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Property profile & analytics
OFF-MARKET
Estimated value
$2,580,000
Hotels
7231 Catalpa Rd Midvale, UT 84047-7396
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0567413
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1978
Construction
WOOD FRAME
Total area
56,750 SF
Lot
2.15 ac (93,654 SF)
Zoning code
TOD
APN
21-25-176-006
UPID
US86-0567413
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
$1.88M
CAP Approach
CAP
$3.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.58M
Owner & transaction history
Hvs Hospitality LLC · 1 yrs held
Hvs Hospitality LLC
since 2024
7 recorded transactions
Zoning & alternative use
TOD · 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
$1,880,000
CAP Approach
CAP Return
Estimation
6%
$3,560,000
6.5%
$3,285,000
7%
$3,050,000
Blend value · Realmo final
$2.58M
Range $2.32M – $2.84M · ±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
$45 / 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
$61,886
Tax year 2023
Assessed value
$6,261,900
Assessed 2024
Previous assessed
$6,261,900
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$1,392,800
Assessed improvement
$4,869,100
Land market value
$1,392,800
Improvement market value
$4,869,100
Total market value
$6,261,900
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
1978
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
2
Units
122
Total area
56,750 SF
Lot
2.15 ac (93,654 SF)
Zoning code
TOD
APN
21-25-176-006
UPID
US86-0567413
Jurisdiction
SALT LAKE
Zoning & alternative use
TOD · Midvale, UT
Zoning TOD · permitted uses
TOD · 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
1978
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
122
Lot
2.15 ac
Current owner
From public records · entity-resolved
Hvs Hospitality LLC
Entity
Mailing address
5732 S 1475TH RD E, SOUTH OGDEN, UT 84403-7005
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Nov 15, 2024
—
Hvs Hospitality LLC
Parminder Singh
Warranty Deed
$9,886,600 · Celtic Bank Corporation
Sep 19, 2024
—
Exchange Accomodation LLC
Kb Midvale Hotel LLC
Warranty Deed
—
Sep 13, 2024
—
Kb Midvale Hotel Limited Liablity C
Kb Midvale Hotel Limited Liablity C
Intrafamily Transfer
related
—
Oct 27, 2022
—
Kb Midvale Hotel LLC
—
Deed
related
$3,335,000 · D L Evans Bank
Jan 30, 2020
—
Kb Midvale Hotel LLC
Cplg Properties LLC
Grant Deed
$3,291,000 · Bank Of Hope
Jun 1, 2018
—
Cplg Properties LLC
—
Deed
related
$1,035,000,000 · Jpmorgan Chase Bk NA
Aug 9, 2007
—
Bre Of Lq Properties LLC
—
Deed Of Trust
related
—
Mar 16, 2006
—
Bre Of Lq Properties LLC
Laquinta Properties INC
Grant Deed
—
—
—
Midvaleh Kb Midvale Hotel LLC
—
Deed Of Trust
related
$3,291,000 · Bank Of Hope
—
—
Cplg Properties LLC
—
Deed Of Trust
related
$1,035,000,000 · Jpmorgan Chase Bk NA
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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