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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Strip malls
4865 3500th S West Valley City, UT 84120-2900
Individually Owned
Free & Clear
Property ID
US86-0286266
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
12,656 SF
Lot
1.26 ac (54,886 SF)
Zoning code
C-2
APN
14-36-226-033
UPID
US86-0286266
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
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$514k
Blend (final)
Blend
$520k
Owner & transaction history
2004 Julie Kim & Casey Kookchung Ki
2004 Julie Kim & Casey Kookchung Ki
since 2026
7 recorded transactions
Zoning & alternative use
C-2 · West Valley City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$815,000
+30.9%
Retail stores
$790,000
+27.0%
Commercial (general)
$695,000
+11.8%
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 West Valley City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Valley 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
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$625,000
Current use
AUTO REPAIR, GARAGE
$815,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$790,000
Change: +27% · Conversion: Easy
COMMERCIAL (GENERAL)
$695,000
Change: +12% · Conversion: Easy
OFFICE BUILDING
$545,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$41 / 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
$21,588
Tax year 2023
Assessed value
$1,735,100
Assessed 2023
Previous assessed
$1,735,100
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,307,100
Assessed improvement
$428,000
Land market value
$1,307,100
Improvement market value
$428,000
Total market value
$1,735,100
Applied tax rate
29.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Units
8
Total area
12,656 SF
Lot
1.26 ac (54,886 SF)
Zoning code
C-2
APN
14-36-226-033
UPID
US86-0286266
Jurisdiction
SALT LAKE
Zoning & alternative use
C-2 · West Valley City, UT
Zoning C-2 · permitted uses
C-2 · West Valley City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Valley City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$625,000
AUTO REPAIR, GARAGE
Est. value
$815,000
RETAIL STORES
Est. value
$790,000
COMMERCIAL (GENERAL)
Est. value
$695,000
OFFICE BUILDING
Est. value
$545,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
OFFICE 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
2000
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
8
Lot
1.26 ac
Current owner
From public records · entity-resolved
2004 Julie Kim & Casey Kookchung Ki
Individual
Free & Clear · 0 yrs held
Mailing address
3402 DYNELO AVE NE, CHINO HILLS, CA 91709-2039
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2026
—
2004 Julie Kim & Casey Kookchung Ki
2004 Julie Kim & Casey Kookchung Ki
Deed
related
—
Feb 10, 2026
—
2004 Juhe Km & Casey Kookchung Kim
2004 Juhe Km & Casey Kookchung Kim
Deed
related
—
Sep 5, 2019
—
Kim,julie & Casey K 2004 Trust
—
Deed
related
$1,000,000 · Hanmi Bk
Sep 22, 2006
—
Kim Casey K Trust
Kim Casey K & J 2004 Trust
Quit Claim Deed
—
May 27, 2005
—
Kim Julie & Casey K Trust
R Reed Channell Properties Lc
Grant Deed
—
Feb 28, 2005
—
R Reed Channell Properties Lc
Roa General INC
Quit Claim Deed
related
—
Aug 15, 2001
—
P Reed Channell Properties Lc
Camelot Court Lc
Grant Deed
$609,000 · Zions First National Bank
—
—
Kim Julie & Casey K Trust
—
Deed Of Trust
related
$1,580,000 · Hanmi Bank
—
—
Kim,julie & Casey K 2004 Trust
—
Loan Modification
related
$1,000,000 · Hanmi Bk
—
—
Kim Julie & Casey K Trust
—
Deed Of Trust
related
$1,311,168 · Hanmi Bank
—
—
R Reed Channell Properties Lc
—
Deed Of Trust
related
$430,000 · Layton Market Center Props Lc
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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