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Property profile & analytics
FOR LEASE
Investment properties
175 W Temple, Salt Lake City, UT 84101
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US86-0028801
For Lease
1 / 14
$7,485,000
175 W Temple, Salt Lake City, UT 84101
View Listing →
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1980
Construction
CONCRETE
Total area
255,516 SF
Lot
0.86 ac (37,462 SF)
Zoning code
D-1
APN
15-01-229-071
UPID
US86-0028801
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.49M
Owner & transaction history
Bvref LLC · 5 yrs held
Bvref LLC
since 2020
7 recorded transactions
Zoning & alternative use
D-1 · Salt Lake City, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$29 / 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
Tax billed
$350,940
Tax year 2023
Assessed value
$35,498,700
Assessed 2023
Previous assessed
$35,498,700
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$3,674,600
Assessed improvement
$31,824,100
Land market value
$3,674,600
Improvement market value
$31,824,100
Total market value
$35,498,700
Applied tax rate
1.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
239
Total area
255,516 SF
Lot
0.86 ac (37,462 SF)
Zoning code
D-1
APN
15-01-229-071
UPID
US86-0028801
Jurisdiction
SALT LAKE
Zoning & alternative use
D-1 · Salt Lake City, UT
Zoning D-1 · permitted uses
D-1 · 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.
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
239
Lot
0.86 ac
Current owner
From public records · entity-resolved
Bvref LLC
Entity
Mailing address
1144 S PO BOX 51298TH WAY, IDAHO FALLS, ID 83405-1298
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2022
—
Bvref 175 LLC
—
Deed
related
$5,000,000 · Washington Federal Bank
Jul 27, 2020
—
Bvref LLC
175 Swt LLC
Special Warranty Deed
$21,500,000 · Washington Federal NA
Jul 9, 2015
—
175 Swt LLC
Dm Temple I LLC
Grant Deed
$15,500,000 · Miscellaneous Ins Co
Dec 29, 2014
—
Dm Temple I LLC
Dwto LLC
Grant Deed
—
Nov 28, 2012
—
Igto LLC
Dm Temple LLC
Warranty Deed
—
Sep 1, 2006
—
Dm Temple LLC
Westland Pacific LLC
Warranty Deed
$12,000,000 · Thrivent Financial For Lutherans
—
—
Dm Temple LLC
—
Deed Of Trust
related
$15,000,000 · Thrivent Financial For Luthera
—
—
Dm Temple LLC
—
Deed Of Trust
related
$3,000,000 · Thrivent Financial For Luthera
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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