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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Strip malls
1423 300th W, Salt Lake City, UT 84115-5103
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US86-0306926
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,842 SF
Lot
0.69 ac (30,056 SF)
Zoning code
CG
APN
15-13-208-002
UPID
US86-0306926
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
-
African Star Market African Goods Store
-
1st Choice Money Center Loan Service
-
Liberty Tax Service Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$655k
Owner & transaction history
Jammmy Investments LLC · 10 yrs held
Jammmy Investments LLC
since 2016
7 recorded transactions
Zoning & alternative use
CG · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+42.5%
Medical building
$1.0M
+36.7%
Commercial (general)
$940,000
+24.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$755,000
Current use
RESTAURANT
$1,080,000
Change: +43% · Conversion: Difficult
MEDICAL BUILDING
$1,035,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$940,000
Change: +24% · Conversion: Easy
RETAIL STORES
$920,000
Change: +21% · Conversion: Easy
AUTO REPAIR, GARAGE
$655,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$84 / 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
$16,546
Tax year 2023
Assessed value
$1,673,700
Assessed 2023
Previous assessed
$1,673,700
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$863,000
Assessed improvement
$810,700
Land market value
$863,000
Improvement market value
$810,700
Total market value
$1,673,700
Applied tax rate
1.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
7
Total area
7,842 SF
Lot
0.69 ac (30,056 SF)
Zoning code
CG
APN
15-13-208-002
UPID
US86-0306926
Jurisdiction
SALT LAKE
Zoning & alternative use
CG · Salt Lake City, UT
Zoning CG · permitted uses
CG · 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
$755,000
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$940,000
RETAIL STORES
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$655,000
NEIGHBORHOOD: SHOPPING CENTER Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
AUTO REPAIR, GARAGE
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
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
7
Lot
0.69 ac
Current owner
From public records · entity-resolved
Jammmy Investments LLC
Entity
Mailing address
563 W 500TH S STE #260, BOUNTIFUL, UT 84010-8197
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2019
—
Jammy Investments LLC
—
Deed
related
$998,000 · Wells Fargo Bank NA
Feb 11, 2016
—
Jammmy Investments LLC
Richard John Yano
Special Warranty Deed
$1,090,477 · Wells Fargo Bank NA
Jul 14, 2015
—
Richard John Yano
Cjo Holdings LLC
Special Warranty Deed
—
Jul 11, 2014
—
Cjo Holdings LLC
Cre Ct 21 Other LLC
Special Warranty Deed
$1,280,000 · Wells Fargo Bank NA
Jul 2, 2013
$1,803,000
Cre Ct 21 Other LLC
Torkelson Daniel J
Trustees Deed
related
—
Dec 22, 2004
—
Ditolla Dev LLC
Ditolla Dev LLC
Quit Claim Deed
related
$1,410,000 · Frontier Bank Fsb
Aug 23, 2004
—
Ditolla Dev LLC
Ditolla Dev LLC
Quit Claim Deed
related
—
Aug 4, 2004
—
Ditolla Dev LLC
Karren,duane C
Grant Deed
$715,000 · Frontier Bank Fsb
—
—
Cjo Holdings LLC
—
Deed Of Trust
related
$200,000 · Rock Canyon Bk
—
—
Cjo Holdings LLC
—
Loan Modification
related
$400,000 · Rock Canyon Bk
—
—
Klk Investment LLC
—
Deed Of Trust
related
$251,156 · Roberta M Karren
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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