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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Individual retail properties
3709 Ws Jordan Pkwy South Jordan, UT 84009-5603
Entity Owned
6-yr Hold
Free & Clear
Property ID
US86-0510105
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
54,848 SF
Lot
5.77 ac (251,341 SF)
Zoning code
C-C
APN
27-17-176-034
UPID
US86-0510105
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
$1.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.41M
Blend (final)
Blend
$1.31M
Owner & transaction history
Utah Dept Of Transportation · 6 yrs held
Utah Dept Of Transportation
since 2020
7 recorded transactions
Zoning & alternative use
C-C · South Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the C-C zone is to provide areas for large scale community or regional retail and service uses. These areas will generally be located near major transportation hubs but should be designed to buffer neighboring residential areas. Coordinated circulation, architecture and landscaping and a balance of uses should be incorporated in developments.
Zone name
Commercial Community
General category
COMMERCIAL
Zone area
298.10 ac
Source
Realmo
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
$1,210,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
GYM, HEALTH SPA
$1,660,000
Current use
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±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
$24 / 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
$82,128
Tax year 2023
Assessed value
$8,092,200
Assessed 2023
Previous assessed
$8,092,200
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$5,969,300
Assessed improvement
$2,122,900
Land market value
$5,969,300
Improvement market value
$2,122,900
Total market value
$8,092,200
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Total area
54,848 SF
Lot
5.77 ac (251,341 SF)
Zoning code
C-C
APN
27-17-176-034
UPID
US86-0510105
Jurisdiction
SALT LAKE
Zoning & alternative use
C-C · South Jordan, UTZoning C-C · permitted uses
C-C · South Jordan, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the C-C zone is to provide areas for large scale community or regional retail and service uses. These areas will generally be located near major transportation hubs but should be designed to buffer neighboring residential areas. Coordinated circulation, architecture and landscaping and a balance of uses should be incorporated in developments.
Zone name
Commercial Community
General category
COMMERCIAL
Zone area
298.10 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
GYM, HEALTH SPA Current
Est. value
$1.7M
GYM, HEALTH SPA Current
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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
5.77 ac
Current owner
From public records · entity-resolved
Utah Dept Of Transportation
Entity
Free & Clear · 6 yrs held
Mailing address
7800 FORSYTH BLVD, SAINT LOUIS, MO 63105-2591
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2024
—
Jordan Parkway Members LLC
—
Deed
related
$400,000 · Simmons Bank
Feb 11, 2020
—
Utah Dept Of Transportation
Jordan Parkway Members LLC
Warranty Deed
—
May 8, 2018
—
Jordan Parkway Members LLC
Rockworth Companies LLC
Quit Claim Deed
related
—
Mar 21, 2017
—
Jordan Parkway Members LLC
—
Deed
related
$5,984,341 · Reliance Bk
Jun 22, 2012
—
Jordan Parkway Members LLC
New Albertsons INC
Trustees Deed
$5,365,300 · Wells Fargo Bk
Aug 3, 2006
—
New Albertsons INC
Albertsons LLC
Quit Claim Deed
related
—
—
—
Jordan Parkway Members LLC
—
Deed Of Trust
related
$5,300,000 · Reliance Bk
—
—
Jordan Parkway Members LLC
—
Loan Modification
related
$5,252,350 · Wells Fargo Bk
—
—
Jordan Parkway Members LLC
—
Loan Modification
related
$5,984,341 · Reliance Bk
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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