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Property profile & analytics
FOR LEASE
Commercial real estate
434 N Main St Heber City, UT 84032
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0040499
For Lease
$1,345,000
434 N Main St, Heber City, UT 84032
View Listing →
Property summary
AI-generated overview
This exceptional retail opportunity presents 8,900 square feet of vacant space in a single-story building located at 434 N Main St, Heber City, UT 84032, within the Heber Valley Mall. The property is a pad site, ideal for build-to-suit (BTS) development or immediate occupancy. Available for lease starting January 2026, this space offers a ground lease option at an annual rate of $75,000. The suite lease rate is $18.00 per square foot, NNN. The location boasts high traffic counts, with Main Street registering 30,684 average daily traffic (ADT) and 500 North showing 5,962 ADT. Ample parking is available for customers and employees. This property is situated in a high-growth trade area within Wasatch County, Utah, making it an attractive investment for businesses seeking a prominent location in a thriving community. The property is currently quietly marketed, and tenant disturbance is discouraged.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1972
Total area
48,894 SF
Lot
3.17 ac (138,085 SF)
APN
00-0005-6320
UPID
US86-0040499
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
Current use
Occupant on record · Public records
-
Heber City Utah Handyman Hardware & Home Improvement General Contractor
-
Carquest Auto Parts - J&S AUTO INC.HEBER CITY CARQUEST Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$1.35M
Owner & transaction history
450 H LLC · 20 yrs held
450 H LLC
since 2006
2 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 Heber City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Heber City 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
$1,345,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.35M
Range $1.21M – $1.48M · ±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
$28 / 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
$70,237
Tax year 2023
Assessed value
$9,730,000
Assessed 2023
Previous assessed
$9,730,000
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$2,760,000
Assessed improvement
$6,970,000
Land market value
$2,760,000
Improvement market value
$6,970,000
Total market value
$9,730,000
Applied tax rate
3.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1972
Heating
GAS
Total area
48,894 SF
Lot
3.17 ac (138,085 SF)
APN
00-0005-6320
UPID
US86-0040499
Jurisdiction
WASATCH
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
1972
Heating
GAS
Lot
3.17 ac
Current owner
From public records · entity-resolved
450 H LLC
Entity
Free & Clear · 20 yrs held
Mailing address
30775 BAINBRIDGE RD STE #210, SOLON, OH 44139-2266
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2022
—
Heber Retail LLC
—
Deed
related
$5,164,075 · Federal Credit Union
Jan 3, 2006
—
450 H LLC
Thomas,david E
Grant Deed
related
—
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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