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Property profile & analytics
OFF-MARKET
Retail space
11 Main St, Salina, UT 84654-1368
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US86-1168532
Property summary
AI-generated overview
This exceptional 7,350 square foot property, located at 11 E Main St in Salina, Utah, presents a unique investment opportunity. Built in 1936, this two-story building boasts a versatile layout ideal for office or retail use. The main level offers approximately 6,000 square feet of adaptable space, complemented by a 1,350 square foot basement perfect for storage or additional workspace. Features include tall ceilings, wood floors, ample natural light from large front windows, updated electrical and plumbing systems, and a newer roof. A convenient restroom is also available. Situated on a 0.14-acre lot, this property benefits from its high-traffic Main Street location in Sevier County, Utah, zip code 84654. The building's strong infrastructure and prime location make it an attractive prospect for a variety of businesses seeking a well-maintained and spacious commercial space. Asking price is $349,900.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.08 ac (3,485 SF)
APN
1-S18-16
UPID
US86-1168532
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
by Request
Owner & transaction history
Alvin Gates · 7 yrs held
Alvin Gates
since 2019
2 recorded transactions
Zoning & alternative use
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 Salina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salina 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
$912
Tax year 2023
Assessed value
$84,070
Assessed 2023
Previous assessed
$80,072
+5.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$19,990
Assessed improvement
$64,080
Land market value
$19,990
Improvement market value
$64,080
Total market value
$84,070
Applied tax rate
11.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Lot
0.08 ac (3,485 SF)
APN
1-S18-16
UPID
US86-1168532
Jurisdiction
SEVIER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Lot
0.08 ac
Current owner
From public records · entity-resolved
Alvin Gates
Individual
Mailing address
732 W 650TH S, RICHFIELD, UT 84701-2713
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2021
—
Alvin Gates
—
Deed
related
$84,700 · Rock Canyon Bank
Apr 24, 2019
—
Alvin Gates
Grant N Stubbs
Warranty Deed
—
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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