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Property profile & analytics
FOR SALE
Turn key restaurants
8164 W 3500 S, Magna, UT 84044
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US86-0283453
For Sale
1 / 2
$2,994,633
8164 W 3500 S, Magna, UT 84044
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,486 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C-2
APN
14-29-476-011
UPID
US86-0283453
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
$1.44M
Owner & transaction history
Mendez Investments LLC · 10 yrs held
Mendez Investments LLC
since 2016
5 recorded transactions
Zoning & alternative use
C-2 · Magna, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Magna submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Magna 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$969 / 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
$200
Tax year 2023
Assessed value
$235,800
Assessed 2023
Previous assessed
$235,800
+0.0% YoY
Effective rate
0.08%
On assessed value
Assessed land
$98,700
Assessed improvement
$137,100
Land market value
$98,700
Improvement market value
$137,100
Total market value
$235,800
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
Turn key restaurants
Use group
RESTAURANT
Status
For Sale
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
1
Units
1
Total area
1,486 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C-2
APN
14-29-476-011
UPID
US86-0283453
Jurisdiction
SALT LAKE
Zoning & alternative use
C-2 · Magna, UT
Zoning C-2 · permitted uses
C-2 · Magna, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Magna. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Mendez Investments LLC
Entity
Mailing address
8190 W 3500TH S, MAGNA, UT 84044-2221
Ownership since
2016
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
Jun 16, 2016
—
Mendez Investments LLC
Mendez,jems
Quit Claim Deed
—
Sep 23, 2008
—
Jems Mendez
Stoker,joan R
Quit Claim Deed
related
—
Jun 14, 2005
—
Jems Mendez
Mendez,jems
Quit Claim Deed
related
—
Aug 28, 2000
—
Jems Mendez
Stoker,joan R
Grant Deed
$110,500 · Seller
—
—
Jems Mendez
—
Deed Of Trust
related
$70,000 · Zions First National 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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