Property profile

1716 State St Salt Lake City, UT 84115

OFF-MARKET
Turn key restaurants
Property ID
US86-0031375
11,776 SF 0.58 ac lot Built 1965
Individually Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,776 SF
Lot 0.58 ac (25,265 SF)
Zoning code CC
APN 16-18-302-003
UPID US86-0031375

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Dental Office

Location

1716 State St Salt Lake City, UT 84115-1932
Salt Lake City metro Census 102900 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
$887k
Blend (final) Blend
$675k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2019
Price N/A
2011
Price N/A
2008
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · Salt Lake City, UT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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