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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Strip malls
12350 900th E Draper, UT 84020-9317
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0445608
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Construction
WOOD FRAME
Total area
10,781 SF
Lot
0.89 ac (38,768 SF)
Zoning code
CN
APN
28-29-310-030
UPID
US86-0445608
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
-
Heighten Vitality Gym & Fitness Center Alternative Medicine Practice
-
Myesha Dumpster Rental of Draper Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$555k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$499k
Blend (final)
Blend
$530k
Owner & transaction history
Main Street Plaza Properties · 24 yrs held
Main Street Plaza Properties
since 2001
6 recorded transactions
Zoning & alternative use
CN · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$795,000
+31.4%
Retail stores
$780,000
+28.6%
Auto repair, garage
$760,000
+25.6%
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
$555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$605,000
Current use
WAREHOUSE, STORAGE
$795,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$780,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$760,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$49 / 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
$23,609
Tax year 2023
Assessed value
$2,462,400
Assessed 2023
Previous assessed
$2,462,400
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$850,800
Assessed improvement
$1,611,600
Land market value
$850,800
Improvement market value
$1,611,600
Total market value
$2,462,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2002
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
3
Rooms
8
Bathrooms
1
Total area
10,781 SF
Lot
0.89 ac (38,768 SF)
Zoning code
CN
APN
28-29-310-030
UPID
US86-0445608
Jurisdiction
SALT LAKE
Zoning & alternative use
CN · Draper, UT
Zoning CN · permitted uses
CN · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$605,000
WAREHOUSE, STORAGE
Est. value
$795,000
RETAIL STORES
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$760,000
NEIGHBORHOOD: SHOPPING CENTER 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
2002
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
3
Rooms
8
Bathrooms
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Main Street Plaza Properties
Entity
Mailing address
14711 S DRAPER VW CV, DRAPER, UT 84020-7628
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2018
—
Main Street Plaza Props LLC
—
Deed
related
$847,863 · Bank Of The West
Oct 5, 2001
—
Main Street Plaza Properties
Thornton,randall & Gwen
Quit Claim Deed
related
$1,250,000 · Community First National Bank
Jul 21, 1998
—
Randall Thornton
Lewis,gary K & Laura L
Grant Deed
$244,395 · First Security Bank
Apr 23, 1996
—
Gary K Lewis
Kimble,steven C & Sallee K
Grant Deed
$230,310 · Draper Bank & Trust
—
—
Gary K Lewis
—
Deed Of Trust
related
$35,025 · Draper Bank & Trust
—
—
Main Street Plaza Props LLC
—
Deed Of Trust
related
$847,863 · Bank Of The West
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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