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Property profile & analytics
OFF-MARKET
Estimated value
$35,510,000
Investment properties
583 Ebay Way Draper, UT 84020-5200
Individually Owned
1-yr Hold
Free & Clear
Property ID
US86-0690138
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2012
Total area
188,835 SF
Lot
36.38 ac (1,584,713 SF)
Zoning code
TSD
APN
27-36-352-001
UPID
US86-0690138
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
-
eBay Marketing & Advertising IT Consulting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$42.04M
Comparable Approach
Comparable
$28.98M
Blend (final)
Blend
$35.51M
Owner & transaction history
Board Of Edu Of Canyons Scholl Dist · 1 yrs held
Board Of Edu Of Canyons Scholl Dist
since 2024
2 recorded transactions
Zoning & alternative use
TSD · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$45.4M
+128.6%
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%
$45,535,000
6.5%
$42,035,000
7%
$39,030,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$45,395,000
Change: +129% · Conversion: Moderate
Blend value · Realmo final
$35.51M
Range $31.96M – $39.06M · ±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
$188 / 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
$696,304
Tax year 2023
Assessed value
$72,622,400
Assessed 2023
Previous assessed
$72,622,400
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$38,033,100
Assessed improvement
$34,589,300
Land market value
$38,033,100
Improvement market value
$34,589,300
Total market value
$72,622,400
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2012
Heating
HOT WATER
Buildings
2
Stories
3
Units
1
Total area
188,835 SF
Lot
36.38 ac (1,584,713 SF)
Zoning code
TSD
APN
27-36-352-001
UPID
US86-0690138
Jurisdiction
SALT LAKE
Zoning & alternative use
TSD · Draper, UT
Zoning TSD · permitted uses
TSD · Draper, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Draper. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$45.4M
APARTMENT HOUSE (5+ UNITS)
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
2012
Heating
HOT WATER
Stories
3
Buildings
2
Units
1
Lot
36.38 ac
Current owner
From public records · entity-resolved
Board Of Edu Of Canyons Scholl Dist
Individual
Free & Clear · 1 yrs held
Mailing address
583 W EBAY WAY, DRAPER, UT 84020-5200
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2024
—
Board Of Edu Of Canyons Scholl Dist
Canyons School District
Special Warranty Deed
—
Dec 19, 2024
—
Canyons School District
Ebay INC
Special 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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