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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Individual retail properties
1608 3300th S Salt Lake City, UT 84106-3306
Trust Owned
1-yr Hold
~
Est. High Equity
Property ID
US86-0305277
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
2019
Construction
WOOD FRAME
Total area
10,611 SF
Lot
0.5 ac (21,780 SF)
Zoning code
RM
APN
16-28-377-027
UPID
US86-0305277
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
$930k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.13M
Owner & transaction history
The Renza Asset Protection Trust · 1 yrs held
The Renza Asset Protection Trust
since 2025
7 recorded transactions
Zoning & alternative use
RM · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+5.0%
Restaurant
$1.4M
+2.0%
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
$930,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
LAUNDROMAT (SELF-SERVICE)
$1,335,000
Current use
MEDICAL BUILDING
$1,400,000
Change: +5% · Conversion: Difficult
RESTAURANT
$1,360,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,155,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±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
$106 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$33,739
Tax year 2022
Assessed value
$5,241,700
Assessed 2023
Previous assessed
$5,241,700
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$959,600
Assessed improvement
$4,282,100
Land market value
$959,600
Improvement market value
$4,282,100
Total market value
$5,241,700
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
Off-Market
Year built
2019
Construction
WOOD FRAME
Heating
SPACE
Buildings
3
Stories
2
Units
10
Total area
10,611 SF
Lot
0.5 ac (21,780 SF)
Zoning code
RM
APN
16-28-377-027
UPID
US86-0305277
Jurisdiction
SALT LAKE
Zoning & alternative use
RM · Salt Lake City, UT
Zoning RM · permitted uses
RM · 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
LAUNDROMAT (SELF-SERVICE) Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.4M
RESTAURANT
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
LAUNDROMAT (SELF-SERVICE) Current
MEDICAL BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
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
2019
Construction
WOOD FRAME
Heating
SPACE
Stories
2
Buildings
3
Units
10
Lot
0.5 ac
Current owner
From public records · entity-resolved
The Renza Asset Protection Trust
Trust
Mailing address
8338 S SUPERNAL WAY, SALT LAKE CITY, UT 84121-6028
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2025
—
The Renza Asset Protection Trust
Azner Property Management LLC
Warranty Deed
—
Jan 27, 2020
—
Azner Property Management LLC
—
Deed
related
$1,000,000 · Granite FCU
Jul 3, 2018
—
Azner Property Management LLC
—
Deed
related
$1,707,275 · Granite FCU
May 2, 2018
—
Azner Property Management LLC
Rambo Ents LLC
Grant Deed
—
Aug 25, 2006
—
Rambo Ents LLC
Renza,robert & Alison
Grant Deed
$596,308 · Kurfulkin Ltd
Aug 3, 2006
—
Robert Renza
Early Holdings LLC
Warranty Deed
—
Oct 15, 2001
—
Early Holdings LLC
—
Deed Of Trust
related
$5,000,000 · Zions First National Bank
Nov 21, 1996
—
Early Holdings LLC
Early Enterprises
Quit Claim Deed
related
$4,070,000 · Vescor Capital Corp Trustee
—
—
Early Holding LLC
—
Deed Of Trust
related
$300,000 · 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.
Try Rey
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