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    Property profile & analytics

    2703 8400th W Magna, UT 84044-1303

    • Grocery and convenience stores
    • 2,560 SF
    • 0.48 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 14, 2025
    Location Intelligence
    Property ID
    US86-0322023
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 2703 8400th W

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.48 lot acres
    Property size
    2,560 SF
    Zone code
    C-2
    Property type
    Grocery and convenience stores
    APN
    14-29-201-011
    APU
    1429201011

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Magna
    County
    Salt Lake
    State
    Utah
    Longitude
    -112.091
    Latitude
    40.711
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,844
    $852,400
    $330,200
    $1,182,600
    -
    $852,400
    $330,200
    $1,182,600

    Comparable in this City

    • Value Estimation by Request
      1,900 SF

      7210 3500th S

      CONVENIENCE STORE • 1,900 SF
      7210 3500th S, Magna, UT 84044-2447
      View Details
    • Value Estimation by Request
      5,280 SF

      2474 7200th W

      CONVENIENCE STORE • 5,280 SF
      2474 7200th W, Magna, UT 84044-1461
      View Details
    • Value Estimation
      $430,000
      2,400 SF

      7204 3500th S

      CONVENIENCE STORE • 2,400 SF
      7204 3500th S, Magna, UT 84044-2447
      View Details
    • Value Estimation by Request
      3,150 SF

      3493 7200th W

      CONVENIENCE STORE • 3,150 SF
      3493 7200th W, Magna, UT 84044-2510
      View Details
    • Value Estimation by Request
      4,000 SF

      3592 8400th W

      CONVENIENCE STORE • 4,000 SF
      3592 8400th W, Magna, UT 84044-2213
      View Details
    • Value Estimation by Request
      4,000 SF

      2644 8400th W

      CONVENIENCE STORE • 4,000 SF
      2644 8400th W, Magna, UT 84044-4900
      View Details

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    Similar Nearby for Lease

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      Retail spaces available near schools and freeway with drive-thru.
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      Magna Industrial Land for Lease

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      Industrial Land For Rent

      2.33 acres of industrial land available for lease.
      1924 S 7200 W, Magna, UT 84044
      View Details
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    Magna, UT 84044-1303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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