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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Community centers
9055 255th W Sandy, UT 84070-2654
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US86-0458636
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
26,749 SF
Lot
2.64 ac (114,998 SF)
Zoning code
RC
APN
27-01-401-035
UPID
US86-0458636
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
-
UpZen Health, Inc. Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$996k
Blend (final)
Blend
$1.10M
Owner & transaction history
Utah Dept Of Transportation · 5 yrs held
Utah Dept Of Transportation
since 2021
7 recorded transactions
Zoning & alternative use
RC · Sandy, 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 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,185,000
Current use
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$41 / 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
$41,025
Tax year 2023
Assessed value
$4,160,700
Assessed 2023
Previous assessed
$4,160,700
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$2,616,200
Assessed improvement
$1,544,500
Land market value
$2,616,200
Improvement market value
$1,544,500
Total market value
$4,160,700
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
5
Total area
26,749 SF
Lot
2.64 ac (114,998 SF)
Zoning code
RC
APN
27-01-401-035
UPID
US86-0458636
Jurisdiction
SALT LAKE
Zoning & alternative use
RC · Sandy, UT
Zoning RC · permitted uses
RC · Sandy, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sandy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
5
Lot
2.64 ac
Current owner
From public records · entity-resolved
Utah Dept Of Transportation
Entity
Mailing address
PO BOX 95747, SOUTH JORDAN, UT 84095-0747
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2023
—
Haagas Property Management Lc
—
Deed
related
$2,533,488 · Altabank
Jan 20, 2021
—
Utah Dept Of Transportation
Haagas Property Management Lc
Warranty Deed
—
Jun 21, 2018
—
Haaas Proert Manaement Lc
Haaga,douglas M
Quit Claim Deed
related
—
Jun 28, 2002
—
Douglas M Haaga
Zions First National Bank
Quit Claim Deed
related
$13,462 · Colorado First Commercial Mtg
—
—
Lube Dev Lc
—
Deed Of Trust
related
$400,000 · Zions First National Bank
—
—
Lube Dev Lc
—
Deed Of Trust
related
$400,000 · Zions First National Bank
—
—
Douglas M Haaga
—
Deed Of Trust
related
$250,000 · Draper Bank & Trust
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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