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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Specialty properties
11859 700th E Draper, UT 84020-9729
Entity Owned
10-yr Hold
Property ID
US86-0396941
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
2016
Total area
11,600 SF
Lot
0.84 ac (36,590 SF)
Zoning code
CC
APN
28-29-104-003
UPID
US86-0396941
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
-
Anderson & Goff Mortuary Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$635k
Owner & transaction history
Anderson Property Holdings LLC · 10 yrs held
Anderson Property Holdings LLC
since 2015
7 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
Top alternative use upside
Warehouse, storage
$855,000
+56.9%
Retail stores
$835,000
+53.5%
Auto repair, garage
$815,000
+50.0%
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
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL)
$545,000
Current use
WAREHOUSE, STORAGE
$855,000
Change: +57% · Conversion: Difficult
RETAIL STORES
$835,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$815,000
Change: +50% · Conversion: Difficult
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$55 / 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
$24,646
Tax year 2023
Assessed value
$2,570,500
Assessed 2023
Previous assessed
$2,570,500
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$410,300
Assessed improvement
$2,160,200
Land market value
$410,300
Improvement market value
$2,160,200
Total market value
$2,570,500
Applied tax rate
55.0000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
10
Bathrooms
2
Total area
11,600 SF
Lot
0.84 ac (36,590 SF)
Zoning code
CC
APN
28-29-104-003
UPID
US86-0396941
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
Alternative use value scenarios
Repositioning upside vs current use
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
Est. value
$545,000
WAREHOUSE, STORAGE
Est. value
$855,000
RETAIL STORES
Est. value
$835,000
AUTO REPAIR, GARAGE
Est. value
$815,000
CEMETERY, FUNERAL HOME, MORTUARY (COMMERCIAL) Current
WAREHOUSE, STORAGE
RETAIL STORES
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
2016
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
10
Bathrooms
2
Lot
0.84 ac
Current owner
From public records · entity-resolved
Anderson Property Holdings LLC
Entity
Mailing address
8090 S STATE ST, MIDVALE, UT 84047-3243
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2018
—
Anderson Property Holdings LLC
—
Deed
related
$1,159,000 · Us Small Busn Admn
Feb 22, 2018
—
Anderson Property Holdings LLC
—
Deed
related
$1,120,600 · Us Bk
Oct 23, 2015
—
Anderson Property Holdings LLC
Chad M Anderson
Intrafamily Transfer
related
$1,635,600 · Us Bank NA
Jan 16, 2014
—
Chad M Anderson
Eric Wasescha
Personal Representative Deed
$256,000 · Plaza Home Mortgage INC
—
—
Blaine E Wasescha
—
Deed Of Trust
related
$30,000 · Mountain America Cu
—
—
Blaine E Masescha
—
Deed Of Trust
related
$55,000 · America First Cu
—
—
Anderson Property Holdings LLC
—
Loan Modification
related
$1,120,600 · Us Bk
—
—
Blaine E Wasescha
—
Deed Of Trust
related
$20,000 · America First Cu
—
—
Anderson Property Holdings LLC
—
Deed Of Trust
related
$1,159,000 · Us Small Busn Admn
—
—
Blaine Wasescha
—
Deed Of Trust
related
$80,000 · Westgate Mortgage INC
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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