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Property profile & analytics
OFF-MARKET
Estimated value
$250,000
Investment properties
11576 State St Ste 1001 Draper, UT 84020-7107
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US86-1479046
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1998
Construction
WOOD FRAME
Total area
991 SF
Lot
0.01 ac (436 SF)
Zoning code
CC
APN
27-24-427-026
UPID
US86-1479046
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
$250k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$250k
Owner & transaction history
Gkm Family LLC · 19 yrs held
Gkm Family LLC
since 2006
3 recorded transactions
Zoning & alternative use
CC · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the CC zone is to provide areas where commercial uses may be established which are generally oriented toward local residents rather than out of town patrons. Uses typical of this zone include planned retail and office development.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
224.86 ac
Source
Realmo
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 Draper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Draper 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
$250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$250k
Range $225k – $275k · ±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
$252 / 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
$2,649
Tax year 2023
Assessed value
$275,600
Assessed 2023
Previous assessed
$275,600
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$82,700
Assessed improvement
$192,900
Land market value
$82,700
Improvement market value
$192,900
Total market value
$275,600
Applied tax rate
51.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1998
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
991 SF
Lot
0.01 ac (436 SF)
Zoning code
CC
APN
27-24-427-026
UPID
US86-1479046
Jurisdiction
SALT LAKE
Zoning & alternative use
CC · Draper, UTZoning CC · permitted uses
CC · Draper, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the CC zone is to provide areas where commercial uses may be established which are generally oriented toward local residents rather than out of town patrons. Uses typical of this zone include planned retail and office development.
Zone name
Community Commercial
General category
COMMERCIAL
Zone area
224.86 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1998
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Gkm Family LLC
Entity
Mailing address
11723 S HIGHLAND OAKS CIR, SANDY, UT 84092-7160
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2006
—
Gkm Family LLC
Crimson Management Lc
Warranty Deed
—
May 28, 2002
—
Gkm Family LLC
Crimson Management Lc
Grant Deed
related
—
—
—
Gkm Family LLC
—
Deed Of Trust
related
$304,009 · Kenlor Lc
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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