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Property profile & analytics
FOR LEASE
Drive through restaurants
7692 S Redwood Rd West Jordan, UT 84084
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US86-0059815
For Lease
1 / 4
Contact for pricing
7692 S Redwood Rd, West Jordan, UT 84084
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Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,954 SF
Lot
0.53 ac (23,087 SF)
Zoning code
SC-2
APN
21-27-377-015
UPID
US86-0059815
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
$335k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$300k
Owner & transaction history
Sage Ent Properties LLC · 11 yrs held
Sage Ent Properties LLC
since 2015
5 recorded transactions
Zoning & alternative use
SC-2 · West Jordan, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The community shopping center zone is established to provide an area in which a general shopping center facility can be established to satisfy the specialty shopping needs of a community or a group of neighborhoods
Zone name
Community Shopping Center Zone
General category
COMMERCIAL
Zone area
418.17 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
$335,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$300k
Range $270k – $330k · ±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
$102 / 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
$14,690
Tax year 2023
Assessed value
$1,465,000
Assessed 2023
Previous assessed
$1,465,000
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$369,300
Assessed improvement
$1,095,700
Land market value
$369,300
Improvement market value
$1,095,700
Total market value
$1,465,000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
1
Total area
2,954 SF
Lot
0.53 ac (23,087 SF)
Zoning code
SC-2
APN
21-27-377-015
UPID
US86-0059815
Jurisdiction
SALT LAKE
Zoning & alternative use
SC-2 · West Jordan, UTZoning SC-2 · permitted uses
SC-2 · West Jordan, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The community shopping center zone is established to provide an area in which a general shopping center facility can be established to satisfy the specialty shopping needs of a community or a group of neighborhoods
Zone name
Community Shopping Center Zone
General category
COMMERCIAL
Zone area
418.17 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Sage Ent Properties LLC
Entity
Mailing address
6440 S PO BOX 712139TH DR, SALT LAKE CITY, UT 84171-2139
Ownership since
2015
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
Oct 28, 2021
—
Sage Enterprise Properties LLC
—
Deed
related
$4,600,000 · Barclays Capital Real Estate INC
Apr 30, 2015
—
Sage Ent Properties LLC
Is Properties LLC
Trustees Deed
$5,330,651 · Miscellaneous Ins Co
Sep 17, 2001
—
Mike Stangl
Pender Trust
Grant Deed
related
—
—
—
Is Properties LLC
—
Deed Of Trust
related
$5,750,000 · Symetra Life Insurance Co
—
—
Mike Stangl
—
Deed Of Trust
related
$325,000 · Us Bank NA
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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