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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Community centers
278 12300th S Draper, UT 84020-8365
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US86-0274970
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,296 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CC
APN
28-30-376-100
UPID
US86-0274970
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
-
Rush My Passport Travel Agency
-
The Riv Salon Hair Salon
-
FedEx Office Print & Ship Center Courier Service Postal Service
-
Dinnertime Meals Restaurant Take-out & Catering
-
FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$529k
Blend (final)
Blend
$540k
Owner & transaction history
Amsource Draper Lumber Yard LLC · 9 yrs held
Amsource Draper Lumber Yard LLC
since 2016
5 recorded transactions
Zoning & alternative use
CC · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$805,000
+96.4%
Commercial (general)
$765,000
+87.5%
Medical building
$695,000
+70.3%
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 Draper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Draper 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
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$410,000
Current use
RESTAURANT
$805,000
Change: +96% · Conversion: Difficult
COMMERCIAL (GENERAL)
$765,000
Change: +88% · Conversion: Easy
MEDICAL BUILDING
$695,000
Change: +70% · Conversion: Difficult
WAREHOUSE, STORAGE
$540,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$525,000
Change: +29% · Conversion: Easy
AUTO REPAIR, GARAGE
$515,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$74 / 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
$28,343
Tax year 2023
Assessed value
$2,956,100
Assessed 2023
Previous assessed
$2,956,100
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$463,200
Assessed improvement
$2,492,900
Land market value
$463,200
Improvement market value
$2,492,900
Total market value
$2,956,100
Applied tax rate
55.0000
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Total area
7,296 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CC
APN
28-30-376-100
UPID
US86-0274970
Jurisdiction
SALT LAKE
Zoning & alternative use
CC · Draper, UT
Zoning CC · permitted uses
CC · Draper, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Draper. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$410,000
RESTAURANT
Est. value
$805,000
COMMERCIAL (GENERAL)
Est. value
$765,000
MEDICAL BUILDING
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$540,000
RETAIL STORES
Est. value
$525,000
AUTO REPAIR, GARAGE
Est. value
$515,000
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
AUTO REPAIR, GARAGE
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
2007
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Amsource Draper Lumber Yard LLC
Entity
Mailing address
358 S RIO GRANDE ST STE #200, SALT LAKE CITY, UT 84101-1143
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2016
—
Amsource Draper Lumber Yard LLC
Amsource Draper Pad A LLC
Warranty Deed
—
Apr 5, 2007
—
Amsource Draper Pad A LLC
—
Trustees Deed
related
$1,666,000 · Key Bank & Trust
Jan 25, 2007
—
Amsource Draper Pad A LLC
Amsource Draper Lumber Yard Ll
Quit Claim Deed
related
—
—
—
Amsource Draper Pad A LLC
—
Deed Of Trust
related
$1,644,000 · Bank Of Utah
—
—
Amsource Draper Pad A LLC
—
Deed Of Trust
related
$1,712,000 · Bank Of The West
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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