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Property profile & analytics
OFF-MARKET
Estimated value
$1,165,000
Strip malls
3591 11400th S, South Jordan, UT 84095-1285
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-1126639
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2018
Total area
8,636 SF
Lot
0.79 ac (34,412 SF)
Zoning code
MU-V
APN
27-20-402-022
UPID
US86-1126639
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
$980k
Blend (final)
Blend
$1.17M
Owner & transaction history
Jordan Street 1 LLC · 1 yrs held
Jordan Street 1 LLC
since 2025
7 recorded transactions
Zoning & alternative use
MU-V · South Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.3M
+105.2%
Commercial (general)
$1.2M
+96.9%
Restaurant
$875,000
+39.3%
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 South Jordan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Jordan 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,290,000
Change: +105% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,240,000
Change: +97% · Conversion: Easy
RESTAURANT
$875,000
Change: +39% · Conversion: Difficult
Blend value · Realmo final
$1.17M
Range $1.05M – $1.28M · ±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
$135 / 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
$36,435
Tax year 2023
Assessed value
$3,590,000
Assessed 2023
Previous assessed
$3,590,000
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$770,600
Assessed improvement
$2,819,400
Land market value
$770,600
Improvement market value
$2,819,400
Total market value
$3,590,000
Applied tax rate
38.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2018
Heating
NONE
Cooling
YES
Stories
1
Units
4
Total area
8,636 SF
Lot
0.79 ac (34,412 SF)
Zoning code
MU-V
APN
27-20-402-022
UPID
US86-1126639
Jurisdiction
SALT LAKE
Zoning & alternative use
MU-V · South Jordan, UT
Zoning MU-V · permitted uses
MU-V · South Jordan, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Jordan. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RESTAURANT
Est. value
$875,000
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
RESTAURANT
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
2018
Heating
NONE
Cooling
Yes
Stories
1
Units
4
Lot
0.79 ac
Current owner
From public records · entity-resolved
Jordan Street 1 LLC
Entity
Mailing address
2230 N UNIVERSITY PKWY, PROVO, UT 84604-1509
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2025
—
Jordan Street 1 LLC
Cjo Rmj South Jordan LLC
Special Warranty Deed
—
Dec 28, 2021
—
Cjo Rmj South Jordan LLC
—
Deed
related
$2,469,000 · Tiaa Fsb Holdings INC
Jul 17, 2020
—
Cjo Rmj South Jordan LLC
—
Deed
related
$2,990,071 · Rock Canyon Bank
May 23, 2019
—
Cjo-rmj South Jordan LLC
—
Deed
related
$2,050,000 · Tiaa Fsb
Feb 28, 2019
—
Cjo-rmj South Jordan LLC
—
Deed
related
$2,469,000 · Tiaa Fsb
—
—
Cjo-rmj South Jordan LLC
—
Loan Modification
related
$2,050,000 · Tiaa Fsb
—
—
Cjo-rmj South Jordan LLC
—
Deed Of Trust
related
$2,469,000 · Tiaa Fsb
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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