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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Hotels
6962 Bingham Jct Blvd Midvale, UT 84047-4750
Entity Owned
Absentee Owner
Free & Clear
Property ID
US86-0862297
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2018
Total area
52,153 SF
Lot
2.21 ac (96,268 SF)
Zoning code
BJ
APN
21-26-227-004
UPID
US86-0862297
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
$1.36M
CAP Approach
CAP
$3.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.19M
Owner & transaction history
True Midvale Hospitality LLC
True Midvale Hospitality LLC
since 2025
7 recorded transactions
Zoning & alternative use
BJ · 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,360,000
CAP Approach
CAP Return
Estimation
6%
$3,270,000
6.5%
$3,020,000
7%
$2,805,000
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±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
$42 / 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
$64,089
Tax year 2023
Assessed value
$5,970,700
Assessed 2023
Previous assessed
$5,970,700
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,612,500
Assessed improvement
$4,358,200
Land market value
$1,612,500
Improvement market value
$4,358,200
Total market value
$5,970,700
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2018
Heating
FORCED AIR
Buildings
2
Stories
4
Units
1
Total area
52,153 SF
Lot
2.21 ac (96,268 SF)
Zoning code
BJ
APN
21-26-227-004
UPID
US86-0862297
Jurisdiction
SALT LAKE
Zoning & alternative use
BJ · Midvale, UT
Zoning BJ · permitted uses
BJ · 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
2018
Heating
FORCED AIR
Stories
4
Buildings
2
Units
1
Lot
2.21 ac
Current owner
From public records · entity-resolved
True Midvale Hospitality LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2733 E PARLEYS WAY, SALT LAKE CITY, UT 84109-1600
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Dec 8, 2025
—
True Midvale Hospitality LLC
Snn True Midvale LLC
Deed
—
Jun 17, 2025
—
Snn True Midvale LLC
Riverwalk II Hotel LLC
Special Warranty Deed
$11,190,000 · Canyon View FCU
Jul 7, 2020
—
Riverwalk Ie Hotel LLC
—
Deed
related
$10,864,167 · Washington Fed'l Bk
Apr 27, 2018
—
Riverwalk II Hotel LLC
—
Deed
related
$10,600,000 · Washington Federal NA
Apr 18, 2018
—
Riverwalk II Hotel LLC
Wadsworth Riverwalk II Hotel L
Quit Claim Deed
—
Apr 17, 2017
—
Wadsworth Riverwalke II Hotel L
Riverwalk Investments II LLC
Quit Claim Deed
related
—
—
—
Riverwalk Ie Hotel LLC
—
Loan Modification
related
$10,864,167 · Washington Fed'l Bk
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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