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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Industrial properties
9487 500th W, Sandy, UT 84070-6507
Individually Owned
31-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0316313
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1990
Construction
STEEL FRAME
Total area
8,500 SF
Lot
0.86 ac (37,462 SF)
Zoning code
ID
APN
27-12-126-005
UPID
US86-0316313
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
-
Rob Diamond Agency Employment Agency
-
RUKSE Auto Parts Store
-
B.K. Drywall, Inc. Hardware & Home Improvement Interior Design
-
Prepare my life Department Store Discount Store
-
Megatrol Inc Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
$860k
Comparable Approach
Comparable
$620k
Blend (final)
Blend
$620k
Owner & transaction history
Lee Sadler · 31 yrs held
Lee Sadler
since 1995
2 recorded transactions
Zoning & alternative use
ID · Sandy, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$995,000
+130.9%
Retail stores
$735,000
+70.3%
Auto repair, garage
$655,000
+52.7%
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
$620,000
CAP Approach
CAP Return
Estimation
6%
$930,000
6.5%
$860,000
7%
$795,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$430,000
Current use
RESTAURANT
$995,000
Change: +131% · Conversion: Difficult
RETAIL STORES
$735,000
Change: +70% · Conversion: Moderate
AUTO REPAIR, GARAGE
$655,000
Change: +53% · Conversion: Easy
WAREHOUSE, STORAGE
$640,000
Change: +49% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$73 / 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
$21,959
Tax year 2024
Assessed value
$2,233,600
Assessed 2024
Previous assessed
$2,233,600
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$701,800
Assessed improvement
$1,531,800
Land market value
$701,800
Improvement market value
$1,531,800
Total market value
$2,233,600
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
1990
Construction
STEEL FRAME
Heating
SPACE
Buildings
5
Stories
2
Total area
8,500 SF
Lot
0.86 ac (37,462 SF)
Zoning code
ID
APN
27-12-126-005
UPID
US86-0316313
Jurisdiction
SALT LAKE
Zoning & alternative use
ID · Sandy, UT
Zoning ID · permitted uses
ID · 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
INDUSTRIAL (GENERAL) Current
Est. value
$430,000
RESTAURANT
Est. value
$995,000
RETAIL STORES
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$655,000
WAREHOUSE, STORAGE
Est. value
$640,000
INDUSTRIAL (GENERAL) Current
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
1990
Construction
STEEL FRAME
Heating
SPACE
Stories
2
Buildings
5
Lot
0.86 ac
Current owner
From public records · entity-resolved
Lee Sadler
Individual
Mailing address
11241 S TRENT DR, SOUTH JORDAN, UT 84095-4005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1995
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
May 2, 1995
—
Lee Sadler
Astro Leasing Co
Grant Deed
related
—
—
—
Lee Sadler
—
Deed Of Trust
related
$35,739 · Beehive Cu
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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