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Property profile & analytics
OFF-MARKET
Estimated value
$5,945,000
Specialty properties
448 13490th S Draper, UT 84020-7217
Entity Owned
9-yr Hold
Free & Clear
Property ID
US86-1029303
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2017
Total area
433,512 SF
Lot
5.2 ac (226,512 SF)
Zoning code
DC
APN
33-01-126-013
UPID
US86-1029303
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
-
Veranda Apartments Apartment Building Apartment Rental Agency
-
PoPIE1929 Bakery (Bike/Boat/Book/etc) Store
-
Allred Athletics & Development Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.95M
Owner & transaction history
Veranda Holdings LP · 9 yrs held
Veranda Holdings LP
since 2017
1 recorded transaction
Zoning & alternative use
DC · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the DC zone is to provide an area that is uniquely regional in nature, with lodging, food establishments, retail, office, service uses, and entertainment as the only allowed uses.
Zone name
Destination Commercial
General category
COMMERCIAL
Zone area
96.22 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 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
Blend value · Realmo final
$5.95M
Range $5.35M – $6.54M · ±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
$14 / 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
$221,684
Tax year 2023
Assessed value
$42,038,200
Assessed 2023
Previous assessed
$42,038,200
+0.0% YoY
Effective rate
0.53%
On assessed value
Assessed land
$4,831,500
Assessed improvement
$37,206,700
Land market value
$4,831,500
Improvement market value
$37,206,700
Total market value
$42,038,200
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2017
Heating
NONE
Buildings
3
Stories
1
Units
279
Total area
433,512 SF
Lot
5.2 ac (226,512 SF)
Zoning code
DC
APN
33-01-126-013
UPID
US86-1029303
Jurisdiction
SALT LAKE
Zoning & alternative use
DC · Draper, UTZoning DC · permitted uses
DC · Draper, 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 DC zone is to provide an area that is uniquely regional in nature, with lodging, food establishments, retail, office, service uses, and entertainment as the only allowed uses.
Zone name
Destination Commercial
General category
COMMERCIAL
Zone area
96.22 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Stories
1
Buildings
3
Units
279
Lot
5.2 ac
Current owner
From public records · entity-resolved
Veranda Holdings LP
Entity
Free & Clear · 9 yrs held
Mailing address
299 S MAIN ST STE #2400, SALT LAKE CITY, UT 84111-2278
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2017
—
Veranda Holdings LP
Veranda Holdings LP
Quit Claim 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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