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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
Zoning description
The Redwood Road mixed use (MU) zones are established to implement the land use element of the general plan and the Redwood Road centers map, as amended, which is included for reference in this chapter. The purpose of the MU zones is to establish unique and distinct districts in a succession of nodes along the Redwood Road corridor. These districts are defin…
Zone name
Village Mixed Use
General category
MIXED_USE
Zone area
48.30 ac
Source
Realmo
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, UTZoning 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
Zoning description
The Redwood Road mixed use (MU) zones are established to implement the land use element of the general plan and the Redwood Road centers map, as amended, which is included for reference in this chapter. The purpose of the MU zones is to establish unique and distinct districts in a succession of nodes along the Redwood Road corridor. These districts are defined by separate classes of uses and development standards which identify the character of the individual districts
Zone name
Village Mixed Use
General category
MIXED_USE
Zone area
48.30 ac
Source
Realmo
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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