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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Strip malls
11248 Kestrel Rise Rd South Jordan, UT 84009-8255
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0315265
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2009
Construction
STEEL FRAME
Total area
11,728 SF
Lot
0.21 ac (9,148 SF)
Zoning code
P-C
APN
27-19-154-011
UPID
US86-0315265
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
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$619k
Blend (final)
Blend
$620k
Owner & transaction history
Gfc Glendale Associates LLC · 5 yrs held
Gfc Glendale Associates LLC
since 2020
7 recorded transactions
Zoning & alternative use
P-C · South Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$910,000
+24.3%
Auto repair, garage
$860,000
+17.7%
Warehouse, storage
$810,000
+10.8%
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
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$730,000
Current use
MEDICAL BUILDING
$910,000
Change: +24% · Conversion: Difficult
AUTO REPAIR, GARAGE
$860,000
Change: +18% · Conversion: Difficult
WAREHOUSE, STORAGE
$810,000
Change: +11% · Conversion: Difficult
RETAIL STORES
$665,000
Change: -9% · 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
$53 / 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
$21,725
Tax year 2023
Assessed value
$2,140,600
Assessed 2023
Previous assessed
$2,140,600
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$105,200
Assessed improvement
$2,035,400
Land market value
$105,200
Improvement market value
$2,035,400
Total market value
$2,140,600
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 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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2009
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
2
Total area
11,728 SF
Lot
0.21 ac (9,148 SF)
Zoning code
P-C
APN
27-19-154-011
UPID
US86-0315265
Jurisdiction
SALT LAKE
Zoning & alternative use
P-C · South Jordan, UT
Zoning P-C · permitted uses
P-C · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$730,000
MEDICAL BUILDING
Est. value
$910,000
AUTO REPAIR, GARAGE
Est. value
$860,000
WAREHOUSE, STORAGE
Est. value
$810,000
RETAIL STORES
Est. value
$665,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
RETAIL STORES
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
2009
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
Gfc Glendale Associates LLC
Entity
Mailing address
3325 GARFIELD AVE, COMMERCE, CA 90040-3101
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2021
—
G F C Glendale Associates LLC
—
Deed
related
$8,330,000 · Umpqua Bank
Aug 12, 2020
—
Gfc Glendale Associates LLC
Vp Daybreak Soda Row LLC
Grant Deed
$8,200,000 · Vp Daybreak Soda Row LLC
Apr 18, 2019
—
City Of South Jordan
Vp Daybreak Devco LLC
Grant Deed
related
—
Aug 10, 2018
—
Vp Daybreak Soda Row LLC
—
Loan Modification
related
$15,000,000 · Housing Cap
Nov 7, 2017
—
Vp Daybreak Soda Row LLC
—
Loan Modification
related
$31,481,455 · Housing Cap
Dec 22, 2016
—
Vp Daybreak Soda Row LLC
—
Deed Of Trust
related
$45,000,000 · Housing Cap
Jul 18, 2016
—
Vp Daybreak Soda Row LLC
Vp Daybreak Holdings LLC
Quit Claim Deed
—
Dec 22, 2015
—
Kennecott Land Co
Dbvc1 LLC
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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