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    1186 Main St Salt Lake City, UT 84101-3114

    Located in Salt Lake City's Ballpark District, 1186 S. Main Street is a commercial building that features renovations. The building encompasses 7,865 square feet and was upgraded from an office to an event space. It is situated on a 0.18-acre lot and was previously used as an event space. The property is located inside a qualified growth corridor.
    • Retail space
    • 7,560 SF
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Last Sale
    Jun 03, 2024
    Location Intelligence
    Property ID
    US86-0549546
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Salt Lake City Hospitality Center / Hostel

    Property Details for 1186 Main St

    Year built
    1946
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.18 lot acres
    Property size
    7,560 SF
    Zone code
    CC
    Property type
    Retail space
    APN
    15-12-479-010
    APU
    1512479010

    Property Overview

    Located in Salt Lake City's Ballpark District, 1186 S. Main Street is a commercial building that features renovations. The building encompasses 7,865 square feet and was upgraded from an office to an event space. It is situated on a 0.18-acre lot and was previously used as an event space. The property is located inside a qualified growth corridor.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.892
    Latitude
    40.7431
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,700
    $339,300
    $678,600
    $1,017,900
    -
    $339,300
    $678,600
    $1,017,900

    Comparable in this City

    • Value Estimation by Request
      0.12 Acres

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      0.17 Acres

      62 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
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    • Value Estimation by Request
      16,320 SF

      357 200th S

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    • Value Estimation by Request
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      400 200th S

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    • Value Estimation by Request
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      351 400th S

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    • Value Estimation by Request
      127,825 SF

      345 100th S

      RETAIL STORES (PERSONAL SERVICES) • 127,825 SF
      345 100th S, Salt Lake City, UT 84101-1209
      View Details

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    1186 Main St
    Salt Lake City, UT 84101-3114
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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