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Property profile & analytics
OFF-MARKET
Estimated value
$275,000
Industrial properties
7526 State St Midvale, UT 84047-2095
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US86-0316573
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1929
Total area
2,003 SF
Lot
0.45 ac (19,602 SF)
Zoning code
SF1-DO
APN
21-25-429-003
UPID
US86-0316573
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
$275k
Owner & transaction history
7520 Lc · 26 yrs held
7520 Lc
since 2000
2 recorded transactions
Zoning & alternative use
SF1-DO · Midvale, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The duplex overlay zone is intended to provide additional standards for the development of duplexes within the zone district, The duplex overlay zone informs the owners of the standards that will be applied in approving or denying proposed developments, The purpose of SF-1 district is to allow for the continuation of low density residential neighborhoods and…
Zone name
Single Family Residential Zone 1 Duplex Overlay
General category
COMMERCIAL
Zone area
670.54 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 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$275k
Range $248k – $303k · ±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
$137 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,376
Tax year 2024
Assessed value
$214,600
Assessed 2024
Previous assessed
$214,600
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$214,600
Land market value
$214,600
Total market value
$214,600
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1929
Heating
NONE
Stories
1
Rooms
11
Bathrooms
2
Total area
2,003 SF
Lot
0.45 ac (19,602 SF)
Zoning code
SF1-DO
APN
21-25-429-003
UPID
US86-0316573
Jurisdiction
SALT LAKE
Zoning & alternative use
SF1-DO · Midvale, UTZoning SF1-DO · permitted uses
SF1-DO · Midvale, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The duplex overlay zone is intended to provide additional standards for the development of duplexes within the zone district, The duplex overlay zone informs the owners of the standards that will be applied in approving or denying proposed developments, The purpose of SF-1 district is to allow for the continuation of low density residential neighborhoods and to allow neighborhood commercial and recreational activities that are compatible with residential neighborhoods, Provide opportunities for variations in architectural design and housing types, Provide opportunities for duplex two family uses in specific duplex overlay districts, Provide opportunities for agricultural uses in discrete agricultural overlay districts
Zone name
Single Family Residential Zone 1 Duplex Overlay
General category
COMMERCIAL
Zone area
670.54 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1929
Heating
NONE
Stories
1
Rooms
11
Bathrooms
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
7520 Lc
Individual
Mailing address
7526 S STATE ST, MIDVALE, UT 84047-2095
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2000
—
7520 Lc
2005 Lc
Quit Claim Deed
related
$740,000 · Greater Salt Lake Business Dis
Nov 29, 1999
—
Frank Christianson
—
Grant Deed
related
$1,727,000 · First Security Bank
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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