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Property profile & analytics
OFF-MARKET
Estimated value
$545,000
Medical Office Space
1345 3900th S, Salt Lake City, UT 84124-1474
Individually Owned
1-yr Hold
Free & Clear
Property ID
US86-0354696
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1975
Construction
WOOD FRAME
Total area
10,624 SF
Lot
1.6 ac (69,696 SF)
Zoning code
RM
APN
16-33-305-001
UPID
US86-0354696
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
-
Funk K C DDS Dental Office
-
Legacy Dental Dental Office
-
Awaken and Bloom Medical Clinic Alternative Medicine Practice
-
Giauque Kent a DDS Dental Office
-
Giauque & Giauque Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$330k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$757k
Blend (final)
Blend
$545k
Owner & transaction history
Steven D Carpenter · 1 yrs held
Steven D Carpenter
since 2025
7 recorded transactions
Zoning & alternative use
RM · 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
$330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$545k
Range $491k – $600k · ±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
$51 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$2,000
Assessed 2023
Previous assessed
$2,000
+0.0% YoY
Assessed land
$500
Assessed improvement
$1,500
Land market value
$500
Improvement market value
$1,500
Total market value
$2,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1975
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Buildings
3
Stories
2
Total area
10,624 SF
Lot
1.6 ac (69,696 SF)
Zoning code
RM
APN
16-33-305-001
UPID
US86-0354696
Jurisdiction
SALT LAKE
Zoning & alternative use
RM · Salt Lake City, UT
Zoning RM · permitted uses
RM · 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
1975
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Lot
1.6 ac
Current owner
From public records · entity-resolved
Steven D Carpenter
Individual
Free & Clear · 1 yrs held
Mailing address
487 E EDINDREW CIR, SALT LAKE CITY, UT 84107-6626
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2025
—
Garling Properties LLC
—
Deed
related
$300,500 · D L Evans Bank
May 19, 2025
—
Steven D Carpenter
Steven D Carpenter
Deed
related
—
Jul 10, 2024
—
Augufla Hiveshnents LLC
Augusta Investments LLC
Warranty Deed
$285,000 · Bank Of Utah
Apr 12, 2024
—
Augusta Investments LLC
Dbcc Brown Family Properties LLC
Warranty Deed
—
Apr 11, 2024
—
Augusta Investments LLC
John R Conner
Warranty Deed
—
Dec 30, 2022
—
Garling Properties LLC
—
Deed
related
$77,200 · D L Evans Bank
Aug 18, 2022
—
John R Conner
—
Deed
related
$50,000 · Utah Microenterprise Loan Fund LLC
Jul 28, 2022
—
Tag Team Tandem LLC
Keith Sonntag
Special Warranty Deed
—
Jul 1, 2022
—
Oblad Dental Property One LLC
Hal G Pollock
Special Warranty Deed
$265,000 · Hal G Pollock Etal
Jun 30, 2022
—
Hal G Pollock
Scp Investment Company
Quitclaim Deed
related
—
Dec 10, 2021
—
Keith Sonntag
Bcj Properties LLC
Warranty Deed
—
May 10, 2021
—
1345 East Holdings LLC
Pff Properties LLC
Warranty Deed
—
May 3, 2021
—
Pff Properties LLC
K Christopher Funk
Quitclaim Deed
related
—
Mar 23, 2021
—
Freedom 17 LLC
Rolin Enterprises LLC
Warranty Deed
$270,000 · Central Bank
Nov 17, 2020
—
Najmeh Hourmanesh
Donna M Crawley
Warranty Deed
—
Dec 19, 2019
—
Donna M Crawley
Diane W Adams
Warranty Deed
—
Jun 17, 2019
—
Garling Properties LLC
—
Deed
related
$187,500 · D L Evans Bank
Apr 5, 2019
—
Wasatch Sleep Health Center INC
Pops Investment Co LLC
Warranty Deed
$158,000 · Zb NA
Sep 4, 2018
—
Jill Goorman Holdings LLC
Hope Family Medical Center LLC
Warranty Deed
$163,500 · Mountain America FCU
Jul 23, 2018
—
Garling Properties LLC
Garling,adam
Quitclaim Deed
related
—
Jun 1, 2018
—
Adam Garling
Richard H Odell
Warranty Deed
$210,000 · Properties LLC
Jan 23, 2017
—
Steven D Carpenter
Carpenter,christine V
Quitclaim 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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