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Property profile & analytics
OFF-MARKET
Estimated value
$335,000
Apartment buildings
1288 5600th S Murray, UT 84121-1062
Entity Owned
4-yr Hold
Free & Clear
Property ID
US86-0126462
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1945
Total area
1,531 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R-M-10
APN
22-17-277-028
UPID
US86-0126462
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
$335k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$335k
Owner & transaction history
Mlll Properties LLC · 4 yrs held
Mlll Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
R-M-10 · Murray, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide areas for multiple-family low density residential with an opportunity for varied housing styles and character
Zone name
Residential Multifamily Low Density
General category
RESIDENTIAL
Zone area
321.14 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 Murray submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murray 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
$335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$335k
Range $302k – $369k · ±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
$219 / 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
$4,552
Tax year 2023
Assessed value
$800,000
Assessed 2023
Previous assessed
$800,000
+0.0% YoY
Effective rate
0.57%
On assessed value
Assessed land
$473,400
Assessed improvement
$326,600
Land market value
$473,400
Improvement market value
$326,600
Total market value
$800,000
Applied tax rate
21.0000
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
1945
Heating
FORCED AIR
Buildings
3
Stories
1
Units
1
Rooms
16
Bathrooms
4
Total area
1,531 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R-M-10
APN
22-17-277-028
UPID
US86-0126462
Jurisdiction
SALT LAKE
Zoning & alternative use
R-M-10 · Murray, UTZoning R-M-10 · permitted uses
R-M-10 · Murray, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide areas for multiple-family low density residential with an opportunity for varied housing styles and character
Zone name
Residential Multifamily Low Density
General category
RESIDENTIAL
Zone area
321.14 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1945
Heating
FORCED AIR
Stories
1
Buildings
3
Units
1
Rooms
16
Bathrooms
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
Mlll Properties LLC
Entity
Free & Clear · 4 yrs held
Mailing address
6174 W THORNTON CIR, HIGHLAND, UT 84003-3542
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2022
—
Mlll Properties LLC
Chieu Vinh Lieu
Warranty Deed
—
Dec 17, 2020
—
Chieu V Lieu
Bluemountain 1 LLC
Quit Claim Deed
$457,500 · My Move Mtg LLC
Aug 15, 2017
—
Bluemountain 1 LLC
Bm 6 Utah LLC
Quit Claim Deed
related
—
May 22, 2017
—
Bluemountain 1 LLC
Bm 6 Utah LLC
Quit Claim Deed
related
—
May 19, 2017
—
Bm 6 Utah LLC
Hoey,ray
Warranty Deed
$388,133 · Other Institutional Lenders
Oct 10, 2006
—
Ray Hoey
James Antonin Sedlar
Warranty Deed
$247,000 · Countrywide Home Loans INC
May 19, 2005
—
James Antonin Sedlar
Exchange Properties LLC
Warranty Deed
—
Mar 24, 2004
—
Exchange Properties Lc
Lindman,wilford B
Grant Deed
related
—
—
—
Exchange Properties LLC
—
Deed Of Trust
related
$175,000 · Community First National Bank
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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