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Property profile & analytics
OFF-MARKET
Grocery and convenience stores
385 Main St Santaquin, UT 84655-7079
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US86-0164790
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1993
Total area
5,732 SF
Lot
0.94 ac (40,729 SF)
APN
09-092-0013
UPID
US86-0164790
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lower Willow LLC · 7 yrs held
Lower Willow LLC
since 2018
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 Santaquin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santaquin 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
$14,293
Tax year 2023
Assessed value
$1,427,900
Assessed 2023
Previous assessed
$1,427,900
+0.0% YoY
Effective rate
1.00%
On assessed value
Land market value
$501,400
Improvement market value
$926,500
Total market value
$1,427,900
Applied tax rate
190.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1993
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
5,732 SF
Lot
0.94 ac (40,729 SF)
APN
09-092-0013
UPID
US86-0164790
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
1993
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.94 ac
Current owner
From public records · entity-resolved
Lower Willow LLC
Entity
Mailing address
PO BOX 190, CEDAR CITY, UT 84721-0135
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2018
—
Lower Willow LLC
Merrill Enterprises II LLC
Special Warranty Deed
$7,085,863 · Zb NA
Oct 23, 2018
—
Merrill Ent II LLC
—
Deed
related
$175,000 · Cache Vly Bk
Jan 9, 2017
—
Merrill Ent II LLC
—
Deed
related
$748,000 · Mountain W Small Busn Fin
Aug 18, 2015
—
Merrill Enterprise II LLC
Kirk L Greenhalgh
Special Warranty Deed
$1,208,000 · Cache Valley Bank
Mar 22, 2011
—
City Of Santaquin
Greenhalgh,kirk L
Warranty Deed
related
—
Aug 12, 2004
—
Kirk L Greenhalgh
Mountain America FCU
Grant Deed
$700,000 · Mountain America Cu
Mar 4, 2004
$1,150,000
America Cu Mountain
Van Dyke,paul H
Trustees Deed
related
—
Jul 20, 2001
—
Speedy Turtle Petroleum INC
Tjs Express Of Santaquin LLC
Grant Deed
$1,300,000 · Mbp Industries Lc
Nov 18, 1996
—
Tjs Express INC
Tjs Express INC
Quit Claim Deed
related
$225,000 · Individual
—
—
Merrill Ent II LLC
—
Deed Of Trust
related
$175,000 · Cache Vly Bk
—
—
Speedy Turtle Petroleum INC
—
Deed Of Trust
related
$282,847 · Tj Express INC
—
—
Speedy Turtle Petroleum INC
—
Deed Of Trust
related
$282,847 · T J Express INC
—
—
Speedy Turtle Petroleum INC
—
Deed Of Trust
related
$3,250,000 · Thomas R Cordner
—
—
Merrill Ent II LLC
—
Deed Of Trust
related
$748,000 · Mountain W 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.
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