Trust Owned Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2013
Total area
15,300 SF
Lot
1.81 ac (78,844 SF)
Zoning code
MU-2
APN
26-36-476-003
UPID
US86-0858744
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
(Bike/Boat/Book/etc) Store
-
Pharmacy
-
Pharmacy
-
Bank Credit Union
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.01M
Owner & transaction history
since 2018
1 recorded transaction
Zoning & alternative use
MU-2 · Herriman, UT
Zoning description
The purpose of the MU-2 zone is to allow the mixing of residential and nonresidential uses on the same site and within the same building so people can live and work in close proximity, to create economic and social vital…
General category
MIXED_USE
Top alternative use upside
Auto repair, garage
$1.1M
+29.7%
Warehouse, storage
$1.1M
+22.0%
Medical building
$1.0M
+15.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.01M
Value range
$905k – $1.11M
±10% around blend
Estimated value / SF
$66 / SF
Confidence
Property data
100
Comparable evidence
60
$905k
blend $1.01M
$1.11M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
15,300 SF
Lot area
1.81 ac
Year built
2013
Stories
1
APN
26-36-476-003
Zoning
MU-2
Assessed value
$6,998,100
Annual tax
$81,983
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.32M
Range $435k – $1.32M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.01M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+30%
vs current-use indication
Warehouse, Storage
Medical Building
Neighborhood: Shopping Center
Retail Stores · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.00M
Move the market yield to see immediate price impact.
Value / SF
$457
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$441k
$8.82M
$6.30M
$4.90M
$490k
$9.80M
$7.00M
$5.44M
$539k
$10.78M
$7.70M
$5.99M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$81,983
Tax year 2023
Assessed value
$6,998,100
Assessed 2023
Previous assessed
$6,998,100
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,462,800
Assessed improvement
$5,535,300
Land market value
$1,462,800
Improvement market value
$5,535,300
Total market value
$6,998,100
Applied tax rate
70.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2013
Heating
NONE
Cooling
YES
Stories
1
Total area
15,300 SF
Lot
1.81 ac (78,844 SF)
Zoning code
MU-2
APN
26-36-476-003
UPID
US86-0858744
Jurisdiction
SALT LAKE
Zoning & alternative use
MU-2 · Herriman, UTZoning MU-2 · permitted uses
MU-2 · Herriman, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of the MU-2 zone is to allow the mixing of residential and nonresidential uses on the same site and within the same building so people can live and work in close proximity, to create economic and social vital…
General category
MIXED_USE
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2013
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
MU-2
MIXED_USE
Jurisdiction
Herriman, UT
Recorded code
MU-2
Official district
MU-2
Official district profile
What the municipal code says about MU-2
Zoning description
The purpose of the MU-2 zone is to allow the mixing of residential and nonresidential uses on the same site and within the same building so people can live and work in close proximity, to create economic and social vital…
General category
MIXED_USE
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MU-2 in Herriman, UT.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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