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Property profile & analytics
FOR SALE
Retail space
8555 W Magna Main St, Magna, UT 84044
Entity Owned
3-yr Hold
Free & Clear
Property ID
US86-0500752
For Sale
1 / 16
$1,600,000
8555 W Magna Main St, Magna, UT 84044
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.24 ac (10,454 SF)
Zoning code
R265
APN
14-29-126-002
UPID
US86-0500752
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
by Request
Owner & transaction history
Jt&d Nielsen Properties LLC · 3 yrs held
Jt&d Nielsen Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
R265 · 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
—
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
$1,786
Tax year 2023
Assessed value
$125,400
Assessed 2023
Previous assessed
$125,400
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$125,400
Land market value
$125,400
Total market value
$125,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Heating
NONE
Lot
0.24 ac (10,454 SF)
Zoning code
R265
APN
14-29-126-002
UPID
US86-0500752
Jurisdiction
SALT LAKE
Zoning & alternative use
R265 · Magna, UT
Zoning R265 · permitted uses
R265 · 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
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Jt&d Nielsen Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3330 S 8000TH W, MAGNA, UT 84044-1948
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2022
—
Jt&d Nielsen Properties LLC
Mitchells Grub Box Properties LLC
Warranty Deed
—
Oct 28, 2020
—
Mitchell S Grub Box Properties LLC
Myron Mitchell
Warranty Deed
$840,000 · Central Bank
Apr 13, 2007
—
Myron Mitchell
Julie S Mitchell
Intrafamily Transfer
related
$565,000 · Wells Fargo Bank NA
—
—
Myron Mitchell
—
Deed Of Trust
related
$41,000 · Bank Of American Fork
—
—
Julier S Mitchell
—
Deed Of Trust
related
$350,000 · First National Bank Layton
—
—
Julie S Mitchell
—
Deed Of Trust
related
$150,000 · First National Bank Layton
—
—
Julie S Mitchell
—
Deed Of Trust
related
$265,000 · First National Bank Layton
—
—
Myron Mitchell
—
Deed Of Trust
related
$575,622 · Kenneth J Daleiden
—
—
Myron Mitchell
—
Deed Of Trust
related
$930,000 · Granite Cu
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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