Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Manufacturing properties
9547 500th W Sandy, UT 84070-2529
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US86-0464018
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,532 SF
Lot
0.69 ac (30,056 SF)
Zoning code
ID
APN
27-12-126-017
UPID
US86-0464018
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
-
Wallboard Specialties, Inc Construction Company
-
Salt Lake Prefab Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$771k
Blend (final)
Blend
$965k
Owner & transaction history
Wallboard Specialties INC · 6 yrs held
Wallboard Specialties INC
since 2020
Last sale
$962,000
7 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
Restaurant
$1.3M
+130.9%
Retail stores
$995,000
+70.3%
Auto repair, garage
$890,000
+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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,260,000
6.5%
$1,165,000
7%
$1,080,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$585,000
Current use
RESTAURANT
$1,345,000
Change: +131% · Conversion: Difficult
RETAIL STORES
$995,000
Change: +70% · Conversion: Moderate
AUTO REPAIR, GARAGE
$890,000
Change: +53% · Conversion: Easy
WAREHOUSE, STORAGE
$870,000
Change: +49% · Conversion: Easy
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±10% · vs last sale $962k (Jul 28 2020)
Last sale anchor
$962k
Jul 28 2020
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
$84 / 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
$27,272
Tax year 2024
Assessed value
$2,774,100
Assessed 2024
Previous assessed
$2,774,100
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$607,100
Assessed improvement
$2,167,000
Land market value
$607,100
Improvement market value
$2,167,000
Total market value
$2,774,100
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
2
Stories
2
Total area
11,532 SF
Lot
0.69 ac (30,056 SF)
Zoning code
ID
APN
27-12-126-017
UPID
US86-0464018
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
INDUSTRIAL (GENERAL) Current
Est. value
$585,000
RESTAURANT
Est. value
$1.3M
RETAIL STORES
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$890,000
WAREHOUSE, STORAGE
Est. value
$870,000
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
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
2
Buildings
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Wallboard Specialties INC
Entity
Mailing address
9547 S 500TH W, SANDY, UT 84070-2529
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2020
—
Middleton Land LLC
—
Deed
related
$5,000 · First Ut Bk
Jul 28, 2020
$962,000
Wallboard Specialties INC
Middleton Land LLC
Grant Deed
—
Jul 28, 2020
—
Middleton Land LLC
—
Deed
related
$962,000 · Mountain W Small Busn Fin
Jul 21, 2020
—
Middicton Land LLC
Debirk Invcstmerits LLC
Warranty Deed
—
Nov 24, 2015
—
Debirk Investments LLC
—
Trustees Deed
related
$487,000 · Us Bk
Dec 29, 2011
—
Debirk Investments LLC
Kilgore Companies LLC
Warranty Deed
$963,000 · Zions First National Bank
Sep 15, 2010
—
Harper-kilgore LLC
Creative Properties LLC
Grant Deed
—
Feb 12, 2010
—
Creative Properties LLC
—
Deed Of Trust
related
$1,300,000 · Zions First National Bank
—
—
Middleton Land LLC
—
Deed Of Trust
related
$1,161,500 · First Ut Bk
—
—
Middleton Land LLC
—
Deed Of Trust
related
$962,000 · Mountain W Small Busn Fin
—
—
Middleton Land LLC
—
Deed Of Trust
related
$5,000 · First Ut Bk
—
—
Creative Properties Ltd
—
Deed Of Trust
related
$295,000 · Wells Fargo Bank Northwest NA
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9547 500th W?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
