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Property profile & analytics
OFF-MARKET
Estimated value
$12,490,000
Medical Office Space
11520 Redwood Rd South Jordan, UT 84095-7805
Entity Owned
1-yr Hold
Free & Clear
Property ID
US86-0877689
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2013
Total area
140,154 SF
Lot
11.92 ac (519,235 SF)
Zoning code
Z-C-C
APN
27-22-326-032
UPID
US86-0877689
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
$10.83M
Blend (final)
Blend
$12.49M
Owner & transaction history
Ihc Health Services INC · 1 yrs held
Ihc Health Services INC
since 2025
1 recorded transaction
Zoning & alternative use
Z-C-C · South Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$20.1M
+80.7%
Restaurant
$14.2M
+27.9%
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
MEDICAL BUILDING
$11,140,000
Current use
COMMERCIAL (GENERAL)
$20,130,000
Change: +81% · Conversion: Easy
RESTAURANT
$14,240,000
Change: +28% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,220,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$10,140,000
Change: -9% · Conversion: Difficult
WAREHOUSE, STORAGE
$9,685,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$12.49M
Range $11.24M – $13.74M · ±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
$89 / 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
$4,053
Tax year 2023
Assessed value
$39,935,600
Assessed 2023
Previous assessed
$39,935,600
+0.0% YoY
Effective rate
0.01%
On assessed value
Assessed land
$8,567,400
Assessed improvement
$31,368,200
Land market value
$8,567,400
Improvement market value
$31,368,200
Total market value
$39,935,600
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 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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2013
Heating
NONE
Buildings
4
Stories
2
Total area
140,154 SF
Lot
11.92 ac (519,235 SF)
Zoning code
Z-C-C
APN
27-22-326-032
UPID
US86-0877689
Jurisdiction
SALT LAKE
Zoning & alternative use
Z-C-C · South Jordan, UT
Zoning Z-C-C · permitted uses
Z-C-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
MEDICAL BUILDING Current
Est. value
$11.1M
COMMERCIAL (GENERAL)
Est. value
$20.1M
RESTAURANT
Est. value
$14.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.2M
RETAIL STORES
Est. value
$10.1M
WAREHOUSE, STORAGE
Est. value
$9.7M
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2013
Heating
NONE
Stories
2
Buildings
4
Lot
11.92 ac
Current owner
From public records · entity-resolved
Ihc Health Services INC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 3390, SALT LAKE CITY, UT 84110-3390
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2025
—
Ihc Health Services INC
Ihc Health Services INC
Deed
related
—
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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