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Property profile & analytics
FOR SALE
Retail residential properties
201 N I St Salt Lake City, UT 84103
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US86-0360553
For Sale
1 / 36
$1,186,000
201 N I St, Salt Lake City, UT 84103
View Listing →
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,272 SF
Lot
0.08 ac (3,485 SF)
Zoning code
SR-1
APN
09-32-309-009
UPID
US86-0360553
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
by Request
Owner & transaction history
Avenues Fiveplex LLC · 2 yrs held
Avenues Fiveplex LLC
since 2023
7 recorded transactions
Zoning & alternative use
SR-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
—
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
$6,577
Tax year 2023
Assessed value
$1,209,600
Assessed 2023
Previous assessed
$1,209,600
+0.0% YoY
Effective rate
0.54%
On assessed value
Assessed land
$324,200
Assessed improvement
$885,400
Land market value
$324,200
Improvement market value
$885,400
Total market value
$1,209,600
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
For Sale
Year built
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Units
2
Total area
4,272 SF
Lot
0.08 ac (3,485 SF)
Zoning code
SR-1
APN
09-32-309-009
UPID
US86-0360553
Jurisdiction
SALT LAKE
Zoning & alternative use
SR-1 · Salt Lake City, UT
Zoning SR-1 · permitted uses
SR-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
1940
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Units
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Avenues Fiveplex LLC
Entity
Mailing address
PO BOX 711316, SALT LAKE CITY, UT 84171-1316
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
—
Avenues Fiveplex LLC
Julie Hammond
Warranty Deed
$850,000 · Wcp Fund 1 LLC
Mar 18, 2021
—
Wcp Fund 1 LLC
Bm Re LLC
Warranty Deed
$740,000 · University First FCU
Mar 6, 2019
—
Eastbench Re LLC
—
Deed
related
$960,000 · Smart Cap Trade Fin LLC
Jul 20, 2018
—
Bm Re LLC
—
Deed
related
$750,000 · Other Institutional Lenders
Jun 7, 2018
—
Bm Re LLC
Redd,matt
Warranty Deed
$710,000 · Gayle Neuenschwander
Feb 2, 2018
—
Matt Redd
—
Deed
related
$200,439 · Dane P & Julene P Brewer
Jul 20, 1998
—
Matt Redd
C M O Associates LLC
Grant Deed
related
—
Jun 10, 1997
—
C M O Assoc LLC
Ohara,michael & Carla A
Grant Deed
related
—
May 5, 1997
—
Michael O'hara
Avenues Associates LLC
Grant Deed
$192,000 · Home Credit Bank
Apr 14, 1995
—
Simmons,suzanne
Heiner Trust
Trustees Deed
$136,500 · First Security Bank Utah
—
—
Eastbench Re LLC
—
Deed Of Trust
related
$960,000 · Smart Cap Trade Fin LLC
—
—
Matt Redd
—
Deed Of Trust
related
$175,000 · Dane P & Julene P Brewer
—
—
Matt Redd
—
Loan Modification
related
$200,439 · Dane P & Julene P Brewer
—
—
Bm Re LLC
—
Deed Of Trust
related
$750,000 · Other Institutional Lenders
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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