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Property profile & analytics
FOR LEASE
Investment properties
10 Exchange Pl, Salt Lake City, UT 84111
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US86-0096788
For Lease
1 / 4
$29 SF/Yr
10 Exchange Pl, Salt Lake City, UT 84111
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1909
Construction
CONCRETE
Total area
117,596 SF
Lot
0.3 ac (13,068 SF)
Zoning code
D-1
APN
16-06-302-001
UPID
US86-0096788
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
-
Spencer Fane Snow Christensen & Martineau Law Firm
-
The Salt Lake Lawyers Law Firm
-
Marshall Olson & Hull Law Firm
-
Suralink (Bike/Boat/Book/etc) Store Corporate Office
-
Snow Christensen & Martineau: White Heather S Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.81M
Owner & transaction history
Ty Place LLC
Ty Place LLC
since 2025
7 recorded transactions
Zoning & alternative use
D-1 · Salt Lake City, 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 Salt Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salt Lake City 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,665,000
Current use
WAREHOUSE, STORAGE
$6,580,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$4.81M
Range $4.33M – $5.29M · ±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
$260,508
Tax year 2023
Assessed value
$26,351,200
Assessed 2023
Previous assessed
$26,351,200
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$1,199,200
Assessed improvement
$25,152,000
Land market value
$1,199,200
Improvement market value
$25,152,000
Total market value
$26,351,200
Applied tax rate
1.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1909
Construction
CONCRETE
Heating
HOT WATER
Buildings
3
Stories
11
Total area
117,596 SF
Lot
0.3 ac (13,068 SF)
Zoning code
D-1
APN
16-06-302-001
UPID
US86-0096788
Jurisdiction
SALT LAKE
Zoning & alternative use
D-1 · Salt Lake City, UT
Zoning D-1 · permitted uses
D-1 · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salt Lake City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$7.7M
WAREHOUSE, STORAGE
Est. value
$6.6M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1909
Construction
CONCRETE
Heating
HOT WATER
Stories
11
Buildings
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Ty Place LLC
Entity
Mailing address
2716 OCEAN PARK BLVD, SANTA MONICA, CA 90405-5207
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
—
Ty Place LLC
Newhouse Office Building LLC
Special Warranty Deed
$1,500,000 · Newhouse Ob Spv LLC
Jun 16, 2022
—
Newhouse Office Building LLC
—
Deed
related
$21,000,000 · Angel Oak Comiviercial Lending LLC
Mar 16, 2020
—
Newhouse Office Building LLC
—
Deed
related
$19,849,643 · Cibc Bk USA
Jul 10, 2017
—
Newhouse Office Building LLC
Hp Newhouse LLC
Quit Claim Deed
related
$17,550,000 · Privatebank & Tr
Sep 23, 2011
—
Sanchez Utah 4 LLC
Sanchez,david J & Maria H
Quit Claim Deed
$5,475,000 · John Hancock Life Insurance Co
Sep 23, 2004
—
Hp Newhouse LLC
Hp Newhouse LLC
Quit Claim Deed
related
$6,300,000 · John Hancock Life Insurance Co
May 9, 2002
—
Hp Newhouse LLC
Scm Land Co
Grant Deed
$6,400,000 · Transamerica Commercial Real E
—
—
Newhouse Office Building LLC
—
Loan Modification
related
$19,849,643 · Cibc Bk USA
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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