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Property profile & analytics
OFF-MARKET
Estimated value
$1,685,000
Strip malls
165 7200th S Midvale, UT 84047-3722
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0511944
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
64,701 SF
Lot
5 ac (217,800 SF)
Zoning code
C-3
APN
21-25-276-035
UPID
US86-0511944
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
$1.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.86M
Blend (final)
Blend
$1.69M
Owner & transaction history
Utah Dept Of Transportation · 7 yrs held
Utah Dept Of Transportation
since 2019
7 recorded transactions
Zoning & alternative use
C-3 · Midvale, 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 Midvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midvale 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
$1,510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.69M
Range $1.52M – $1.85M · ±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
$26 / 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
$75,102
Tax year 2023
Assessed value
$6,719,900
Assessed 2023
Previous assessed
$6,719,900
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,515,600
Assessed improvement
$4,204,300
Land market value
$2,515,600
Improvement market value
$4,204,300
Total market value
$6,719,900
Applied tax rate
30.0000
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
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
64,701 SF
Lot
5 ac (217,800 SF)
Zoning code
C-3
APN
21-25-276-035
UPID
US86-0511944
Jurisdiction
SALT LAKE
Zoning & alternative use
C-3 · Midvale, UT
Zoning C-3 · permitted uses
C-3 · Midvale, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Midvale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
5 ac
Current owner
From public records · entity-resolved
Utah Dept Of Transportation
Entity
Free & Clear · 7 yrs held
Mailing address
1475 W 9000TH S, WEST JORDAN, UT 84088-9267
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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 15, 2019
—
Utah Dept Of Transportation
Spirit Spe Portfolio 2012-4 Ll
Grant Deed
related
—
Oct 16, 2012
—
Spirit Spe Portfolio 2012-4 Ll
Sportsmans Warehouse INC
Grant Deed
—
May 20, 2004
—
Sportsman Warehouse INC
—
Deed Of Trust
related
$100,000,000 · Cit Group Business Credit INC
Jul 23, 2002
—
Sports Warehouse INC
Miller Family Real Estate LLC
Grant Deed
related
—
Jun 20, 2002
—
Sports Warehouse INC
Miller Family Real Estate LLC
Quit Claim Deed
related
—
Mar 24, 1998
—
Miller Family Real Estate LLC
Miller,lawrence H & Karen G
Quit Claim Deed
related
—
—
—
Sportsmans Warehouse INC
—
Loan Modification
related
$75,000 · Cit Grp/busn Cr
—
—
Spirit Spe Portfolio 2012-4 Ll
—
Deed Of Trust
related
$24,800,000 · Wells Fargo Bk
—
—
Sports Warehouse INC
—
Deed Of Trust
related
$3,760,000 · Stearns Bank NA
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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