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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Retail space
6775 900th E Midvale, UT 84047-1436
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US86-0547866
Property summary
AI-generated overview
This exceptional Midvale, Utah property offers 11,288 square feet of versatile space, ideal for a variety of uses including event centers, religious services, education, or dining. Located at 6775 S 900 East, this Class B, multi-tenant building sits on 1.15 acres and includes 75 parking spaces. Built in 1979 with renovations in 2006 and 2021, the three-story building boasts a main kitchen and a separate prep kitchen, perfect for catering or food service. The property also features beautifully landscaped gardens with a waterfall and bridge, providing an attractive outdoor space. Included in the sale are established marketing assets such as a Facebook page and website. The asking price is $4,000,000 ($354.36/sq ft), with an occupancy date of October 31, 2024. This turnkey opportunity allows for immediate functionality and presents a unique chance to own a thriving, multi-use space. The property's flexible layout and modern design make it adaptable to various needs and ambitions.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Construction
WOOD FRAME
Total area
11,288 SF
Lot
1.09 ac (47,480 SF)
Zoning code
RC
APN
22-20-376-044
UPID
US86-0547866
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
$640k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$985k
Blend (final)
Blend
$815k
Owner & transaction history
Lnl Properties LLC · 9 yrs held
Lnl Properties LLC
since 2016
7 recorded transactions
Zoning & alternative use
RC · Midvale, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+38.7%
Auto repair, garage
$1.2M
+35.6%
Commercial (general)
$1.2M
+33.8%
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 Midvale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Midvale 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
$640,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$870,000
Current use
RESTAURANT
$1,210,000
Change: +39% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,185,000
Change: +36% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,165,000
Change: +34% · Conversion: Easy
WAREHOUSE, STORAGE
$855,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$72 / 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
$24,289
Tax year 2023
Assessed value
$2,226,300
Assessed 2023
Previous assessed
$2,226,300
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$961,500
Assessed improvement
$1,264,800
Land market value
$961,500
Improvement market value
$1,264,800
Total market value
$2,226,300
Applied tax rate
30.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1979
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
11,288 SF
Lot
1.09 ac (47,480 SF)
Zoning code
RC
APN
22-20-376-044
UPID
US86-0547866
Jurisdiction
SALT LAKE
Zoning & alternative use
RC · Midvale, UT
Zoning RC · permitted uses
RC · Midvale, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Midvale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$870,000
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$855,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1979
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
1.09 ac
Current owner
From public records · entity-resolved
Lnl Properties LLC
Entity
Mailing address
12173 S PARK HVN LN, RIVERTON, UT 84096-7314
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2016
—
Lnl Properties LLC
Woods On Ninth East LLC
Warranty Deed
—
Jan 18, 2006
—
Woods On Ninth East LLC
Seven Oaks Properties LLC
Warranty Deed
$400,000 · Paul A Neuenschwander
Sep 12, 2002
—
Winchester LLC
Equavest Associates #5 Ltd
Quit Claim Deed
related
—
Dec 11, 2000
—
Seven Oaks Properties LLC
Burdick,jack & Rebekah
Grant Deed
$1,224,000 · Brighton Bank
—
—
Seven Oaks Properties LLC
—
Deed Of Trust
related
$520,000 · Greater Salt Lake Business Dis
—
—
Woods On Ninth East LLC
—
Deed Of Trust
related
$100,000 · Paul A Neuenschwander
—
—
Woods On Ninth East LLC
—
Deed Of Trust
related
$700,000 · Frontier Bank Fsb
—
—
Seven Oaks Properties LLC
—
Deed Of Trust
related
$1,275,000 · Key Bank & Trust
—
—
Woods On Ninth East LLC
—
Deed Of Trust
related
$100,000 · Paul A Neuenschwander
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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