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Property profile & analytics
OFF-MARKET
Retail space
241 Main St American Fork, UT 84003-2227
Individually Owned
Free & Clear
Property ID
US86-0807321
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1911
Total area
1,649 SF
Lot
0.74 ac (32,278 SF)
APN
02-019-0023
UPID
US86-0807321
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
Brad Andrus
Brad Andrus
since 2025
7 recorded transactions
Zoning & alternative use
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 American Fork submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs American Fork 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 2023Property tax & assessments
Tax year 2023
Tax billed
$6,400
Tax year 2023
Assessed value
$753,900
Assessed 2023
Previous assessed
$753,900
+0.0% YoY
Effective rate
0.85%
On assessed value
Land market value
$640,500
Improvement market value
$113,400
Total market value
$753,900
Applied tax rate
60.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1911
Heating
ZONE
Cooling
YES
Stories
1
Rooms
12
Bathrooms
1
Total area
1,649 SF
Lot
0.74 ac (32,278 SF)
APN
02-019-0023
UPID
US86-0807321
Jurisdiction
UTAH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1911
Heating
ZONE
Cooling
Yes
Stories
1
Rooms
12
Bathrooms
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Brad Andrus
Individual
Free & Clear · 0 yrs held
Mailing address
275 W MAIN ST, AMERICAN FORK, UT 84003-2227
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
—
Brad Andrus
Rbd Investments LLC
Warranty Deed
—
Jan 20, 2023
—
Rbd Investments LLC
—
Deed
related
$1,330,000 · Central Ban
Nov 22, 2017
—
Rbd Investments LLC
—
Grant Deed
related
$1,013,955 · Central Bk
Apr 17, 2013
—
Rbd Invs
Vanwagenen,michael & Christine
Warranty Deed
related
—
May 2, 2005
—
Michael Vanwagenen
Vanwagenen,michael
Quit Claim Deed
$232,500 · Zions First National Bank
Jan 27, 1999
—
Karen N Watts
Beighley,jack R & Thelma
Grant Deed
$162,275 · Western Community Bank
—
—
Karen N Watts
—
Deed Of Trust
related
$272,826 · Key Bank NA
—
—
Karen N Watts
—
Deed Of Trust
related
$100,000 · Individual
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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