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Property profile & analytics
OFF-MARKET
Estimated value
$385,000
Specialty properties
1102 400th N Salt Lake City, UT 84116-2608
Entity Owned
5-yr Hold
Free & Clear
Property ID
US86-0234114
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1942
Total area
9,356 SF
Lot
0.8 ac (34,848 SF)
Zoning code
1107
APN
08-35-177-021
UPID
US86-0234114
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
-
New Hope Neighborhood Center Nightclub DJ & Entertainment
-
Earth Community Garden & Food Pantry Charitable Organization Social Service Agency
-
Historic Fair Park Meeting House Hotel & Motel Resort
-
Wright Mind Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$385k
Owner & transaction history
Fair Park Meeting House LLC · 5 yrs held
Fair Park Meeting House LLC
since 2021
5 recorded transactions
Zoning & alternative use
1107 · 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
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$385k
Range $347k – $424k · ±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
$41 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$19,247
Tax year 2023
Assessed value
$1,946,900
Assessed 2023
Previous assessed
$1,946,900
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$271,400
Assessed improvement
$1,675,500
Land market value
$271,400
Improvement market value
$1,675,500
Total market value
$1,946,900
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1942
Heating
FORCED AIR
Stories
1
Total area
9,356 SF
Lot
0.8 ac (34,848 SF)
Zoning code
1107
APN
08-35-177-021
UPID
US86-0234114
Jurisdiction
SALT LAKE
Zoning & alternative use
1107 · Salt Lake City, UTZoning 1107 · permitted uses
1107 · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1942
Heating
FORCED AIR
Stories
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Fair Park Meeting House LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2856 WOOD HOLW WAY, BOUNTIFUL, UT 84010-1238
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2021
—
Fair Park Meeting House LLC
Wright Mind LLC
Warranty Deed
—
Mar 25, 2021
—
Wright Mind LLC
Wright Mind LLC
Intrafamily Transfer
related
—
Aug 17, 2020
—
Wright Mind LLC
Wright Mind LLC
Quit Claim Deed
related
$153,000 · Fairbrook Exeter I LLC
Nov 24, 2008
—
Salt Lake City Corp
Adams,otis & Sandra
Quit Claim Deed
related
—
Jan 8, 2007
—
Salt Lake City Corp
Corporation Of Presiding Bishop/c
Quit Claim Deed
related
—
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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