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Property profile & analytics
OFF-MARKET
Estimated value
$1,725,000
Community centers
11532 Pkwy Plz Dr South Jordan, UT 84095
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0575281
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2007
Construction
WOOD FRAME
Total area
17,600 SF
Lot
12.5 ac (544,500 SF)
Zoning code
BH-MU
APN
27-20-326-033
UPID
US86-0575281
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
$1.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$1.73M
Owner & transaction history
District Lc · 8 yrs held
District Lc
since 2017
2 recorded transactions
Zoning & alternative use
BH-MU · South Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.6M
+105.2%
Commercial (general)
$2.5M
+96.9%
Restaurant
$1.8M
+39.3%
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
$1,335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,285,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,635,000
Change: +105% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,530,000
Change: +97% · Conversion: Easy
RESTAURANT
$1,790,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$1,400,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$1,275,000
Change: -1% · Conversion: Easy
WAREHOUSE, STORAGE
$1,215,000
Change: -5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,115,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.73M
Range $1.55M – $1.90M · ±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
$98 / 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
$342,320
Tax year 2023
Assessed value
$33,729,400
Assessed 2023
Previous assessed
$33,729,400
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$6,956,000
Assessed improvement
$26,773,400
Land market value
$6,956,000
Improvement market value
$26,773,400
Total market value
$33,729,400
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2007
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Buildings
11
Stories
1
Units
3
Total area
17,600 SF
Lot
12.5 ac (544,500 SF)
Zoning code
BH-MU
APN
27-20-326-033
UPID
US86-0575281
Jurisdiction
SALT LAKE
Zoning & alternative use
BH-MU · South Jordan, UT
Zoning 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
South Jordan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RESTAURANT
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
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
2007
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
11
Units
3
Lot
12.5 ac
Current owner
From public records · entity-resolved
District Lc
Individual
Mailing address
101 S 200TH E, SALT LAKE CITY, UT 84111-3104
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Aug 4, 2017
—
District Lc
—
Grant Deed
related
$80,000,000 · Ubs Ag
Mar 9, 2010
—
District Lc
—
Deed Of Trust
related
$92,000,000 · Transamerica Life Insurance Co
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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