New search
Property profile & analytics
OFF-MARKET
Turn key restaurants
288 Main St, Lehi, UT 84043-2050
Individually Owned
15-yr Hold
Free & Clear
Property ID
US86-1410957
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1916
Total area
2,030 SF
Lot
0.32 ac (13,939 SF)
APN
01-034-0002
UPID
US86-1410957
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
-
Rage Fitness Gym & Fitness Center
-
Lifting Limits Personal Training Gym & Fitness Center
-
Thai House Cuisine Restaurant
-
Jolie Arts Dance Center Training Center
-
The Verve Contemporary Dance Center Training Center
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
Sangvan Bounthot · 15 yrs held
Sangvan Bounthot
since 2011
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 Lehi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehi 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
$4,227
Tax year 2023
Assessed value
$537,100
Assessed 2023
Previous assessed
$537,100
+0.0% YoY
Effective rate
0.79%
On assessed value
Land market value
$318,800
Improvement market value
$218,300
Total market value
$537,100
Applied tax rate
10.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1916
Heating
YES
Cooling
YES
Stories
1
Rooms
9
Bathrooms
2
Total area
2,030 SF
Lot
0.32 ac (13,939 SF)
APN
01-034-0002
UPID
US86-1410957
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
1916
Heating
YES
Cooling
Yes
Stories
1
Rooms
9
Bathrooms
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Sangvan Bounthot
Individual
Free & Clear · 15 yrs held
Mailing address
336 E 170TH S, LINDON, UT 84042-2005
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2023
—
Sangvan Bounthot
—
Deed
related
$204,720 · Central Bank
Oct 21, 2021
—
Sangvan Bounthol
—
Deed
related
$194,607 · Central Bank
Mar 25, 2011
—
Sangvan Bounthot
Bounthot,thomasin & Sangvan
Quit Claim Deed
related
—
Mar 12, 2008
—
Thomasin Bounthot
Sorensen,corine
Warranty Deed
$216,800 · Webbank
Nov 8, 1996
—
Corine Sorensen
Brimley,william C & Kathee W
Grant Deed
$117,250 · Central Bank
Oct 24, 1996
—
William C Brimley
Innes Trust
Grant Deed
related
—
Aug 30, 1995
—
William C Brimley
Brimley,william C & Kathee W
Quit Claim Deed
related
$30,000 · Comunity Lending INC
—
—
Thomasin S Bounthot
—
Deed Of Trust
related
$160,244 · Webbank
—
—
Thomasin S Bounthot
—
Deed Of Trust
related
$228,656 · Webbank
—
—
Thomasin Bounthot
—
Deed Of Trust
related
$167,000 · Mountain West Small Busn Fin
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.
Try Rey
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