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Property profile & analytics
OFF-MARKET
Estimated value
$22,540,000
Turn key restaurants
8612 1300th E Sandy, UT 84094-1947
Entity Owned
12-yr Hold
Free & Clear
Property ID
US86-0372984
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,750 SF
Lot
0.63 ac (27,443 SF)
Zoning code
CN
APN
28-05-228-053
UPID
US86-0372984
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
Current use
Occupant on record · Public records
-
Fratelli Ristorante Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.54M
Owner & transaction history
Tesoro Refining & Marketing Co · 12 yrs held
Tesoro Refining & Marketing Co
since 2014
7 recorded transactions
Zoning & alternative use
CN · Sandy, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is established to allow for the creation of commercial centers to serve the convenience shopping and service needs of neighborhood areas of Sandy City within planned commercial centers, The Neighborhood Commercial District designation is intended for commercial developments that will relate to residential neighborhoods and will be compatible wi…
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
155.19 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 Sandy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sandy 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
$4,745 / 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
$763
Tax year 2023
Assessed value
$2,241,400
Assessed 2023
Previous assessed
$2,241,400
+0.0% YoY
Effective rate
0.03%
On assessed value
Assessed land
$917,500
Assessed improvement
$1,323,900
Land market value
$917,500
Improvement market value
$1,323,900
Total market value
$2,241,400
Applied tax rate
35.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Units
1
Total area
4,750 SF
Lot
0.63 ac (27,443 SF)
Zoning code
CN
APN
28-05-228-053
UPID
US86-0372984
Jurisdiction
SALT LAKE
Zoning & alternative use
CN · Sandy, UTZoning CN · permitted uses
CN · Sandy, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is established to allow for the creation of commercial centers to serve the convenience shopping and service needs of neighborhood areas of Sandy City within planned commercial centers, The Neighborhood Commercial District designation is intended for commercial developments that will relate to residential neighborhoods and will be compatible with residential character
Zone name
Neighborhood Commercial
General category
COMMERCIAL
Zone area
155.19 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2019
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Tesoro Refining & Marketing Co
Entity
Free & Clear · 12 yrs held
Mailing address
8612 S 1300TH E, SANDY, UT 84094-1947
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2020
—
Ss & E LLC
—
Deed
related
$843,631 · Granite FCU
Jul 15, 2020
—
Ss&e LLC
—
Deed
related
$1,687,262 · Granite FCU
Aug 22, 2019
—
Ss&e LLC
—
Deed
related
$1,803,500 · Granite FCU
May 15, 2014
—
Tesoro Refining & Marketing Co
Salt Lake City Retail & Conven
Grant Deed
—
Mar 6, 2013
—
Salt Lake City Retail & Conven
Singh Petroleum LLC
Grant Deed
—
Mar 2, 2009
—
Singh Petroleum LLC
Convenience Retailers LLC
Trustees Deed
$12,313,750 · First Credit Bank
Dec 22, 2008
—
Sandy City Corp
Convenience Retailers LLC
Warranty Deed
—
Jan 29, 2008
—
Convenience Retailers LLC
Kayo Oil
Grant Deed
—
Dec 30, 2003
—
Kayo Oil Co
Conocophillips Co
Grant Deed
related
—
—
—
Ss & E LLC
—
Deed Of Trust
related
$843,631 · Granite FCU
—
—
Ss & E LLC
—
Deed Of Trust
related
$874,000 · Mountain W Small Busn Fin
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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