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Property profile & analytics
OFF-MARKET
Estimated value
$5,860,000
Strip malls
725 10600th S Sandy, UT 84094-4409
Entity Owned
7-yr Hold
Free & Clear
Property ID
US86-0574051
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Construction
WOOD FRAME
Total area
43,052 SF
Lot
3.68 ac (160,301 SF)
Zoning code
CN
APN
28-17-151-108
UPID
US86-0574051
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
-
K1 Speed - Indoor Go Karts, Corporate Event Venue, Team Building Activities Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.86M
Owner & transaction history
Midtown National Group LP · 7 yrs held
Midtown National Group LP
since 2018
7 recorded transactions
Zoning & alternative use
CN · Sandy, 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 Sandy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandy 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
$136 / 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
$57,342
Tax year 2023
Assessed value
$5,931,700
Assessed 2023
Previous assessed
$5,931,700
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$2,965,600
Assessed improvement
$2,966,100
Land market value
$2,965,600
Improvement market value
$2,966,100
Total market value
$5,931,700
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1980
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
43,052 SF
Lot
3.68 ac (160,301 SF)
Zoning code
CN
APN
28-17-151-108
UPID
US86-0574051
Jurisdiction
SALT LAKE
Zoning & alternative use
CN · Sandy, UT
Zoning CN · permitted uses
CN · Sandy, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
3.68 ac
Current owner
From public records · entity-resolved
Midtown National Group LP
Entity
Free & Clear · 7 yrs held
Mailing address
415 S CEDROS AVE, SOLANA BEACH, CA 92075-1945
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2018
—
Midtown National Group LP
—
Grant Deed
related
$3,653,000 · California Bk&tr
Oct 16, 2018
—
Midtown National Group LP
Tidal Basin INC
Grant Deed
—
May 17, 2018
—
Tidal Basin I INC
Realty Income Properties 5 LLC
Grant Deed
—
Feb 22, 2016
—
Realty Income Properties 5 LLC
Cube Realty Holdings LLC
Quit Claim Deed
—
Feb 13, 2015
—
Cube Realty Holdings LLC
Sfa 106 LLC
Grant Deed
—
Sep 2, 2014
—
Sfa 106 LLC
Smiths Food & Drug Centers In
Grant Deed
—
—
—
Midtown National Group LP
—
Deed Of Trust
related
$3,653,000 · California Bk&tr
—
—
Cube Realty Holdings LLC
—
Deed Of Trust
related
$2,160,000 · Bank Of The West
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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