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Property profile & analytics
OFF-MARKET Estimated value $800,000
Warehouses

7638 State St Ste A Midvale, UT 84047-2078

7,776 SF 1.23 ac lot Built 1996
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US86-0335203
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 7,776 SF
Lot 1.23 ac (53,579 SF)
Zoning code TOD
APN 21-25-479-024
UPID US86-0335203
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
$610k
CAP Approach CAP
$985k
Comparable Approach Comparable
$801k
Blend (final) Blend
$800k
Owner & transaction history
Acres Development Group LLC · 2 yrs held
Acres Development Group LLC
since 2024
2 recorded transactions
2024
Price N/A
1996
Price N/A
Zoning & alternative use
TOD · Midvale, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Ch. 17-7-8, Transit-Oriented Development Zone (TOD) Chapter 17-7-8 TRANSIT-ORIENTED DEVELOPMENT ZONE (TOD) Search Within This This chapter is included in your selections. Sections: 17-7-8.1 Purpose. 17-7-8.2 Uses. 17-7-8.3 Single family residential development standards. 17-7-8.4 Medium and high density residential development standards. 17-7-8.5 Retail, off…

Zone name Transit Oriented Development Zone
General category UNKNOWN
Zone area 128.58 ac
Top alternative use upside
Restaurant $835,000 +41.8%
Auto repair, garage $815,000 +38.7%
Commercial (general) $805,000 +36.8%
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