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Property profile & analytics
OFF-MARKET
Estimated value
$270,000
Retail residential properties
1795 Lk St Salt Lake City, UT 84105-3160
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US86-0065218
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1963
Construction
WOOD FRAME
Total area
3,584 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R17000
APN
16-17-308-027
UPID
US86-0065218
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
-
Rheem Air Conditioning Division Hardware & Home Improvement HVAC Service
-
Rocky Mountain Heating Rebates HVAC Service General Contractor
-
North Star Water Softener Services Department Store
-
Kenmore AAA Water Softener Water Utility Company
-
Whirlpool Heating & AC Cntrtr Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
Eric N Phillips · 15 yrs held
Eric N Phillips
since 2010
5 recorded transactions
Zoning & alternative use
R17000 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$270k
Range $243k – $297k · ±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
$75 / 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
$4,871
Tax year 2023
Assessed value
$895,800
Assessed 2023
Previous assessed
$895,800
+0.0% YoY
Effective rate
0.54%
On assessed value
Assessed land
$553,900
Assessed improvement
$341,900
Land market value
$553,900
Improvement market value
$341,900
Total market value
$895,800
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1963
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
EVAPORATIVE
Stories
2
Units
4
Total area
3,584 SF
Lot
0.23 ac (10,019 SF)
Zoning code
R17000
APN
16-17-308-027
UPID
US86-0065218
Jurisdiction
SALT LAKE
Zoning & alternative use
R17000 · Salt Lake City, UTZoning R17000 · permitted uses
R17000 · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1963
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
Eric N Phillips
Individual
Mailing address
1752 S 800TH E, SALT LAKE CITY, UT 84105-3102
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2010
—
Eric N Phillips
Hailes,stephen R
Warranty Deed
$283,186 · M & T Bank
Jun 14, 2001
—
Stephen R Hailes
Arnold,audra E
Grant Deed
$169,500 · Old Kent Mortgage Co
May 26, 1995
—
Audra E Arnold
Hill,brian
Grant Deed
$120,000 · Washington Mutual Fsb
—
—
Stephen R Hailes
—
Deed Of Trust
related
$270,000 · United Financial Mortgage Corp
—
—
Audra E Arnold
—
Deed Of Trust
related
$160,000 · Washington Mutual Fsb
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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