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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Grocery and convenience stores
1977 12600th S, Riverton, UT 84065-7045
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US86-0692471
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
2011
Total area
5,315 SF
Lot
2.15 ac (93,654 SF)
APN
27-34-102-011
UPID
US86-0692471
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
-
Hokulia Shave Ice - Riverton Restaurant Take-out & Catering
-
ProStop Grocery & Convenience Store
-
Sinclair Gas Station Grocery & Convenience Store
-
Riverton Flower Delivery (Bike/Boat/Book/etc) Store Florist
-
Sinclair Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$623k
Blend (final)
Blend
$505k
Owner & transaction history
The Gas Patch LLC · 5 yrs held
The Gas Patch LLC
since 2021
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$795,000
+153.1%
Restaurant
$630,000
+100.8%
Commercial (general)
$615,000
+96.2%
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 Riverton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverton 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
$390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$315,000
Current use
APARTMENT HOUSE (5+ UNITS)
$795,000
Change: +153% · Conversion: Difficult
RESTAURANT
$630,000
Change: +101% · Conversion: Difficult
COMMERCIAL (GENERAL)
$615,000
Change: +96% · Conversion: Easy
WAREHOUSE, STORAGE
$490,000
Change: +56% · Conversion: Difficult
AUTO REPAIR, GARAGE
$425,000
Change: +36% · Conversion: Difficult
MEDICAL BUILDING
$410,000
Change: +31% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$95 / 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
$37,157
Tax year 2023
Assessed value
$3,334,600
Assessed 2023
Previous assessed
$3,334,600
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,785,200
Assessed improvement
$1,549,400
Land market value
$1,785,200
Improvement market value
$1,549,400
Total market value
$3,334,600
Applied tax rate
42.0000
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
Stories
1
Total area
5,315 SF
Lot
2.15 ac (93,654 SF)
APN
27-34-102-011
UPID
US86-0692471
Jurisdiction
SALT LAKE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$315,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$795,000
RESTAURANT
Est. value
$630,000
COMMERCIAL (GENERAL)
Est. value
$615,000
WAREHOUSE, STORAGE
Est. value
$490,000
AUTO REPAIR, GARAGE
Est. value
$425,000
MEDICAL BUILDING
Est. value
$410,000
NEIGHBORHOOD: SHOPPING CENTER Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
Lot
2.15 ac
Current owner
From public records · entity-resolved
The Gas Patch LLC
Entity
Mailing address
1085 E 990TH S CIR, SAINT GEORGE, UT 84790-4089
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 LLC
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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