Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,320,000
Grocery and convenience stores
11453 Pkwy Plz Dr South Jordan, UT 84095-5614
Entity Owned
Absentee Owner
Free & Clear
Property ID
US86-0971108
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2006
Total area
65,066 SF
Lot
6.53 ac (284,447 SF)
Zoning code
BH-MU
APN
27-20-326-044
UPID
US86-0971108
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.32M
Owner & transaction history
DISTRICT LC
DISTRICT LC
Zoning & alternative use
BH-MU · South Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
It is intended that a variety of retail, office, entertainment and residential uses be combined to create a self-contained environment for workers, shoppers, residents and visitors in a pedestrian oriented unified manner while accommodating automobile traffic to regional services dependent upon a major transportation facility
Zone name
Bangerter Highway Mixed Use
General category
MIXED_USE
Zone area
224.06 ac
Source
Realmo
Top alternative use upside
Medical building
$5.2M
+9.8%
Neighborhood: shopping center
$4.7M
+0.8%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,710,000
Current use
MEDICAL BUILDING
$5,170,000
Change: +10% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,745,000
Change: +1% · Conversion: Moderate
WAREHOUSE, STORAGE
$4,495,000
Change: -4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,125,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$3.32M
Range $2.99M – $3.65M · ±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
$51 / 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
$114,667
Tax year 2023
Assessed value
$11,298,400
Assessed 2023
Previous assessed
$11,298,400
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$3,717,300
Assessed improvement
$7,581,100
Land market value
$3,717,300
Improvement market value
$7,581,100
Total market value
$11,298,400
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2006
Cooling
YES
Stories
1
Total area
65,066 SF
Lot
6.53 ac (284,447 SF)
Zoning code
BH-MU
APN
27-20-326-044
UPID
US86-0971108
Jurisdiction
SALT LAKE
Zoning & alternative use
BH-MU · South Jordan, UTZoning BH-MU · permitted uses
BH-MU · South Jordan, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
It is intended that a variety of retail, office, entertainment and residential uses be combined to create a self-contained environment for workers, shoppers, residents and visitors in a pedestrian oriented unified manner while accommodating automobile traffic to regional services dependent upon a major transportation facility
Zone name
Bangerter Highway Mixed Use
General category
MIXED_USE
Zone area
224.06 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.7M
WAREHOUSE, STORAGE
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$4.1M
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
2006
Cooling
Yes
Stories
1
Lot
6.53 ac
Current owner
From public records · entity-resolved
DISTRICT LC
Individual
Free & Clear · 0 yrs held
Mailing address
101 S 200TH E, SALT LAKE CITY, UT 84111-3104
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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 11453 Pkwy Plz Dr?
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.
