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Property profile & analytics
OFF-MARKET
Estimated value
$810,000
Community centers
1685 Towne Ctr Dr South Jordan, UT 84095-8697
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US86-0016912
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2002
Construction
WOOD FRAME
Total area
7,506 SF
Lot
1.42 ac (61,855 SF)
Zoning code
MU
APN
27-15-401-059
UPID
US86-0016912
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
$720k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$902k
Blend (final)
Blend
$810k
Owner & transaction history
Dm Town Center LLC · 19 yrs held
Dm Town Center LLC
since 2007
3 recorded transactions
Zoning & alternative use
MU · South Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.1M
+105.2%
Commercial (general)
$1.1M
+96.9%
Restaurant
$765,000
+39.3%
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 South Jordan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Jordan 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
$720,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$545,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,125,000
Change: +105% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,080,000
Change: +97% · Conversion: Easy
RESTAURANT
$765,000
Change: +39% · Conversion: Difficult
MEDICAL BUILDING
$595,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$545,000
Change: -1% · Conversion: Easy
WAREHOUSE, STORAGE
$520,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$810k
Range $729k – $891k · ±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
$108 / 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
$58,839
Tax year 2023
Assessed value
$5,797,500
Assessed 2023
Previous assessed
$5,797,500
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$1,028,300
Assessed improvement
$4,769,200
Land market value
$1,028,300
Improvement market value
$4,769,200
Total market value
$5,797,500
Applied tax rate
38.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
2002
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
5
Total area
7,506 SF
Lot
1.42 ac (61,855 SF)
Zoning code
MU
APN
27-15-401-059
UPID
US86-0016912
Jurisdiction
SALT LAKE
Zoning & alternative use
MU · South Jordan, UT
Zoning MU · permitted uses
MU · South Jordan, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Jordan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$545,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$765,000
MEDICAL BUILDING
Est. value
$595,000
RETAIL STORES
Est. value
$545,000
WAREHOUSE, STORAGE
Est. value
$520,000
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2002
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
5
Lot
1.42 ac
Current owner
From public records · entity-resolved
Dm Town Center LLC
Entity
Mailing address
1400 MAIDEN LN, DEL MAR, CA 92014-2500
Ownership since
2007
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 1, 2017
—
Dm Town Center LLC
—
Grant Deed
related
$12,100,000 · Miscellaneous Ins Co
May 24, 2007
—
Dm Town Center LLC
South Jordan Town Center Lc
Grant Deed
$12,700,000 · Pnc Bank
Sep 8, 2005
—
Utah Dept Of Transportation
South Jordan Town Center Lc
Warranty Deed
related
—
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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