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Property profile & analytics
OFF-MARKET
Turn key restaurants
6957 State St Midvale, UT 84047-1239
Individually Owned
12-yr Hold
Free & Clear
Property ID
US86-0418900
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1977
Construction
WOOD FRAME
Total area
3,618 SF
Lot
1.08 ac (47,045 SF)
Zoning code
SS
APN
22-19-353-029
UPID
US86-0418900
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
6957 State St · 12 yrs held
6957 State St
since 2014
7 recorded transactions
Zoning & alternative use
SS · Midvale, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$10,200
Tax year 2023
Assessed value
$912,700
Assessed 2023
Previous assessed
$912,700
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$805,500
Assessed improvement
$107,200
Land market value
$805,500
Improvement market value
$107,200
Total market value
$912,700
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1977
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
3,618 SF
Lot
1.08 ac (47,045 SF)
Zoning code
SS
APN
22-19-353-029
UPID
US86-0418900
Jurisdiction
SALT LAKE
Zoning & alternative use
SS · Midvale, UT
Zoning SS · permitted uses
SS · 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.
Building & site characteristics
From public records
Year built
1977
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
6957 State St
Individual
Free & Clear · 12 yrs held
Mailing address
3112 S MELBOURNE ST, SALT LAKE CITY, UT 84106-3911
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2014
—
6957 State St
Lin,xia
Quit Claim Deed
—
Sep 27, 2013
—
6957 State St
Lin,xia
Grant Deed
—
Sep 11, 2013
—
6957 State St
Lin,xia
Grant Deed
related
—
Mar 13, 2013
—
Chao Zheng
6957 State St
Quit Claim Deed
related
—
Jul 13, 2012
—
6957 State St
Lin,xiz
Grant Deed
related
—
May 14, 2012
—
Xia Lin
Boulder Seven Lc
Warranty Deed
$345,500 · First Utah Bank
Jul 23, 2002
—
Boulder Seven Lc
Boulder 7
Quit Claim Deed
related
$500,000 · Irwin Union Bank & Trust Co
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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