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Property profile & analytics
FOR LEASE
Community centers
9096 Village Shop Dr Sandy, UT 84094
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0255310
For Lease
1 / 3
$2,180,000
9096 Village Shop Dr, Sandy, UT 84094
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
2007
Construction
WOOD FRAME
Total area
12,460 SF
Lot
14.11 ac (614,632 SF)
Zoning code
SD(X)
APN
28-05-331-002
UPID
US86-0255310
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
$2.18M
Owner & transaction history
Lowes Home Centers LLC · 1 yrs held
Lowes Home Centers LLC
since 2024
6 recorded transactions
Zoning & alternative use
SD(X) · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$175 / 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
$310,327
Tax year 2023
Assessed value
$31,473,300
Assessed 2023
Previous assessed
$31,473,300
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$8,067,000
Assessed improvement
$23,406,300
Land market value
$8,067,000
Improvement market value
$23,406,300
Total market value
$31,473,300
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
For Lease
Year built
2007
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Buildings
13
Stories
1
Units
10
Total area
12,460 SF
Lot
14.11 ac (614,632 SF)
Zoning code
SD(X)
APN
28-05-331-002
UPID
US86-0255310
Jurisdiction
SALT LAKE
Zoning & alternative use
SD(X) · Sandy, UT
Zoning SD(X) · permitted uses
SD(X) · 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.
Building & site characteristics
From public records
Year built
2007
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
13
Units
10
Lot
14.11 ac
Current owner
From public records · entity-resolved
Lowes Home Centers LLC
Entity
Free & Clear · 1 yrs held
Mailing address
101 S 200TH E, SALT LAKE CITY, UT 84111-3104
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2024
—
Lowes Home Centers LLC
—
Deed
related
—
Mar 15, 2022
—
Boyer Quarry Bend LLC
—
Deed
related
$23,100,000 · Nationwide Life Insurance Company
Dec 2, 2009
—
Quarry Bend Lc Boyer
—
Deed Of Trust
related
$30,980,399 · Wells Fargo Bank
—
—
Quarry Bend Lc Boyer
—
Deed Of Trust
related
—
—
—
Quarry Bend Lc Boyer
—
Deed Of Trust
related
—
—
—
Boyer Quarry Bend Lc
—
Loan Modification
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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