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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Strip malls
584 12300th S, Draper, UT 84020-9255
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US86-0598001
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,500 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C-2
APN
28-30-476-052
UPID
US86-0598001
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
-
Esteem Dance Draper Training Center
-
Guild Mortgage - Scott Geertsen Consultant Mortgage Lender
-
Guild Mortgage - John Burton Consultant Mortgage Lender
-
Guild Mortgage - Brad Mabey Loan Service Bank
-
Guild Mortgage - Wendy Lloyd Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$600k
Blend (final)
Blend
$575k
Owner & transaction history
Plaza 584 LLC · 8 yrs held
Plaza 584 LLC
since 2017
7 recorded transactions
Zoning & alternative use
C-2 · Draper, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$950,000
+25.6%
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
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$755,000
Current use
AUTO REPAIR, GARAGE
$950,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±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
$43 / 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
$18,511
Tax year 2023
Assessed value
$1,930,600
Assessed 2023
Previous assessed
$1,930,600
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$951,600
Assessed improvement
$979,000
Land market value
$951,600
Improvement market value
$979,000
Total market value
$1,930,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
13,500 SF
Lot
0.95 ac (41,382 SF)
Zoning code
C-2
APN
28-30-476-052
UPID
US86-0598001
Jurisdiction
SALT LAKE
Zoning & alternative use
C-2 · Draper, UT
Zoning C-2 · permitted uses
C-2 · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$755,000
AUTO REPAIR, GARAGE
Est. value
$950,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Plaza 584 LLC
Entity
Mailing address
1202 W 10125TH S, SOUTH JORDAN, UT 84095-8875
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2017
—
Plaza 584 LLC
Plaza 584 LLC
Quit Claim Deed
$1,350,000 · Miscellaneous Ins Co
Dec 1, 2016
—
Plaza 584 LLC
—
Deed
related
$50,000 · Brad H Mabey
Apr 12, 2016
—
Plaza 584 LLC
Gateway Cmnty Ch Of Christian & M
Warranty Deed
$1,210,000 · Gateway Cmnty Ch/christian & M
Mar 5, 2003
—
Gateway Community Church
Jensen,judith C
Grant Deed
$1,035,000 · Alliance Development Fund INC
Sep 4, 1998
—
William A Jensen
—
Grant Deed
related
$801,388 · Draper Bank & Trust
Sep 2, 1998
—
William A Jensen
—
Grant Deed
related
$801,388 · Draper Bank & Trust
—
—
Gateway Cmnty Ch Of Christian & M
—
Deed Of Trust
related
$362,009 · Alliance Development Fund INC
—
—
Plaza 584 LLC
—
Deed Of Trust
related
$50,000 · Mark A Mabey
—
—
Plaza 584 LLC
—
Deed Of Trust
related
$50,000 · Brad H Mabey
—
—
William A Jensen
—
Deed Of Trust
related
$36,474 · Draper Bank & Trust
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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