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Property profile & analytics
OFF-MARKET
Commercial real estate
145 Hwy 89 North Salt Lake, UT 84054-2432
Trust Owned
20-yr Hold
Free & Clear
Property ID
US86-0604846
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1938
Total area
938 SF
Lot
0.46 ac (20,038 SF)
Zoning code
CH
APN
01-047-0176
UPID
US86-0604846
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cef Trust · 20 yrs held
Cef Trust
since 2006
7 recorded transactions
Zoning & alternative use
CH · North Salt Lake, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the highway commercial C-H zoning district is to encourage a mixture of uses supporting all modes of transportation utilizing Highway 89, including, but not limited to, pedestrians, cyclists, public transit, and vehicular traffic
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
55.26 ac
Source
Realmo
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 North Salt Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Salt Lake 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,104
Tax year 2023
Assessed value
$115,719
Assessed 2023
Previous assessed
$115,719
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$115,719
Land market value
$210,399
Total market value
$210,399
Applied tax rate
344.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1938
Heating
NONE
Total area
938 SF
Lot
0.46 ac (20,038 SF)
Zoning code
CH
APN
01-047-0176
UPID
US86-0604846
Jurisdiction
DAVIS
Zoning & alternative use
CH · North Salt Lake, UTZoning CH · permitted uses
CH · North Salt Lake, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the highway commercial C-H zoning district is to encourage a mixture of uses supporting all modes of transportation utilizing Highway 89, including, but not limited to, pedestrians, cyclists, public transit, and vehicular traffic
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
55.26 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1938
Heating
NONE
Lot
0.46 ac
Current owner
From public records · entity-resolved
Cef Trust
Trust
Free & Clear · 20 yrs held
Mailing address
644 EAGLE PASS, NORTH SALT LAKE, UT 84054-2599
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2006
—
Cef Trust
Glesch,gian L
Quit Claim Deed
related
—
Jun 15, 2006
—
Gian L Glesch
Glesch,gian & Angel
Quit Claim Deed
related
—
Jan 3, 2006
—
Angel Feichko
Trt Holdings LLC
Warranty Deed
$120,000 · America First Cu
Sep 29, 2004
—
Trt Holdings LLC
Harker,jack A & Mary K
Quit Claim Deed
related
—
Apr 6, 2004
—
Harker Jack A Trust
Harker,robert E & Margaret
Quit Claim Deed
related
$60,000 · Harker Trust
—
—
Trt Holdings LLC
—
Deed Of Trust
related
$90,000 · Wesierra Properties LLC
—
—
Trt Holdings LLC
—
Deed Of Trust
related
$35,000 · 4060 Passive Income Trust (tr)
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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