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Property profile & analytics
OFF-MARKET
Estimated value
$445,000
Drive through restaurants
4972 12600th S Herriman, UT 84096-3062
Entity Owned
3-yr Hold
Free & Clear
Property ID
US86-0043393
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Total area
1,800 SF
Lot
0.5 ac (21,780 SF)
Zoning code
AMSD
APN
26-25-477-005
UPID
US86-0043393
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
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$445k
Owner & transaction history
Pkg Properties LLC · 3 yrs held
Pkg Properties LLC
since 2023
5 recorded transactions
Zoning & alternative use
AMSD · Herriman, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
AMSD also includes the sale of new and used recreational vehicles, all terrain vehicles, boats, and related products and services
Zone name
Auto Mall Special District
General category
OPEN_SPACE
Zone area
78.26 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 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
Method
Estimation
Statistic approach
by Request
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$445k
Range $401k – $490k · ±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
$247 / 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
$23,162
Tax year 2023
Assessed value
$2,123,600
Assessed 2024
Previous assessed
$1,977,100
+7.4% YoY
Effective rate
1.09%
On assessed value
Assessed land
$424,700
Assessed improvement
$1,698,900
Land market value
$424,700
Improvement market value
$1,698,900
Total market value
$2,123,600
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Cooling
YES
Stories
1
Units
1
Total area
1,800 SF
Lot
0.5 ac (21,780 SF)
Zoning code
AMSD
APN
26-25-477-005
UPID
US86-0043393
Jurisdiction
SALT LAKE
Zoning & alternative use
AMSD · Herriman, UTZoning AMSD · permitted uses
AMSD · Herriman, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
AMSD also includes the sale of new and used recreational vehicles, all terrain vehicles, boats, and related products and services
Zone name
Auto Mall Special District
General category
OPEN_SPACE
Zone area
78.26 ac
Source
Realmo
Building & site characteristics
From public records
Cooling
Yes
Stories
1
Units
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Pkg Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
1064 SN COUNTY BLVD, PLEASANT GROVE, UT 84062-3427
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2023
—
Pkg Properties LLC
Millrock Investment Fund 1 LLC
Special Warranty Deed
—
Apr 3, 2023
—
D&s Herriman LLC Series I
Millrock Investment Fund 1 LLC
Special Warranty Deed
—
Mar 28, 2023
—
Marjorie Ann Reid
Millrock Investment Fund 1 LLC
Special Warranty Deed
—
Dec 28, 2022
—
Graff Ranches LLC
Millrock Investment Fund 1 LLC
Special Warranty Deed
—
Apr 27, 2022
—
Millrock Investment Fund 1 LLC
Herriman 73 Partners LLC
Warranty Deed
—
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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