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Property profile & analytics
FOR LEASE
Turn key restaurants
7251 S Plaza Center Dr West Jordan, UT 84084
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-0699749
For Lease
1 / 5
Contact for pricing
7251 S Plaza Center Dr, West Jordan, UT 84084
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2004
Construction
WOOD FRAME
Total area
5,445 SF
Lot
0.3 ac (13,068 SF)
Zoning code
SC-3
APN
21-29-177-002
UPID
US86-0699749
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
$400k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$410k
Owner & transaction history
Jl Plaza Fb Investors LLC · 4 yrs held
Jl Plaza Fb Investors LLC
since 2021
4 recorded transactions
Zoning & alternative use
SC-3 · West Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The regional shopping center zone is established to provide a district in which the primary use of the land is for commercial and service uses to serve needs of people living in an entire region and to serve as a place of employment in pleasant surroundings close to the center of the regional population it is intended to serve.
Zone name
Regional Shopping Center Zone
General category
COMMERCIAL
Zone area
168.62 ac
Source
Realmo
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 West Jordan submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Jordan 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
$400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$410k
Range $369k – $451k · ±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
$75 / 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
$23,546
Tax year 2023
Assessed value
$2,348,300
Assessed 2023
Previous assessed
$2,348,300
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$326,000
Assessed improvement
$2,022,300
Land market value
$326,000
Improvement market value
$2,022,300
Total market value
$2,348,300
Applied tax rate
37.0000
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
For Lease
Year built
2004
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Units
2
Total area
5,445 SF
Lot
0.3 ac (13,068 SF)
Zoning code
SC-3
APN
21-29-177-002
UPID
US86-0699749
Jurisdiction
SALT LAKE
Zoning & alternative use
SC-3 · West Jordan, UTZoning SC-3 · permitted uses
SC-3 · West Jordan, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The regional shopping center zone is established to provide a district in which the primary use of the land is for commercial and service uses to serve needs of people living in an entire region and to serve as a place of employment in pleasant surroundings close to the center of the regional population it is intended to serve.
Zone name
Regional Shopping Center Zone
General category
COMMERCIAL
Zone area
168.62 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2004
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
Jl Plaza Fb Investors LLC
Entity
Mailing address
200 S MICHIGAN AVE, CHICAGO, IL 60604-2402
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2021
—
Jl Plaza Fb Investors LLC
Plaza At Jordan Landing LLC
Intrafamily Transfer
related
$107,521,770 · Prudential Insurance Of America
Apr 16, 2019
—
Plaza At Jordan Landing LLC
—
Loan Modification
related
$110,000,000 · Miscellaneous Ins Co
Aug 27, 2014
—
Plaza At Jordan Landing LLC
—
Loan Modification
related
$83,500,000 · Variable Annuity Life Ins Co
Sep 9, 2004
—
Plaza At Jordan Landing LLC
Jordan Landing Plaza LLC
Quit Claim Deed
related
$83,500,000 · Variable Annuity Life Ins 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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