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Property profile & analytics
FOR LEASE
Investment properties
380 W Data Dr Draper, UT 84020
Entity Owned
1-yr Hold
Free & Clear
Property ID
US86-0893242
For Lease
1 / 40
$29.50 SF/Yr
380 W Data Dr, Draper, UT 84020
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2014
Total area
127,420 SF
Lot
9.85 ac (429,066 SF)
Zoning code
CSDDPM
APN
27-36-376-021
UPID
US86-0893242
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
$15.04M
Blend (final)
Blend
$14.90M
Owner & transaction history
Justang Vista Station LLC · 1 yrs held
Justang Vista Station LLC
since 2024
3 recorded transactions
Zoning & alternative use
CSDDPM · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$14.0M
+4.7%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$13,400,000
Current use
RESTAURANT
$14,035,000
Change: +5% · Conversion: Difficult
MEDICAL BUILDING
$12,165,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$14.90M
Range $13.41M – $16.39M · ±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
$117 / 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
$326,005
Tax year 2023
Assessed value
$34,001,400
Assessed 2023
Previous assessed
$34,001,400
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$8,045,000
Assessed improvement
$25,956,400
Land market value
$8,045,000
Improvement market value
$25,956,400
Total market value
$34,001,400
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
2014
Heating
HOT WATER
Stories
5
Total area
127,420 SF
Lot
9.85 ac (429,066 SF)
Zoning code
CSDDPM
APN
27-36-376-021
UPID
US86-0893242
Jurisdiction
SALT LAKE
Zoning & alternative use
CSDDPM · Draper, UT
Zoning CSDDPM · permitted uses
CSDDPM · 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
COMMERCIAL (GENERAL) Current
Est. value
$13.4M
RESTAURANT
Est. value
$14.0M
MEDICAL BUILDING
Est. value
$12.2M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
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
2014
Heating
HOT WATER
Stories
5
Lot
9.85 ac
Current owner
From public records · entity-resolved
Justang Vista Station LLC
Entity
Free & Clear · 1 yrs held
Mailing address
560 W MSN ST S, SAN FRANCISCO, CA 94105-2907
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2025
—
Justang Vista Station LLC
—
Deed
related
$100,393,314 · Keystone National Group LLC
Jul 30, 2024
—
Justang Vista Station LLC
Trea Vista Station I LLC
Special Warranty Deed
—
Jun 26, 2019
—
Trea Vista Station I LLC
Bg Draper Pointe Office 1 Lc
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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