New search
Property profile & analytics
OFF-MARKET
Estimated value
$985,000
Medical Office Space
2110 Murray Holladay Rd, Salt Lake City, UT 84117-5598
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US86-0141068
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2014
Total area
4,956 SF
Lot
0.5 ac (21,780 SF)
Zoning code
R-2-8
APN
22-10-127-002
UPID
US86-0141068
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
-
Village Dental Dental Office
-
Tommaso Cardullo Clothing & Fashion Store
-
MILAN x PRO Sports School Sports Field & Court
-
Michael Rasch Dental Office
-
Mighty Shell Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$892k
Blend (final)
Blend
$985k
Owner & transaction history
Michael Glenn Rasch PC · 15 yrs held
Michael Glenn Rasch PC
since 2011
7 recorded transactions
Zoning & alternative use
R-2-8 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,170,000
6.5%
$1,080,000
7%
$1,000,000
Blend value · Realmo final
$985k
Range $887k – $1.08M · ±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
$199 / 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
$14,769
Tax year 2023
Assessed value
$1,432,600
Assessed 2023
Previous assessed
$1,432,600
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$535,800
Assessed improvement
$896,800
Land market value
$535,800
Improvement market value
$896,800
Total market value
$1,432,600
Applied tax rate
82.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2014
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Units
2
Rooms
7
Bathrooms
2
Total area
4,956 SF
Lot
0.5 ac (21,780 SF)
Zoning code
R-2-8
APN
22-10-127-002
UPID
US86-0141068
Jurisdiction
SALT LAKE
Zoning & alternative use
R-2-8 · Salt Lake City, UT
Zoning R-2-8 · permitted uses
R-2-8 · 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
2014
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
2
Rooms
7
Bathrooms
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Michael Glenn Rasch PC
Individual
Mailing address
2110 E MURRAY HOLLADAY RD, SALT LAKE CITY, UT 84117-5598
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2016
—
Rasch Properties LLC
—
Deed
related
$712,500 · Morgan Stanley Bank NA
May 9, 2016
—
Rasch Properties LLC
—
Deed
related
$592,000 · Mountain W Small Busn Fin
Feb 3, 2011
—
Michael Glenn Rasch PC
Northstar Funding Group INC
Warranty Deed
—
Sep 17, 2008
$325,000
Northstar Funding Group INC
Meridian Title Co
Trustees Deed
related
—
Apr 16, 2007
—
D & M Dev Services Lc
Robison,donald J
Warranty Deed
$435,000 · Northstar Funding Grp INC
Sep 17, 2004
—
Donald J Robison
Robison,katherine
Quit Claim Deed
related
$221,500 · Homecomings Financial Network
—
—
Rasch Properties LLC
—
Loan Modification
related
$1,283,000 · Proficio Bk
—
—
Rasch Properties LLC
—
Deed Of Trust
related
$592,000 · Mountain W Small Busn Fin
—
—
Rasch Properties LLC
—
Loan Modification
related
$1,083,000 · Proficio Bk
—
—
Donald J Robison
—
Deed Of Trust
related
$115,000 · New Century Mortgage
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?”
You own 2110 Murray Holladay Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
