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Property profile & analytics
OFF-MARKET
Estimated value
$22,140,000
Turn key restaurants
8650 1300th E Sandy, UT 84094-1947
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US86-0477448
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1977
Construction
WOOD FRAME
Total area
4,955 SF
Lot
0.77 ac (33,541 SF)
Zoning code
CN
APN
28-05-228-050
UPID
US86-0477448
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
-
Cafe Anh Hong Restaurant
-
PeiPei House Japanese Sushi & Chinese Cuisine Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.14M
Owner & transaction history
Jian T Wu · 10 yrs held
Jian T Wu
since 2016
4 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
$4,468 / 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
$9,172
Tax year 2023
Assessed value
$877,400
Assessed 2023
Previous assessed
$877,400
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$838,400
Assessed improvement
$39,000
Land market value
$838,400
Improvement market value
$39,000
Total market value
$877,400
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
1977
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Total area
4,955 SF
Lot
0.77 ac (33,541 SF)
Zoning code
CN
APN
28-05-228-050
UPID
US86-0477448
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
1977
Construction
WOOD FRAME
Heating
SPACE
Stories
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Jian T Wu
Individual
Mailing address
167 E KENSINGTON AVE, SALT LAKE CITY, UT 84115-1628
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2016
—
Jian T Wu
Wu,jian T
Quit Claim Deed
related
$266,018 · Cyprus Cu
Jun 1, 2001
—
Jian T Wu
Wing,sze
Grant Deed
$405,000 · Sze
—
—
Jon T Gifford
—
Deed Of Trust
related
$392,000 · Mortgage Loan Specialists Grou
—
—
Jian T Wu
—
Deed Of Trust
related
$385,000 · Cyprus 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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