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Property profile & analytics
OFF-MARKET
Estimated value
$2,345,000
Specialty properties
1810 Main St Salt Lake City, UT 84115-2041
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-0569326
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1963
Construction
CONCRETE
Total area
134,572 SF
Lot
3.12 ac (135,907 SF)
Zoning code
RMF45
APN
15-13-432-001
UPID
US86-0569326
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
-
Towers on Main Apartment Building
-
Penny Ann's Cafe Restaurant
-
Dogs R Us Dog Walker
-
The Millennial Dawn Tech Support Center (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.35M
Owner & transaction history
Towers 1810 Main LLC · 4 yrs held
Towers 1810 Main LLC
since 2021
4 recorded transactions
Zoning & alternative use
RMF45 · 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
$17 / 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
Assessed value
$26,888,180
Assessed 2023
Previous assessed
$22,392,780
+20.1% YoY
Assessed land
$5,263,390
Assessed improvement
$21,624,790
Land market value
$5,263,390
Improvement market value
$21,624,790
Total market value
$26,888,180
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1963
Construction
CONCRETE
Heating
SPACE
Buildings
5
Stories
1
Units
2
Total area
134,572 SF
Lot
3.12 ac (135,907 SF)
Zoning code
RMF45
APN
15-13-432-001
UPID
US86-0569326
Jurisdiction
SALT LAKE
Zoning & alternative use
RMF45 · Salt Lake City, UT
Zoning RMF45 · permitted uses
RMF45 · 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
1963
Construction
CONCRETE
Heating
SPACE
Stories
1
Buildings
5
Units
2
Lot
3.12 ac
Current owner
From public records · entity-resolved
Towers 1810 Main LLC
Entity
Mailing address
407 W COVELL RD, EDMOND, OK 73003-2345
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
—
Towers 1810 Main LLC
Pac 1810 Main LP
Special Warranty Deed
$23,860,000 · Berkadia Commercial Mortgage LLC
Aug 17, 2018
—
Pac-1810 Main LP
Terrace Apts Salt Lk LLC
Trustees Deed
$14,400,000 · Berkadia Com'l Mtg
Oct 17, 2014
—
Terrace Apartments Salt Lake City L
Terrace Apartments Utah LLC
Special Warranty Deed
$8,523,800 · Americanwest Bank
—
—
Wiener Terrace LLC
—
Deed Of Trust
related
$6,580,000 · General Electric Capital Corp
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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