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Property profile & analytics
OFF-MARKET
Commercial land
110 Commonwealth Ave, South Salt Lake, UT 84115-2505
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US86-0059079
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1919
Construction
WOOD FRAME
Total area
512 SF
Lot
0.09 ac (3,920 SF)
Zoning code
ZBUS-A
APN
15-24-227-027
UPID
US86-0059079
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
Bdr Property Holdings LLC · 1 yrs held
Bdr Property Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
ZBUS-A · South 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 South Salt Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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 2022Property tax & assessments
Tax year 2022
Tax billed
$555
Tax year 2022
Assessed value
$49,100
Assessed 2023
Previous assessed
$41,000
+19.8% YoY
Effective rate
1.13%
On assessed value
Assessed land
$49,100
Land market value
$49,100
Total market value
$49,100
Applied tax rate
14.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1919
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Rooms
11
Bathrooms
2
Total area
512 SF
Lot
0.09 ac (3,920 SF)
Zoning code
ZBUS-A
APN
15-24-227-027
UPID
US86-0059079
Jurisdiction
SALT LAKE
Zoning & alternative use
ZBUS-A · South Salt Lake, UT
Zoning ZBUS-A · permitted uses
ZBUS-A · South Salt Lake, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Salt Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1919
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
2
Rooms
11
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Bdr Property Holdings LLC
Entity
Mailing address
1595 E 275TH N, LAYTON, UT 84040-4027
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2025
—
Bdr Property Holdings LLC
Motor Burbidge
Warranty Deed
$35,000 · The James And Mary Ann Nelson Famil
Oct 26, 2021
—
James D Nelson
James D Nelson
Intrafamily Transfer
related
—
Aug 23, 2002
—
James G Nelson
Nelson,james G
Quit Claim Deed
related
$153,000 · Hud-1 Funding Group
May 20, 2002
—
Justin Nelson
Jolley,carolyn
Quit Claim Deed
related
$8,500 · Mountain America Cu
Apr 30, 2002
—
Carolyn Jolley
Household Mortgage Svcs
Grant Deed
$121,000 · Sage Capital Corp
Dec 7, 2001
$112,800
Household Mortgage Svcs
Ballesteros,benjamin R
Trustees Deed
related
—
Aug 28, 2000
—
Henry Chandra
Ballesteros,benjamin R
Quit Claim Deed
related
—
Aug 24, 1999
—
Benjamin R Ballesteros
Nielsen,rick L & Brenda G
Grant Deed
$152,000 · Source One Mortgage Svcs Corp
Jul 17, 1997
—
Rick L Nielsen
Lowe,marcus D & Mona S
Grant Deed
$74,900 · Seller
Jul 19, 1996
—
Patricia Meyers
Mcdonald,daryl
Quit Claim Deed
related
—
Dec 14, 1995
—
Marcus Lowe
Lowe,marcus D & Mona S
Quit Claim Deed
related
$74,900 · Washington Mutual Fsb
Sep 20, 1995
—
Marcus D Lowe
Nyman,tage M
Grant Deed
$63,900 · Seller
—
—
James D Nelson
—
Deed Of Trust
related
$149,000 · Jmh Psp
—
—
Marcus D Lowe
—
Deed Of Trust
related
$24,060 · Granite Cu
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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