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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Apartment buildings
150 Main St Salt Lake City, UT 84103-2072
Trust Owned
3-yr Hold
Free & Clear
Property ID
US86-0437976
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1916
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
44,612 SF
Lot
0.8 ac (34,848 SF)
Zoning code
RMF-75
APN
09-31-356-163
UPID
US86-0437976
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
-
The Kimball at Temple Square Hotel & Motel
-
Alfor Affordable Auto Insurance of Salt Lake City Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.21M
Owner & transaction history
Manwaring Living Trust · 3 yrs held
Manwaring Living Trust
since 2023
4 recorded transactions
Zoning & alternative use
RMF-75 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the RMF-75 High Density Multi Family Residential District is to provide an environment suitable for high density multi-family dwellings. This district is appropriate in areas where the applicable Master Plan policies recommend a maximum density less than eighty five dwelling units per acre. This district includes other uses that are typically…
Zone name
High Density Multifamily Residential District
General category
RESIDENTIAL
Zone area
41.47 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 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
$1,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±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
$27 / 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
Assessed value
$6,124,090
Assessed 2023
Previous assessed
$6,124,090
+0.0% YoY
Assessed land
$1,696,890
Assessed improvement
$4,427,200
Land market value
$1,696,890
Improvement market value
$4,427,200
Total market value
$6,124,090
Applied tax rate
13.0000
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
1916
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Stories
4
Units
43
Total area
44,612 SF
Lot
0.8 ac (34,848 SF)
Zoning code
RMF-75
APN
09-31-356-163
UPID
US86-0437976
Jurisdiction
SALT LAKE
Zoning & alternative use
RMF-75 · Salt Lake City, UTZoning RMF-75 · permitted uses
RMF-75 · Salt Lake City, 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 RMF-75 High Density Multi Family Residential District is to provide an environment suitable for high density multi-family dwellings. This district is appropriate in areas where the applicable Master Plan policies recommend a maximum density less than eighty five dwelling units per acre. This district includes other uses that are typically found in a multi family residential neighborhood of this density for the purpose of serving the neighborhood. Such uses are designed to be compatible with the existing scale and intensity of the neighborhood. The standards for the district are intended to provide for safe and comfortable places to live and play, promote sustainable and compatible development patterns and to preserve the existing character of the neighborhood.
Zone name
High Density Multifamily Residential District
General category
RESIDENTIAL
Zone area
41.47 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1916
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
RADIANT
Stories
4
Units
43
Lot
0.8 ac
Current owner
From public records · entity-resolved
Manwaring Living Trust
Trust
Free & Clear · 3 yrs held
Mailing address
1431 S WOODRUFF AVE, IDAHO FALLS, ID 83404-5532
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2023
—
Manwaring Living Trust
Sue Brett Investments INC
Quit Claim Deed
related
—
Oct 11, 2022
—
David M Gann
William R Gann
Intrafamily Transfer
related
—
Apr 22, 2022
—
Michael S Fallon
Rose Mary Wilson
Intrafamily Transfer
related
—
Dec 19, 2017
—
Ruben Gonzalez
Frodsham,d Gary
Quit Claim 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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