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Property profile & analytics
FOR LEASE
Drive through restaurants
1015 N 500 E North Salt Lake, UT 84054
Trust Owned
~
Est. High Equity
Property ID
US86-0348803
For Lease
1 / 5
Contact for pricing
1015 N 500 E, North Salt Lake, UT 84054
View Listing →
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1977
Construction
WOOD
Total area
2,112 SF
Lot
0.55 ac (23,958 SF)
Zoning code
CS
APN
06-095-0047
UPID
US86-0348803
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
-
Bahama Buck's Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
F&v Dickson Trust
F&v Dickson Trust
since 2026
7 recorded transactions
Zoning & alternative use
CS · North Salt Lake, 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 North Salt Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Salt Lake 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
—
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
$367
Tax year 2023
Assessed value
$281,333
Assessed 2023
Previous assessed
$281,333
+0.0% YoY
Effective rate
0.13%
On assessed value
Assessed land
$138,357
Assessed improvement
$142,975
Land market value
$251,559
Improvement market value
$259,956
Total market value
$511,515
Applied tax rate
344.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
For Lease
Year built
1977
Construction
WOOD
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
2,112 SF
Lot
0.55 ac (23,958 SF)
Zoning code
CS
APN
06-095-0047
UPID
US86-0348803
Jurisdiction
DAVIS
Zoning & alternative use
CS · North Salt Lake, UT
Zoning CS · permitted uses
CS · North Salt Lake, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Salt Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
F&v Dickson Trust
Trust
Mailing address
1161 ASPEN DR, LOGAN, UT 84341-3053
Ownership since
2026
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
Mar 25, 2026
—
F&v Dickson Trust
Franklin D Dickson
Deed
related
—
Apr 21, 2022
—
Franklin D Dickson
Jong Seok Bark
Warranty Deed
—
Aug 1, 2019
—
Jong-seok Bark
—
Deed
related
$400,000 · Silver Hill Fndg LLC
Aug 7, 2003
—
Jong-seok Bark
Nam,suk H
Grant Deed
$265,000 · Cary A & Judy H Self
Sep 16, 1998
—
Suk N Nam
Wok & Roll INC
Grant Deed
related
—
May 21, 1996
—
Wok & Roll INC
Harman Management Corp
Grant Deed
$225,000 · Seller
—
—
Jong-seok Bark
—
Deed Of Trust
related
$400,000 · Silver Hill Fndg LLC
—
—
Jong-seok Bark
—
Deed Of Trust
related
$220,000 · John Webber Retirement Plan
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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