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Property profile & analytics
OFF-MARKET
Retail space
228 800th S Salt Lake City, UT 84111-3812
Entity Owned
2-yr Hold
Free & Clear
Property ID
US86-0591359
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1901
Construction
WOOD FRAME
Total area
896 SF
Lot
0.1 ac (4,356 SF)
Zoning code
RB
APN
16-07-177-008
UPID
US86-0591359
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
Rendi Rocks LLC · 2 yrs held
Rendi Rocks LLC
since 2024
5 recorded transactions
Zoning & alternative use
RB · 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
$2,957
Tax year 2023
Assessed value
$299,100
Assessed 2023
Previous assessed
$299,100
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$196,700
Assessed improvement
$102,400
Land market value
$196,700
Improvement market value
$102,400
Total market value
$299,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1901
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
896 SF
Lot
0.1 ac (4,356 SF)
Zoning code
RB
APN
16-07-177-008
UPID
US86-0591359
Jurisdiction
SALT LAKE
Zoning & alternative use
RB · Salt Lake City, UT
Zoning RB · permitted uses
RB · 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
1901
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Units
1
Rooms
6
Bathrooms
1
Lot
0.1 ac
Current owner
From public records · entity-resolved
Rendi Rocks LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1254 W 400TH N, WEST BOUNTIFUL, UT 84087-1909
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2024
—
Rendi Rocks LLC
Joanna E Rendi
Intrafamily Transfer
related
—
Oct 13, 2023
—
Joanna E Rendi
Sweetpea Properties LLC
Quit Claim Deed
related
—
Jul 21, 2022
—
Sweetpea Properties LLC
800 South Properties LLC
Quit Claim Deed
related
—
Jun 11, 2014
—
800 South Properties LLC
Circle Pottery LLC
Quit Claim Deed
related
—
Aug 25, 2003
—
Circle Pottery LLC
Zions First National Bank Ttee
Grant Deed
$81,500 · Western Naional Trust Ttee
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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