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Property profile & analytics
OFF-MARKET
Estimated value
$320,000
Retail residential properties
1932 900th E Salt Lake City, UT 84105-3267
Individually Owned
4-yr Hold
Property ID
US86-0069346
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1901
Construction
WOOD FRAME
Total area
3,706 SF
Lot
0.23 ac (10,019 SF)
Zoning code
1205
APN
16-17-377-033
UPID
US86-0069346
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
$320k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$320k
Owner & transaction history
Richard Leo Pasmann · 4 yrs held
Richard Leo Pasmann
since 2021
7 recorded transactions
Zoning & alternative use
1205 · 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
$320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$320k
Range $288k – $352k · ±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
$86 / 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
$4,707
Tax year 2023
Assessed value
$865,700
Assessed 2023
Previous assessed
$865,700
+0.0% YoY
Effective rate
0.54%
On assessed value
Assessed land
$553,900
Assessed improvement
$311,800
Land market value
$553,900
Improvement market value
$311,800
Total market value
$865,700
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
1901
Construction
WOOD FRAME
Heating
HOT WATER
Stories
1
Units
4
Rooms
20
Bathrooms
4
Total area
3,706 SF
Lot
0.23 ac (10,019 SF)
Zoning code
1205
APN
16-17-377-033
UPID
US86-0069346
Jurisdiction
SALT LAKE
Zoning & alternative use
1205 · Salt Lake City, UTZoning 1205 · permitted uses
1205 · 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
1901
Construction
WOOD FRAME
Heating
HOT WATER
Stories
1
Units
4
Rooms
20
Bathrooms
4
Lot
0.23 ac
Current owner
From public records · entity-resolved
Richard Leo Pasmann
Individual
Mailing address
2723 E SPG CRK RD, SALT LAKE CITY, UT 84117-4625
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
—
Richard Leo Pasmann
Richard Pasmann
Intrafamily Transfer
related
—
Jun 25, 2021
—
Richard L Pasmann
—
Deed
related
$486,000 · Mountain America FCU
May 18, 2021
—
Richard L Pasmann
Paula Patton Wade
Personal Representative Deed
—
—
—
Richard L Pasmann
—
Deed Of Trust
related
$250,000 · L&d Capital LLC
—
—
Richard L Pasmann
—
Deed Of Trust
related
$100,000 · L&d Capital LLC
—
—
Richard L Pasmann
—
Deed Of Trust
related
$132,000 · First Security Bank
—
—
Richard L Pasmann
—
Deed Of Trust
related
$100,000 · L&d Capital LLC
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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