Property profile

7640 State St Midvale, UT 84047

OFF-MARKET
Turn key restaurants
Property ID
US86-0542402
15,206 SF 0.81 ac lot Built 1947
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1947
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,206 SF
Lot 0.81 ac (35,284 SF)
Zoning code TOD
APN 21-25-479-025
UPID US86-0542402

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Specialty Food Shop (Bike/Boat/Book/etc) Store
  • Spa & Massage Center

Location

7640 State St Midvale, UT 84047-2006
Midvale metro Census 112404 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$820k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
1996
Price N/A

Zoning & alternative use

TOD · Midvale, UT
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…

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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