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Property profile & analytics
OFF-MARKET
Apartment buildings
4348 Ashburn Way, Herriman, UT 84096-1248
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-0871180
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2016
Total area
7,903 SF
Lot
0.08 ac (3,485 SF)
Zoning code
8205
APN
33-07-253-057
UPID
US86-0871180
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
Joe M Ruiz · 4 yrs held
Joe M Ruiz
since 2021
4 recorded transactions
Zoning & alternative use
8205 · Herriman, UT
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 Herriman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Herriman 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
$7,782
Tax year 2023
Assessed value
$1,207,700
Assessed 2023
Previous assessed
$1,207,700
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$65,900
Assessed improvement
$1,141,800
Land market value
$65,900
Improvement market value
$1,141,800
Total market value
$1,207,700
Applied tax rate
70.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Buildings
3
Stories
1
Units
4
Total area
7,903 SF
Lot
0.08 ac (3,485 SF)
Zoning code
8205
APN
33-07-253-057
UPID
US86-0871180
Jurisdiction
SALT LAKE
Zoning & alternative use
8205 · Herriman, UT
Zoning 8205 · permitted uses
8205 · Herriman, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Herriman. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Heating
FORCED AIR
Stories
1
Buildings
3
Units
4
Lot
0.08 ac
Current owner
From public records · entity-resolved
Joe M Ruiz
Individual
Mailing address
24 BLANCO, FOOTHILL RANCH, CA 92610-1803
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2021
—
Joe M Ruiz
Overlook 45 A Series Of Validus LLC
Warranty Deed
$470,000 · Finance Of America Mortgage LLC
Aug 7, 2018
—
Overlook 45
Ruiz,jose
Warranty Deed
related
—
Nov 10, 2016
—
Overlook 45
Ruiz,jose M
Warranty Deed
—
Aug 30, 2016
—
Jose Ruiz
Vollkommen Construction LLC
Warranty Deed
$499,875 · First Colony Mortgage Corp
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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