Property profile

228 State St Salt Lake City, UT 84111

OFF-MARKET
Strip malls
Property ID
US86-0687065
12,184 SF 0.27 ac lot Built 1996
Entity Owned Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1996
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 12,184 SF
Lot 0.27 ac (11,761 SF)
Zoning code D-1
APN 16-06-152-079-6001
UPID US86-0687065

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

228 State St Salt Lake City, UT 84111-5251
Salt Lake City metro Census 114000 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

Zoning & alternative use

D-1 · Salt Lake City, UT
Zoning description

The purpose of the D-1 Central Business District is to provide for commercial and economic development within Salt Lake City's most urban and intense areas. A broad range of uses, including very high density housing, are…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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