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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Medical Office Space
1046 100th S, Salt Lake City, UT 84102-1520
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US86-0461825
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,216 SF
Lot
0.26 ac (11,326 SF)
Zoning code
R-2
APN
16-05-206-001
UPID
US86-0461825
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
-
Belnap Legrand MD Weight Loss Service Doctor
-
Bariatric Medicine Institute Medical Clinic Hospital
-
Cottam Daniel MD Physician
-
MICHELLE ANN EVERLY Physician
-
Richards Christina MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.35M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
Bmi Land Holding Co LLC · 15 yrs held
Bmi Land Holding Co LLC
since 2011
7 recorded transactions
Zoning & alternative use
R-2 · 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%
$1,465,000
6.5%
$1,350,000
7%
$1,255,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,175,000
Current use
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±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
$199 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$23,623
Tax year 2022
Assessed value
$2,241,900
Assessed 2023
Previous assessed
$1,680,100
+33.4% YoY
Effective rate
1.05%
On assessed value
Assessed land
$520,300
Assessed improvement
$1,721,600
Land market value
$520,300
Improvement market value
$1,721,600
Total market value
$2,241,900
Applied tax rate
13.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
2
Units
1
Total area
6,216 SF
Lot
0.26 ac (11,326 SF)
Zoning code
R-2
APN
16-05-206-001
UPID
US86-0461825
Jurisdiction
SALT LAKE
Zoning & alternative use
R-2 · Salt Lake City, UT
Zoning R-2 · permitted uses
R-2 · 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
MEDICAL BUILDING Current
Est. value
$1.2M
MEDICAL BUILDING 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
1956
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
2
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Bmi Land Holding Co LLC
Entity
Mailing address
1046 E 100TH S, SALT LAKE CITY, UT 84102-1520
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2011
—
Bmi Land Holding Co LLC
Madison Building LLC
Warranty Deed
$1,026,000 · Zions First National Bank
May 25, 2010
—
Madison Building LLC
—
Trustees Deed
related
$590,000 · Zions First National Bank
Aug 21, 2007
—
Madison Building LLC
Ninth East Investments LLC
Grant Deed
—
Aug 17, 2006
—
Ninth East Investments LLC
Medical Tower Plaza LLC
Grant Deed
—
Mar 26, 2002
—
Medical Towers Noteholders
Aapc
Trustees Deed
related
—
—
—
Susan A Vanroosendaal
—
Deed Of Trust
related
$30,000 · Transwest Credit Union
—
—
Lan C England
—
Deed Of Trust
related
$90,000 · Hess Trust
—
—
Aapc INC
—
Deed Of Trust
related
$1,033,000 · Old West Annuity & Life Insura
—
—
Aapc INC
—
Deed Of Trust
related
$280,000 · Old Standard Life Insurance Co
—
—
Medical Tower Plaza LLC
—
Deed Of Trust
related
$112,500 · Missouri State Bank & Trust Co
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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