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Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Apartment buildings
12555 Ft St Draper, UT 84020
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US86-0418436
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2019
Total area
16,632 SF
Lot
1.76 ac (76,666 SF)
Zoning code
TC
APN
28-29-377-039
UPID
US86-0418436
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
$1.28M
CAP Approach
CAP
$2.50M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
Jf Peak Partners LLC · 5 yrs held
Jf Peak Partners LLC
since 2021
6 recorded transactions
Zoning & alternative use
TC · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the TC town center zone is to provide a method for implementing special provisions found within the general plan and the Draper City conservation area master plan regarding the establishment and promotion of a historic core area of the community characterized by stringent design standards for buildings, public spaces, site design and landscapi…
Zone name
Town Center
General category
CIVIC_INSTITUTIONAL
Zone area
118.93 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
$1,280,000
CAP Approach
CAP Return
Estimation
6%
$2,710,000
6.5%
$2,500,000
7%
$2,325,000
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±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
$114 / 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
$66,616
Tax year 2023
Assessed value
$12,632,500
Assessed 2023
Previous assessed
$12,632,500
+0.0% YoY
Effective rate
0.53%
On assessed value
Assessed land
$1,707,700
Assessed improvement
$10,924,800
Land market value
$1,707,700
Improvement market value
$10,924,800
Total market value
$12,632,500
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2019
Heating
CENTRAL
Cooling
YES
Buildings
9
Stories
1
Units
13
Rooms
12
Bathrooms
2
Total area
16,632 SF
Lot
1.76 ac (76,666 SF)
Zoning code
TC
APN
28-29-377-039
UPID
US86-0418436
Jurisdiction
SALT LAKE
Zoning & alternative use
TC · Draper, UTZoning TC · permitted uses
TC · 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 TC town center zone is to provide a method for implementing special provisions found within the general plan and the Draper City conservation area master plan regarding the establishment and promotion of a historic core area of the community characterized by stringent design standards for buildings, public spaces, site design and landscaping with a harmonious mix of commercial uses, limited high density residential uses and civic areas.
Zone name
Town Center
General category
CIVIC_INSTITUTIONAL
Zone area
118.93 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2019
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
9
Units
13
Rooms
12
Bathrooms
2
Lot
1.76 ac
Current owner
From public records · entity-resolved
Jf Peak Partners LLC
Entity
Mailing address
1216 W LEGACY XING BLVD, CENTERVILLE, UT 84014-5590
Ownership since
2021
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 29, 2021
—
Jf Peak Partners LLC
Landing Point Exchange Lc
Special Warranty Deed
$8,344,600 · A10 Capital LLC
May 8, 2019
—
Landing Point Apartments Lc
—
Deed Of Trust
related
$7,360,000 · Stearns Bk Natl Assn
Apr 19, 2018
—
J Fisher Companies LLC
Ethel B Johnson
Warranty Deed
related
—
Jan 10, 2003
—
Ethel B Johnson
Johnson,ethel B
Quit Claim Deed
related
$100,000 · Washington Mutual Fsb
—
—
Landing Point Apartments Lc
—
Deed Of Trust
related
$1,051,462 · Stearns Bk Natl Assn
—
—
Ethel B Johnson
—
Deed Of Trust
related
$446,136 · Bank Of American Fork
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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