAL (GENERAL) • 0.07 Acres
      720 9085th S, Sandy, UT 84094-3064
      View Details
    • Value Estimation
      $260,000
      0.04 Acres

      1190 9400th S

      INDUSTRIAL (GENERAL) • 0.04 Acres
      1190 9400th S, Sandy, UT 84094-3172
      View Details
    • Value Estimation by Request
      47,000 SF

      1218 7800

      Office Properties & Spaces • 47,000 SF
      1218 7800, Midvale, UT 84094
      View Details

    Similar Nearby for Sale

    • $375,000
      0.42 Acres

      Sandy Commercial Land - $375K

      0.42-acre commercial lot, ready to build.
      8955 700, Sandy, UT 84094
      View Details
    • Contact for pricing
      0.78 Acres

      Sandy Retail Pad - Quarry Bend

      Prime 0.78-acre retail lot for sale.
      9291 Quarry Bend Dr, Sandy, UT 84094
      View Details
    • $9,670,000
      49,589 SF

      Class-A Office Building with Parking

      Well-maintained office building with private parking in Sandy, Utah.
      1220 E 7800 S, Sandy, UT 84094
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    • $11,250,000
      49,589 SF

      High Point Office Building, Sandy, UT

      Class A Office, 49,589 SF, Vacant
      1218 7800, Midvale, UT 84094
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    • $500,000
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      Professionally Designed Office Suite

      Versatile office suite in high-demand commercial area.
      750 E 9000 S, Sandy, UT 84094
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    Similar Nearby for Lease

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      165,833 SF

      Alta View Plaza Retail Center

      Salt Lake City retail space available.
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      450,000 SF

      Quarry Bend Retail Center Space

      High-income area retail space available. Multiple sizes.
      9400 1000, Sandy, UT 84094
      View Details
    • $22 SF/Yr
      1,925 SF

      Class-A Office Space Available

      Well-maintained office space with freeway access and ample parking.
      1218 E 7800 S, Sandy, UT 84094
      View Details
    • $15 SF/Yr
      2,763 SF

      Sandy Office/Retail Space Available

      2,763 SF office/retail space with private entrance.
      8684-8686 S 1300 E, Sandy, UT 84094
      View Details
    • Contact for pricing
      5,388 SF

      Retail Pads in Smith's Center

      Retail pads available for ground lease or build-to-suit.
      10257-10305 S 1300 E, Sandy, UT 84094
      View Details
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    Sandy, UT 84094
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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