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Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Grocery and convenience stores
13893 Bangerter Pkwy Draper, UT 84020-5429
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US86-0664692
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2011
Total area
5,368 SF
Lot
2.12 ac (92,347 SF)
Zoning code
CC
APN
34-06-327-034
UPID
US86-0664692
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
-
Jimmy John's Take-out & Catering
-
Sinclair Gas Station Gas Station
-
Sinclair Auto Auto Repair Shop
-
Ernie's Prostop Grocery & Convenience Store
-
CoinFlip Bitcoin ATM Commercial Agent Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$907k
Blend (final)
Blend
$950k
Owner & transaction history
The Gas Patch LLC · 5 yrs held
The Gas Patch LLC
since 2021
3 recorded transactions
Zoning & alternative use
CC · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.3M
+328.7%
Restaurant
$590,000
+96.4%
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
$615,000
CAP Approach
CAP Return
Estimation
6%
$1,435,000
6.5%
$1,325,000
7%
$1,230,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,290,000
Change: +329% · Conversion: Difficult
RESTAURANT
$590,000
Change: +96% · Conversion: Difficult
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±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
$177 / 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
$46,765
Tax year 2023
Assessed value
$4,877,500
Assessed 2023
Previous assessed
$4,877,500
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$2,965,800
Assessed improvement
$1,911,700
Land market value
$2,965,800
Improvement market value
$1,911,700
Total market value
$4,877,500
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
2011
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Total area
5,368 SF
Lot
2.12 ac (92,347 SF)
Zoning code
CC
APN
34-06-327-034
UPID
US86-0664692
Jurisdiction
SALT LAKE
Zoning & alternative use
CC · Draper, UT
Zoning CC · permitted uses
CC · 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
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
RESTAURANT
Est. value
$590,000
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
2011
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.12 ac
Current owner
From public records · entity-resolved
The Gas Patch LLC
Entity
Mailing address
PO BOX 910550, SAINT GEORGE, UT 84791-0550
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2021
—
The Gas Patch LLC
Overland Petroleum LLC
Special Warranty Deed
$8,075,000 · Zb NA
Sep 25, 2014
—
Overland Petroleum LLC
Miller Family Real Estate L L C
Special Warranty Deed
—
Jun 12, 2012
—
Miller Family R & E LLC
—
Deed Of Trust
related
$280,000,000 · Comerica 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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