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Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Community centers
1166 Brickyard Rd, Salt Lake City, UT 84106-2555
Entity Owned
13-yr Hold
Free & Clear
Property ID
US86-0447888
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
69,393 SF
Lot
2.69 ac (117,176 SF)
Zoning code
CS
APN
16-29-427-038
UPID
US86-0447888
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
-
Youthlinc Charitable Organization Social Service Agency
-
SMITH KILN CHIMNEY Industrial Manufacturer Production Facility
-
Brickyard Tower Resort
-
Gim vasa Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.00M
Blend (final)
Blend
$2.28M
Owner & transaction history
Yacoel 2011 Partners LP · 13 yrs held
Yacoel 2011 Partners LP
since 2012
6 recorded transactions
Zoning & alternative use
CS · 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
$1,545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,450,000
Current use
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±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
$33 / 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
$125,084
Tax year 2023
Assessed value
$12,421,400
Assessed 2023
Previous assessed
$12,421,400
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$1,968,600
Assessed improvement
$10,452,800
Land market value
$1,968,600
Improvement market value
$10,452,800
Total market value
$12,421,400
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
5
Stories
1
Units
2
Total area
69,393 SF
Lot
2.69 ac (117,176 SF)
Zoning code
CS
APN
16-29-427-038
UPID
US86-0447888
Jurisdiction
SALT LAKE
Zoning & alternative use
CS · Salt Lake City, UT
Zoning CS · permitted uses
CS · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.5M
NEIGHBORHOOD: SHOPPING CENTER 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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Units
2
Lot
2.69 ac
Current owner
From public records · entity-resolved
Yacoel 2011 Partners LP
Entity
Free & Clear · 13 yrs held
Mailing address
2801 W COAST HWY STE #380, NEWPORT BEACH, CA 92663-4051
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2012
—
Yacoel 2011 Partners LP
Boyer Of Jt Brickyard Lc
Grant Deed
—
Oct 28, 2005
—
Boyer Of Jt Brickyard Lc
Jt Chimney Associates Lc
Grant Deed
$16,500,000 · Nationwide Life Insurance Co
Apr 27, 2001
—
Chimney Ridge Lc
Bc-brickyard Associates Ltd
Grant Deed
related
—
—
—
Yacoel 2011 Partners LP
—
Loan Modification
related
$16,500,000 · Nationwide Life Insurance Co
—
—
Yacoel 2011 Partners LP
—
Deed Of Trust
related
$23,500,000 · Miscellaneous Ins Co
—
—
Yacoel 2011 Partners LP
—
Deed Of Trust
related
$16,500,000 · Nationwide Life Insurance 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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