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Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Individual retail properties
10300 Redwood Rd, South Jordan, UT 84095-2440
Entity Owned
5-yr Hold
Free & Clear
Property ID
US86-0237520
Property summary
AI-generated overview
This exceptional investment opportunity presents a fully operational, 33,500 square foot indoor recreation center situated on a 1.81-acre lot in South Jordan, Utah. The property, located at 10300 S Redwood Rd, 84095, within Salt Lake County, boasts a two-story building with a main level encompassing 26,492 square feet and a 6,995 square foot upper level. The center is zoned M-U and features a diverse range of amenities designed to cater to a broad clientele. These include a basketball court, a swimming pool, fully equipped aerobic and weight rooms, and a dedicated children's play area, along with a reception area and other supporting spaces. The property's substantial size and comprehensive facilities make it an ideal acquisition for investors seeking a high-return asset in a thriving community. The asking price for this turnkey operation is $5,975,000. Further details are available upon request. This property is quietly marketed
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
30,235 SF
Lot
1.81 ac (78,844 SF)
Zoning code
M-U
APN
27-15-127-015
UPID
US86-0237520
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
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$656k
Blend (final)
Blend
$790k
Owner & transaction history
Utahs Aquatics Academy LLC · 5 yrs held
Utahs Aquatics Academy LLC
since 2020
2 recorded transactions
Zoning & alternative use
M-U · South Jordan, 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 South Jordan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Jordan 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
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
GYM, HEALTH SPA
$915,000
Current use
Blend value · Realmo final
$790k
Range $711k – $869k · ±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
$26 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$23,453
Tax year 2023
Assessed value
$2,311,000
Assessed 2023
Previous assessed
$2,311,000
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$1,766,100
Assessed improvement
$544,900
Land market value
$1,766,100
Improvement market value
$544,900
Total market value
$2,311,000
Applied tax rate
38.0000
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
30,235 SF
Lot
1.81 ac (78,844 SF)
Zoning code
M-U
APN
27-15-127-015
UPID
US86-0237520
Jurisdiction
SALT LAKE
Zoning & alternative use
M-U · South Jordan, UT
Zoning M-U · permitted uses
M-U · South Jordan, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Jordan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
GYM, HEALTH SPA Current
Est. value
$915,000
GYM, HEALTH SPA Current
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
1983
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
1.81 ac
Current owner
From public records · entity-resolved
Utahs Aquatics Academy LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4543 S HOLLADAY BLVD, SALT LAKE CITY, UT 84117-4425
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2022
—
10300 Redwood Road LLC
—
Deed
related
$1,680,000 · Key Bank NA
Aug 10, 2020
—
Utahs Aquatics Academy LLC
Salt Lake Cnty
Grant Deed
—
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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