Property profile

8473 Cordero Dr Magna, UT 84044

OFF-MARKET
Apartment buildings
Property ID
US86-0010723
33,276 SF 13.13 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Total area 33,276 SF
Lot 13.13 ac (571,943 SF)
Zoning code P-C
APN 14-32-376-007
UPID US86-0010723

Cap rate & NOI

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

Location

8473 Cordero Dr Magna, UT 84044
Magna metro Census 113909 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.61M
Blend (final) Blend
$2.86M

Owner & transaction history

since 2024
1 recorded transaction
2024
Price N/A

Zoning & alternative use

P-C · Magna, UT
Zoning description

The Zone may consist of any number or combination of the following land use districts that shall be identified in the Community Structure Plan as provided in this chapter, Specific land uses proposed in the Zone may only…

General category UNKNOWN
Top alternative use upside
Retail stores $3.8M +69.4%
Commercial (general) $3.8M +67.3%
Auto repair, garage $2.7M +18.2%

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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