1001 11th Ave Salt Lake City, UT 84103-4247
Entity Owned
11-yr Hold
~
Est. High Equity
Estimated value (blended)
$705k
Range $635k – $776k (±10%)
Property ID
US86-0322843
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
23,717 SF
Lot
4.53 ac (197,327 SF)
Zoning code
OS
APN
09-32-203-004
UPID
US86-0322843
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Social Service Agency
-
Hotel & Motel Resort
-
Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$910k
Blend (final)
Blend
$705k
Owner & transaction history
since 2015
2 recorded transactions
Zoning & alternative use
OS · Salt Lake City, UT
Zoning description
The purpose of the OS Open Space District is to preserve and enhance public and private open space, natural areas and improved park and recreational areas. These areas serve to provide opportunities for active and passiv…
General category
OPEN_SPACE
Top alternative use upside
Industrial (general)
$1.4M
+21.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$705k
Value range
$635k – $776k
±10% around blend
Estimated value / SF
$30 / SF
Confidence
Property data
88
Comparable evidence
60
$635k
blend $705k
$776k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
23,717 SF
Lot area
4.53 ac
Year built
1929
Stories
1
APN
09-32-203-004
Assessed value
$1,044,880
Annual tax
$10,184
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$910k
Range $910k – $1.38M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$705k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Industrial (general)
Gross theoretical uplift
+21%
vs current-use indication
Cemetery, Funeral Home, Mortuary (commercial) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.04M
Move the market yield to see immediate price impact.
Value / SF
$44
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$66k
$1.32M
$940k
$731k
$73k
$1.46M
$1.04M
$813k
$80k
$1.61M
$1.15M
$894k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$10,184
Tax year 2023
Assessed value
$1,044,880
Assessed 2023
Previous assessed
$1,044,880
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$483,390
Assessed improvement
$561,490
Land market value
$483,390
Improvement market value
$561,490
Total market value
$1,044,880
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
YES
Buildings
3
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
23,717 SF
Lot
4.53 ac (197,327 SF)
Zoning code
OS
APN
09-32-203-004
UPID
US86-0322843
Jurisdiction
SALT LAKE
Zoning & alternative use
OS · Salt Lake City, UTZoning OS · permitted uses
OS · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The purpose of the OS Open Space District is to preserve and enhance public and private open space, natural areas and improved park and recreational areas. These areas serve to provide opportunities for active and passiv…
General category
OPEN_SPACE
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1929
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Rooms
6
Bathrooms
1
Lot
4.53 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
OS
OPEN_SPACE
Jurisdiction
Salt Lake City, UT
Recorded code
OS
Official district
OS
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for OS in Salt Lake City, UT.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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?”
You own 1001 11th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
