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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Motels
176 600th S Salt Lake City, UT 84101-2701
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US86-0397373
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1965
Construction
WOOD FRAME
Total area
9,706 SF
Lot
1.34 ac (58,370 SF)
Zoning code
D-1
APN
15-01-476-006
UPID
US86-0397373
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
-
Motel 6 Salt Lake City, UT - Downtown Hotel & Motel
-
Park Inn by Radisson, Salt Lake City Downtown Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$585k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
M6 Slc Owner LLC · 5 yrs held
M6 Slc Owner LLC
since 2020
6 recorded transactions
Zoning & alternative use
D-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the D-1 Central Business District is to provide for commercial and economic development within Salt Lake City's most urban and intense areas. A broad range of uses, including very high density housing, are intended to foster a twenty four hour activity environment consistent with the area's function as the business, office, retail, entertainme…
Zone name
Central Business District
General category
COMMERCIAL
Zone area
252.09 ac
Source
Realmo
Top alternative use upside
Warehouse, storage
$730,000
+438.5%
Auto repair, garage
$700,000
+416.7%
Commercial (general)
$695,000
+412.8%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$730,000
Change: +439% · Conversion: Difficult
AUTO REPAIR, GARAGE
$700,000
Change: +417% · Conversion: Difficult
COMMERCIAL (GENERAL)
$695,000
Change: +413% · Conversion: Difficult
RESTAURANT
$650,000
Change: +381% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$525,000
Change: +286% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$57 / 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
$52,841
Tax year 2023
Assessed value
$5,345,000
Assessed 2023
Previous assessed
$5,345,000
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$4,902,900
Assessed improvement
$442,100
Land market value
$4,902,900
Improvement market value
$442,100
Total market value
$5,345,000
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1965
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Buildings
5
Stories
2
Units
109
Total area
9,706 SF
Lot
1.34 ac (58,370 SF)
Zoning code
D-1
APN
15-01-476-006
UPID
US86-0397373
Jurisdiction
SALT LAKE
Zoning & alternative use
D-1 · Salt Lake City, UTZoning 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
Zoning description
The purpose of the D-1 Central Business District is to provide for commercial and economic development within Salt Lake City's most urban and intense areas. A broad range of uses, including very high density housing, are intended to foster a twenty four hour activity environment consistent with the area's function as the business, office, retail, entertainment, cultural and tourist center of the region. Development is intended to be very intense with high lot coverage and large buildings that are placed close together while being oriented toward the pedestrian with a strong emphasis on a safe and attractive streetscape and preserving the urban nature of the downtown area. This district is appropriate in areas where supported by applicable master plans. The standards are intended to achieve established objectives for urban design, pedestrian amenities and land use control.
Zone name
Central Business District
General category
COMMERCIAL
Zone area
252.09 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$700,000
COMMERCIAL (GENERAL)
Est. value
$695,000
RESTAURANT
Est. value
$650,000
INDUSTRIAL (GENERAL)
Est. value
$525,000
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
INDUSTRIAL (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
1965
Construction
WOOD FRAME
Heating
FLOOR/WALL FURNACE
Stories
2
Buildings
5
Units
109
Lot
1.34 ac
Current owner
From public records · entity-resolved
M6 Slc Owner LLC
Entity
Mailing address
1441 UTE BLVD, PARK CITY, UT 84098-7630
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2020
—
M6 Slc Owner LLC
Salt Lake Guest LLC
Grant Deed
$2,665,000 · Dynasty Peter D S 2012 Tr (it)
Oct 22, 2020
—
Salt Lake Guest LLC
G6 Hospitality Property LLC
Grant Deed
—
Sep 18, 2017
—
G6 Hospitality Property LLC
—
Loan Modification
related
$2,075,000,000 · Jp Morgan Chase Bk
Aug 10, 2017
—
G6 Hospitality Property LLC
—
Deed
related
$2,010,000 · Jpmorgan Chase Bank NA
Oct 26, 2012
—
G6 Hospitality Property LLC
Motel 6 Operating LP
Trustees Deed
$1,050,000,000 · Jp Morgan Chase Bk
Nov 18, 2011
—
Motel 6 Operating LP
M-six Vi Business Trust
Grant Deed
—
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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