Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

215 S State St Salt Lake City, UT 84111

FOR LEASE
Other investment properties
Property ID
US86-0627119
206,405 SF 1.45 ac lot Built 1984
Last sale Oct 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building configured to provide office space. It totals 47,127 square feet and includes a renovated lobby with collaboration areas, along with Wi‑Fi service in common areas. Tenants have access to conference rooms, an outdoor plaza with seating, covered parking, and on-site EV charging. The building provides on-site property management and 24/7 security, and includes on-site dining and coffee service. Additional amenities previously described as under construction…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$385k
Tax billed · 2023
Assessed value$38.94M
Assessed land$5.74M
Assessed improvement$33.20M
Effective rate0.99%

Value estimate

· Oct 2026
$6.93M
$6.24M – $7.62M
NOI build-up
Gross scheduled income$125k
Vacancy & credit loss−$12k
Operating expenses−$28k
NOI · 254,700.00% cap applied$84k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
254,700.00%
$84k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
D-1
The purpose of the D-1 Central Business District is to provide for commercial and economic development within Salt Lake City's most urban...
General categoryCOMMERCIAL
JurisdictionSALT LAKE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply22.0
Auto Parts Store21.1
Veterinary Clinic15.2

Location

215 S State St Salt Lake City, UT 84111
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

13 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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