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Property profile & analytics
OFF-MARKET
Strip malls
134 4600th S Washington Terrace, UT 84405-5946
Entity Owned
Absentee Owner
Free & Clear
Property ID
US86-0490407
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1943
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,596 SF
Lot
0.31 ac (13,504 SF)
Zoning code
03A
APN
25-020-0008
UPID
US86-0490407
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Letcher Investment Team LLC
Letcher Investment Team LLC
since 2025
5 recorded transactions
Zoning & alternative use
03A · Washington Terrace, 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 Washington Terrace submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washington Terrace 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,800
Tax year 2024
Assessed value
$270,000
Assessed 2024
Previous assessed
$598,000
-54.8% YoY
Effective rate
1.04%
On assessed value
Assessed land
$148,544
Assessed improvement
$121,456
Land market value
$148,544
Improvement market value
$121,456
Total market value
$270,000
Applied tax rate
24.0000
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
1943
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Units
1
Total area
5,596 SF
Lot
0.31 ac (13,504 SF)
Zoning code
03A
APN
25-020-0008
UPID
US86-0490407
Jurisdiction
WEBER
Zoning & alternative use
03A · Washington Terrace, UT
Zoning 03A · permitted uses
03A · Washington Terrace, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Washington Terrace. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1943
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Letcher Investment Team LLC
Entity
Free & Clear · 0 yrs held
Mailing address
615 E 2100TH N, NORTH OGDEN, UT 84414-3131
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2025
—
Letcher Investment Team LLC
Andrew Letcher
Warranty Deed
—
Dec 12, 2023
—
Andrew Letcher
Bdj LLC
Warranty Deed
—
Nov 14, 2022
—
Bdj LLC
M Scott Jensen
Special Warranty Deed
—
Aug 26, 2010
—
M Scott Jensen
Perez-jensen,gloria
Quit Claim Deed
related
—
—
—
Bernel Jensen
—
Deed Of Trust
related
$115,000 · Lewiston State 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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