Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8650 1300th E Sandy, UT 84094-1947

    • Turn key restaurants
    • 4,955 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimations
    $385,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US86-0477448
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cafe Anh Hong / Dim Sum Restaurant / Cafe
    • PeiPei House Japanese Sushi & Chinese Cuisine / Sushi Takeaway / Asian Fusion Restaurant

    Property Details for 8650 1300th E

    Year built
    1977
    Construction
    WOOD FRAME
    Lot size
    0.77 lot acres
    Property size
    4,955 SF
    Zone code
    CN
    Property type
    Turn key restaurants
    APN
    28-05-228-050
    APU
    2805228050

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $385,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sandy
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.854
    Latitude
    40.5941
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,172
    $838,400
    $39,000
    $877,400
    -
    $838,400
    $39,000
    $877,400

    Comparable in this City

    • Value Estimation
      $235,000
      25 SF

      849 9400th S106j

      RESTAURANT • 25 SF
      849 9400th S106j, Sandy, UT 84094-3655
      View Details
    • Value Estimation
      $240,000
      30 SF

      887 9400th S507a

      RESTAURANT • 30 SF
      887 9400th S507a, Sandy, UT 84094-3671
      View Details
    • Value Estimation
      $235,000
      25 SF

      863 9400th S210n

      RESTAURANT • 25 SF
      863 9400th S210n, Sandy, UT 84094-3670
      View Details
    • Value Estimation
      $225,000
      22 SF

      887 9400th S502r

      RESTAURANT • 22 SF
      887 9400th S502r, Sandy, UT 84094-3671
      View Details
    • Value Estimation
      $235,000
      25 SF

      849 9400th S110d

      RESTAURANT • 25 SF
      849 9400th S110d, Sandy, UT 84094-3655
      View Details
    • Value Estimation
      $220,000
      74 SF

      887 9400th S501k

      RESTAURANT • 74 SF
      887 9400th S501k, Sandy, UT 84094-3671
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.78 Acres

      Sandy Retail Pad - Quarry Bend

      Prime 0.78-acre retail lot for sale.
      9291 Quarry Bend Dr, Sandy, UT 84094
      View Details
    • $9,670,000
      49,589 SF

      Class-A Office Building with Parking

      Well-maintained office building with private parking in Sandy, Utah.
      1220 E 7800 S, Sandy, UT 84094
      View Details
    • $375,000
      0.42 Acres

      Sandy Commercial Land - $375K

      0.42-acre commercial lot, ready to build.
      8955 700, Sandy, UT 84094
      View Details
    • $11,250,000
      49,589 SF

      High Point Office Building, Sandy, UT

      Class A Office, 49,589 SF, Vacant
      1218 7800, Midvale, UT 84094
      View Details
    • $500,000
      0.01 Acres

      Professionally Designed Office Suite

      Versatile office suite in high-demand commercial area.
      750 E 9000 S, Sandy, UT 84094
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,205 SF

      Retail, Office, and Residential Space

      Mixed-use project with retail, office, and residential spaces available.
      1075 E 9400 S, Sandy, UT 84094
      View Details
    • Contact for pricing
      450,000 SF

      Quarry Bend Retail Center Space

      High-income area retail space available. Multiple sizes.
      9400 1000, Sandy, UT 84094
      View Details
    • Contact for pricing
      5,388 SF

      Retail Pads in Smith's Center

      Retail pads available for ground lease or build-to-suit.
      10257-10305 S 1300 E, Sandy, UT 84094
      View Details
    • $28 SF/Yr
      18,423 SF

      Hatch Medical Office: Sandy, UT

      Class A Sandy Office Space: 18,423 SF Available
      9880 1300, Sandy, UT 84094
      View Details
    • Contact for pricing
      165,833 SF

      Alta View Plaza Retail Center

      Salt Lake City retail space available.
      10301 1300, Sandy, UT 84094
      View Details
    • $14 SF/Yr
      1,795 SF

      Sandy Office Space Available

      Office space for rent in Sandy, Utah, divisible suites.
      870 E 9400 S, Sandy, UT 84094
      View Details

    Property Visit Statistics

    • Visits by month
      1.9k
    • Visitors by month
      1.3k
    • Avg Time on site
      77 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8650 1300th E
    Sandy, UT 84094-1947
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.