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Property profile & analytics
OFF-MARKET
Commercial land
156 Gregson Ave, South Salt Lake, UT 84115-3702
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US86-0023636
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.49 ac (21,344 SF)
Zoning code
C-B
APN
15-25-277-014
UPID
US86-0023636
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
D&a 156 W Gregson Ave LLC · 1 yrs held
D&a 156 W Gregson Ave LLC
since 2025
6 recorded transactions
Zoning & alternative use
C-B · South Salt Lake, 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 South Salt Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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
$3,762
Tax year 2023
Assessed value
$321,300
Assessed 2023
Previous assessed
$321,300
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$321,300
Land market value
$321,300
Total market value
$321,300
Applied tax rate
14.0000
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.49 ac (21,344 SF)
Zoning code
C-B
APN
15-25-277-014
UPID
US86-0023636
Jurisdiction
SALT LAKE
Zoning & alternative use
C-B · South Salt Lake, UT
Zoning C-B · permitted uses
C-B · South Salt Lake, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Salt Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.49 ac
Current owner
From public records · entity-resolved
D&a 156 W Gregson Ave LLC
Entity
Mailing address
1465 E HARVARD AVE, SALT LAKE CITY, UT 84105-1917
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2025
—
D&a 156 W Gregson Ave LLC
D&a 156 W Gregson Ave LLC
Deed
related
$2,136,228 · Zb NA
Oct 30, 2023
—
D&a 156 Gregson Ave LLC
D&a 2550 South 2570 West LLC
Intrafamily Transfer
related
—
Sep 15, 2023
—
D&a 2550 South 2570 West LLC
Byron J Little
Warranty Deed
—
Dec 4, 2007
—
Byron J Little
Little,byron J
Quit Claim Deed
$214,650 · Robert & Cindy Huerta
Apr 16, 2007
—
Robert Huerta
Huerta,cindy
Quit Claim Deed
$120,000 · Citywide Home Loans
—
—
Byron J Little
—
Deed Of Trust
related
$204,994 · Zions First National Bank
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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