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Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Hotels
12605 Minuteman Dr Draper, UT 84020-8698
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-1465680
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,404 SF
Lot
1.47 ac (64,033 SF)
Zoning code
CR
APN
28-31-101-069
UPID
US86-1465680
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
-
Ramada by Wyndham Draper Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$915k
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.11M
Owner & transaction history
Draper Hospitality 12605 LLC · 1 yrs held
Draper Hospitality 12605 LLC
since 2025
7 recorded transactions
Zoning & alternative use
CR · 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
Method
Estimation
Statistic approach
by Request
ML approach
$915,000
CAP Approach
CAP Return
Estimation
6%
$1,405,000
6.5%
$1,295,000
7%
$1,205,000
Blend value · Realmo final
$1.11M
Range $995k – $1.22M · ±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
$17,401
Tax year 2023
Assessed value
$2,336,400
Assessed 2023
Previous assessed
$2,336,400
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed land
$1,412,900
Assessed improvement
$923,500
Land market value
$1,412,900
Improvement market value
$923,500
Total market value
$2,336,400
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Units
51
Rooms
9
Bathrooms
1
Total area
22,404 SF
Lot
1.47 ac (64,033 SF)
Zoning code
CR
APN
28-31-101-069
UPID
US86-1465680
Jurisdiction
SALT LAKE
Zoning & alternative use
CR · Draper, UT
Zoning CR · permitted uses
CR · 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
1996
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Units
51
Rooms
9
Bathrooms
1
Lot
1.47 ac
Current owner
From public records · entity-resolved
Draper Hospitality 12605 LLC
Entity
Mailing address
315 N ADMIRAL BYRD RD, SALT LAKE CITY, UT 84116-3717
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2025
—
Draper Hospitality 12605 LLC
—
Deed
related
$1,224,000 · Mountain West Small Business Finance
Jan 23, 2025
—
Draper Hospitality 12605 LLC
Snn Management INC
Warranty Deed
$3,719,820 · University First FCU
Dec 10, 2024
—
Snn Management INC
Shree Hari LLC
Warranty Deed
—
Nov 8, 2019
—
Shree Hari LLC
—
Deed
related
$2,428,800 · Mountain America FCU
Mar 30, 2007
—
Paragon Hospitality LLC
Joong Y Kim
Warranty Deed
$1,106,000 · Silver State Bank
Oct 1, 1999
—
Joong Y Kim
Murphy & Weisntein LLC
Grant Deed
related
—
Sep 27, 1995
—
Steve Weinstein
Rees Trust
Grant Deed
related
—
—
—
Murphy & Weinstein LLC
—
Deed Of Trust
related
$250,000 · Individual
—
—
Murphy & Weinstein LLC
—
Deed Of Trust
related
$275,000 · Guardian State Bank
—
—
Econo Lodge Draper
—
Deed Of Trust
related
$450,000 · Guardian State Bank
—
—
Paragon Hospitality LLC
—
Deed Of Trust
related
$518,000 · Utah Certified Development Co
—
—
Paragon Hospitality LLC
—
Deed Of Trust
related
$1,500,000 · Security Svc FCU
—
—
Murphy & Weinstein LLC
—
Deed Of Trust
related
$550,000 · Guardian State Bank
—
—
Murphy & Weinstein LLC
—
Deed Of Trust
related
$609,000 · Greater Salt Lake Business Dis
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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