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Property profile & analytics
FOR SALE
Retail residential properties
116 B St Salt Lake City, UT 84103
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US86-1493727
For Sale
1 / 56
$1,200,000
116 B St, Salt Lake City, UT 84103
View Listing →
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1891
Construction
WOOD FRAME
Total area
3,501 SF
Lot
0.17 ac (7,405 SF)
Zoning code
RMF-35
APN
09-31-451-005
UPID
US86-1493727
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
Sunnywale Investments LLC · 3 yrs held
Sunnywale Investments LLC
since 2022
7 recorded transactions
Zoning & alternative use
RMF-35 · 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
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
$5,988
Tax year 2023
Assessed value
$1,101,200
Assessed 2023
Previous assessed
$1,101,200
+0.0% YoY
Effective rate
0.54%
On assessed value
Assessed land
$563,300
Assessed improvement
$537,900
Land market value
$563,300
Improvement market value
$537,900
Total market value
$1,101,200
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
For Sale
Year built
1891
Construction
WOOD FRAME
Heating
HOT WATER
Buildings
2
Stories
1
Units
1
Rooms
18
Bathrooms
4
Total area
3,501 SF
Lot
0.17 ac (7,405 SF)
Zoning code
RMF-35
APN
09-31-451-005
UPID
US86-1493727
Jurisdiction
SALT LAKE
Zoning & alternative use
RMF-35 · Salt Lake City, UT
Zoning RMF-35 · permitted uses
RMF-35 · 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.
Building & site characteristics
From public records
Year built
1891
Construction
WOOD FRAME
Heating
HOT WATER
Stories
1
Buildings
2
Units
1
Rooms
18
Bathrooms
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
Sunnywale Investments LLC
Entity
Mailing address
136 W CTR ST, CEDAR CITY, UT 84720-2560
Ownership since
2022
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
Jul 27, 2022
—
Sunnywale Investments LLC
Sunnyvale Leavitt LLC
Special Warranty Deed
$675,000 · Zb NA
May 11, 2022
—
Sunnyvale Leavitt LLC
Victor Bit Shing Sun
Warranty Deed
—
Mar 27, 2015
—
Sun,victor B S & N B Trust 2014
Sun Victor B S & Nhale B
Quit Claim Deed
related
—
Aug 15, 2011
—
Victor B S Sun
Bullard,francesca
Warranty Deed
—
Nov 1, 2005
—
David Bullard
Geoffery G Call
Warranty Deed
$352,000 · Greenpoint Mortgage Funding INC
Oct 20, 2004
—
Geoffery G Call
Call,gordon E & Geoffery G
Quit Claim Deed
related
—
Sep 1, 2004
—
Gordon E Call
Warren,scott C
Warranty Deed
related
—
Jul 19, 2004
—
Scott C Warren
Hart,ann
Quit Claim Deed
related
—
—
—
Scott C Warren
—
Deed Of Trust
related
$170,500 · Accu Mortgage Corp
—
—
Gordon E Call
—
Deed Of Trust
related
$260,000 · America's Wholesale Lender
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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