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    Property profile & analytics

    1499 State St Salt Lake City, UT 84115-5423

    • Drive through restaurants
    • 2,604 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 29, 2023
    Location Intelligence
    Property ID
    US86-0063781
    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

    • Beto’s Mexican Food / Mexican Restaurant

    Property Details for 1499 State St

    Year built
    1968
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.34 lot acres
    Property size
    2,604 SF
    Zone code
    CC
    Property type
    Drive through restaurants
    APN
    16-18-106-004
    APU
    1618106004

    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
    -111.888
    Latitude
    40.737
    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
    2023
    $977
    $505,400
    $397,200
    $902,600
    -
    $505,400
    $397,200
    $902,600

    Comparable in this City

    • Value Estimation by Request
      5,260 SF

      3270 State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,260 SF
      3270 State St, South Salt Lake, UT 84115-3836
      View Details
    • Value Estimation by Request
      2,249 SF

      1650 State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,249 SF
      1650 State St, Salt Lake City, UT 84115-1906
      View Details
    • Value Estimation by Request
      2,250 SF

      2233 State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,250 SF
      2233 State St, South Salt Lake, UT 84115-2752
      View Details
    • Value Estimation by Request
      5,131 SF

      1533 State St

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,131 SF
      1533 State St, Salt Lake City, UT 84115-1610
      View Details
    • Value Estimation by Request
      3,311 SF

      235 3300th S

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,311 SF
      235 3300th S, South Salt Lake, UT 84115-3903
      View Details
    • Value Estimation by Request
      2,530 SF

      20 3300th S

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,530 SF
      20 3300th S, South Salt Lake, UT 84115-3712
      View Details

    Similar Nearby for Sale

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      South Salt Lake Restaurant/Warehouse

      Prime Retail Investment Opportunity in Utah
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      Prime South Salt Lake Retail Space

      Vacant 3,250 SF Retail Building, 0.82 Acres
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      5,800 SF

      Corner Lot Restaurant Opportunity

      Restaurant on corner lot with FF&E included for sale.
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    • $1,900,000
      6,574 SF

      Main Street Retail/Warehouse/Office Building

      Versatile building with retail, warehouse, and office space.
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    • $550,000
      2,235 SF

      Salt Lake City Flex Retail

      2,235 SF flex retail building with value-add opportunity.
      3325 S Sue St, Salt Lake City, UT 84115
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    • $50,000
      0.05 Acres

      Established Car Business For Sale

      Established car business for sale in a desirable location.
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    Similar Nearby for Lease

    • Contact for pricing
      2,192 SF

      End Cap Drive-Thru Space

      2,192 SF end cap drive-thru space available for rent.
      3530-3540 S State St, Salt Lake City, UT 84115
      View Details
    • $2,250,000
      35,719 SF

      Salt Lake City Commercial Property

      Commercial property with drive-through in growing Salt Lake City location.
      2714 S 300 W, Salt Lake City, UT 84115
      View Details
    • $26 SF/Yr
      50,000 SF

      One Burton Retail: Prime Space

      Downtown Salt Lake Retail Opportunity: 7,100 SF Available
      1 Burton Ave, South Salt Lake, UT 84115
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    • Contact for pricing
      74,052 SF

      South Salt Lake Retail Pads

      Prime Retail Land, Ground Lease Opportunity
      217 3300, South Salt Lake, UT 84115
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    • Contact for pricing
      26,792 SF

      Revitalized Industrial Retail Opportunity

      Modern industrial retail space suitable for hospitality, retail, and creative office.
      1388 South West Ct West, Salt Lake City, UT 84115
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    • $24 SF/Yr
      7,100 SF

      Prime Retail Space Available

      Hard corner retail space in thriving downtown South Salt Lake.
      1 West Burton Ave, Salt Lake City, UT 84115
      View Details
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    1499 State St
    Salt Lake City, UT 84115-5423
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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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