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Property profile & analytics
FOR LEASE
Investment properties
11734 S Election Rd, Draper, UT 84020
Entity Owned
1-yr Hold
Free & Clear
Property ID
US86-0692850
For Lease
1 / 3
$27 SF/Yr
11734 S Election Rd, Draper, UT 84020
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2000
Construction
CONCRETE
Total area
52,700 SF
Lot
2.9 ac (126,324 SF)
Zoning code
CBP
APN
27-24-476-005
UPID
US86-0692850
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
Current use
Occupant on record · Public records
-
Control4 General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.97M
Owner & transaction history
X Wh Redf2 Tse Lone Peak Propco LLC · 1 yrs held
X Wh Redf2 Tse Lone Peak Propco LLC
since 2025
7 recorded transactions
Zoning & alternative use
CBP · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$56 / 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
$94,244
Tax year 2023
Assessed value
$9,795,500
Assessed 2023
Previous assessed
$9,795,500
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$3,031,800
Assessed improvement
$6,763,700
Land market value
$3,031,800
Improvement market value
$6,763,700
Total market value
$9,795,500
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
For Lease
Year built
2000
Construction
CONCRETE
Heating
HOT WATER
Buildings
2
Stories
1
Units
8
Total area
52,700 SF
Lot
2.9 ac (126,324 SF)
Zoning code
CBP
APN
27-24-476-005
UPID
US86-0692850
Jurisdiction
SALT LAKE
Zoning & alternative use
CBP · Draper, UT
Zoning CBP · permitted uses
CBP · Draper, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Draper. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
CONCRETE
Heating
HOT WATER
Stories
1
Buildings
2
Units
8
Lot
2.9 ac
Current owner
From public records · entity-resolved
X Wh Redf2 Tse Lone Peak Propco LLC
Entity
Free & Clear · 1 yrs held
Mailing address
11778 S ELECTION RD STE #240, DRAPER, UT 84020-6808
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2025
—
X Wh Redf2 Tse Lonepark Propco LLC
—
Deed
related
$34,790,000 · Citibank NA
Feb 27, 2025
—
X Wh Redf2 Tse Lone Peak Propco LLC
Michael R Brown
Deed
—
Nov 16, 2018
—
Harbert Msb Lone Peak Campus LLC
—
Deed
related
$780,000,000 · Ored II Finance Sub-holding 2 LLC
Apr 16, 2015
—
Msb Lone Peak Campus L Harbert
Jowsey-draper LLC
Grant Deed
—
Jul 10, 2012
—
Tic Draper Tech Park LLC
For 1031 Draper LLC
Quit Claim Deed
related
—
Sep 30, 2005
—
Posner-draper LLC
For 1031 Draper LLC
Grant Deed
—
Sep 29, 2005
—
1031 Draper LLC
Draper/cg LLC
Special Warranty Deed
$19,500,000 · Bridger Commercial Funding LLC
Nov 29, 2000
—
Draper/cg LLC
—
Grant Deed
related
$4,700,000 · Bank Of America
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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