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Property profile & analytics
OFF-MARKET
Estimated value
$12,400,000
Investment properties
6955 Un Park Ctr, Cottonwood Heights, UT 84047-4188
Entity Owned
6-yr Hold
Free & Clear
Property ID
US86-0163018
Property summary
AI-generated overview
This exceptional Class A office building, located at 6955 S Union Park Center in Midvale, Utah, 84047, offers multiple tenancy options within a 104,329 square foot, five-story granite and glass structure. The property sits on a 1.08-acre lot and boasts stunning views of the Salt Lake Valley and Wasatch Mountains. Available spaces range from 4,019 to 6,620 square feet, perfect for businesses seeking executive suites or traditional office space. The building features a striking two-story granite and glass lobby, ample parking (4 to 1000 sf), and elevators for convenient access to all floors. Its convenient location near Fort Union Blvd, in Salt Lake County, provides easy access to major transportation routes. The property is zoned ORD, ensuring flexibility for various business types. This is a prime opportunity to secure prestigious office space in a highly desirable location. The building's modern design and amenities create a professional and productive work environment. Don't miss this chance to establish your business in this impressive Class A building.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1996
Construction
STEEL FRAME
Total area
107,950 SF
Lot
1.91 ac (83,200 SF)
Zoning code
O-R-D
APN
22-20-478-030-4001
UPID
US86-0163018
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
-
GOODEhomesutah.com Real Estate Agency
-
Lienhost (Bike/Boat/Book/etc) Store Corporate Office
-
Fixed Income Solutions (Bike/Boat/Book/etc) Store Corporate Office
-
Novation Title Insurance Title Company
-
Salt Lake City Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.13M
Blend (final)
Blend
$12.40M
Owner & transaction history
Kwc Union Park LLC · 6 yrs held
Kwc Union Park LLC
since 2019
3 recorded transactions
Zoning & alternative use
O-R-D · Cottonwood Heights, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.6M
+3.6%
Auto repair, garage
$11.3M
+1.4%
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 Cottonwood Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cottonwood Heights 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$11,160,000
Current use
RESTAURANT
$11,565,000
Change: +4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,310,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$12.40M
Range $11.16M – $13.64M · ±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
$115 / 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
$222,506
Tax year 2023
Assessed value
$22,043,400
Assessed 2023
Previous assessed
$22,043,400
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$1,976,000
Assessed improvement
$20,067,400
Land market value
$1,976,000
Improvement market value
$20,067,400
Total market value
$22,043,400
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
1996
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
1
Units
1
Total area
107,950 SF
Lot
1.91 ac (83,200 SF)
Zoning code
O-R-D
APN
22-20-478-030-4001
UPID
US86-0163018
Jurisdiction
SALT LAKE
Zoning & alternative use
O-R-D · Cottonwood Heights, UT
Zoning O-R-D · permitted uses
O-R-D · Cottonwood Heights, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cottonwood Heights. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$11.2M
RESTAURANT
Est. value
$11.6M
AUTO REPAIR, GARAGE
Est. value
$11.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
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
1996
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
3
Units
1
Lot
1.91 ac
Current owner
From public records · entity-resolved
Kwc Union Park LLC
Entity
Free & Clear · 6 yrs held
Mailing address
6925 S UN PARK CTR, MIDVALE, UT 84047-4142
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2019
—
Kwc Union Park LLC
—
Deed
related
$21,800,000 · Mufg Union Bank NA
Nov 4, 2019
—
Kwc Union Park LLC
Reef Union Park 6 INC
Grant Deed
—
Jan 23, 2007
—
Reef Union Park 6 INC
Union Park Center Associates
Special Warranty Deed
$11,000,000 · Prudential Mortgage Capital Co LLC
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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