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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Apartment buildings
1255 5600th S, Murray, UT 84121-1031
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US86-0348356
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1968
Construction
WOOD FRAME
Total area
5,760 SF
Lot
0.46 ac (20,038 SF)
Zoning code
RM10
APN
22-17-232-030
UPID
US86-0348356
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
$1.10M
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.29M
Owner & transaction history
Lt No 37 Prop LLC Series 1 Ona · 6 yrs held
Lt No 37 Prop LLC Series 1 Ona
since 2020
7 recorded transactions
Zoning & alternative use
RM10 · Murray, 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 Murray submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murray 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±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
$224 / 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
$3,550
Tax year 2023
Assessed value
$1,522,600
Assessed 2023
Previous assessed
$1,522,600
+0.0% YoY
Effective rate
0.23%
On assessed value
Assessed land
$878,500
Assessed improvement
$644,100
Land market value
$878,500
Improvement market value
$644,100
Total market value
$1,522,600
Applied tax rate
21.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1968
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
5,760 SF
Lot
0.46 ac (20,038 SF)
Zoning code
RM10
APN
22-17-232-030
UPID
US86-0348356
Jurisdiction
SALT LAKE
Zoning & alternative use
RM10 · Murray, UT
Zoning RM10 · permitted uses
RM10 · Murray, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murray. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Lt No 37 Prop LLC Series 1 Ona
Entity
Mailing address
2048 E CRYSTAL AVE, SALT LAKE CITY, UT 84109-1705
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2020
—
Lt No 37 Prop LLC Series 1 Ona
Mnmb Trust
Grant Deed
—
Oct 18, 2019
—
Mnmb Trust
Lt No37 Properties LLC
Warranty Deed
—
May 15, 2017
—
Lt 37 Properties LLC
Lot 31 Trust
Quit Claim Deed
related
—
Nov 18, 2016
—
Lot 31 Trust
33 Holdings LLC
Warranty Deed
—
Feb 25, 2014
—
33 Holdings LLC
D & E Properties INC
Warranty Deed
—
Oct 28, 2011
—
D & E Properties INC
Phung,thomas T
Warranty Deed
$190,000 · Zions First National Bank
Oct 29, 2010
—
D & E Properties INC
Phung,thomas T
Quit Claim Deed
related
—
Jan 30, 2007
—
Thomas T Phung
Phung,thomas T
Quit Claim Deed
related
$250,000 · First Community Bank
Aug 3, 2001
—
Kenny K Phung
Yee,curtis
Grant Deed
$188,000 · Curtis
—
—
33 Holdings LLC
—
Deed Of Trust
related
$379,440 · Blackstone Cap LLC
—
—
33 Holdings LLC
—
Deed Of Trust
related
$92,000 · D&e Properties INC
—
—
33 Holdings
—
Deed Of Trust
related
$553,087 · Ira Z066573
—
—
D & E Properties INC
—
Deed Of Trust
related
$60,000 · Zions First National Bank
—
—
Curtis Yee
—
Deed Of Trust
related
$70,000 · Prm Investment Co
—
—
Curtis Yee
—
Deed Of Trust
related
$150,000 · Prm Investment Co
—
—
33 Holdings LLC
—
Deed Of Trust
related
$8,500,000 · Red Bridge Cap II
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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