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Property profile & analytics
OFF-MARKET
Estimated value
$115,000
Commercial land
7568 State St Midvale, UT 84047-2004
Individually Owned
3-yr Hold
Free & Clear
Property ID
US86-0289643
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1913
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
616 SF
Lot
0.23 ac (10,019 SF)
Zoning code
SSC
APN
22-30-351-009
UPID
US86-0289643
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
$115k
Owner & transaction history
Fereydon Barzegary · 3 yrs held
Fereydon Barzegary
since 2022
5 recorded transactions
Zoning & alternative use
SSC · Midvale, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Ch. 17-7-7 State Street Zone (SSC) | Midvale Municipal Code Skip to main content Loading... Midvale, UT Municipal Code Home Ch. 17-7-6 Title 17 Ch. 17-7-8 Toggle site navigation Menu Midvale City Municipal Code Title 17, Zoning Ch. 17-7-7, State Street
Zone name
State Street Commercial Zone
General category
COMMERCIAL
Zone area
141.78 ac
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
$115k
Range $104k – $127k · ±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
$187 / 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
$2,021
Tax year 2023
Assessed value
$180,800
Assessed 2023
Previous assessed
$180,800
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$180,800
Land market value
$180,800
Total market value
$180,800
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1913
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Total area
616 SF
Lot
0.23 ac (10,019 SF)
Zoning code
SSC
APN
22-30-351-009
UPID
US86-0289643
Jurisdiction
SALT LAKE
Zoning & alternative use
SSC · Midvale, UTZoning SSC · permitted uses
SSC · Midvale, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Ch. 17-7-7 State Street Zone (SSC) | Midvale Municipal Code Skip to main content Loading... Midvale, UT Municipal Code Home Ch. 17-7-6 Title 17 Ch. 17-7-8 Toggle site navigation Menu Midvale City Municipal Code Title 17, Zoning Ch. 17-7-7, State Street
Zone name
State Street Commercial Zone
General category
COMMERCIAL
Zone area
141.78 ac
Building & site characteristics
From public records
Year built
1913
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Fereydon Barzegary
Individual
Free & Clear · 3 yrs held
Mailing address
7554 S STATE ST, MIDVALE, UT 84047-2004
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2026
—
Fereydon Barzegary
—
Deed
related
$300,000 · The L3araghoshi Family Trust
Dec 2, 2022
—
Fereydon Barzegary
Pouria Barzegari Seian
Quit Claim Deed
related
—
Dec 9, 2019
—
Pouria B Seian
Bonnie Miller Investments Ltd
Warranty Deed
—
Dec 4, 2017
—
Pouria B Seian
Bonnie Miller Investments Ltd
Warranty Deed
—
Jan 10, 2012
—
Bonnie Miller Investments Ltd
Bonnie F Miller Invs Ltd
Quit Claim Deed
—
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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