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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Day care centers
232 800th S, Salt Lake City, UT 84101-2907
Individually Owned
5-yr Hold
Free & Clear
Property ID
US86-0565378
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,483 SF
Lot
1.08 ac (47,045 SF)
Zoning code
D-2
APN
15-12-210-003
UPID
US86-0565378
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
-
Moochie's Meatballs and More Take-out & Catering
-
Antioch Community Church Church
-
Miss Billie's Kids Kampus High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$639k
Blend (final)
Blend
$570k
Owner & transaction history
Alfredo Meneses Mora · 5 yrs held
Alfredo Meneses Mora
since 2021
6 recorded transactions
Zoning & alternative use
D-2 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$840,000
+70.1%
Warehouse, storage
$565,000
+13.8%
Auto repair, garage
$540,000
+9.2%
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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$495,000
Current use
RETAIL STORES
$840,000
Change: +70% · Conversion: Difficult
WAREHOUSE, STORAGE
$565,000
Change: +14% · Conversion: Difficult
AUTO REPAIR, GARAGE
$540,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$535,000
Change: +8% · Conversion: Difficult
RESTAURANT
$505,000
Change: +2% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$405,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$76 / 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
$876
Tax year 2023
Assessed value
$1,858,800
Assessed 2023
Previous assessed
$1,858,800
+0.0% YoY
Effective rate
0.05%
On assessed value
Assessed land
$1,848,000
Assessed improvement
$10,800
Land market value
$1,848,000
Improvement market value
$10,800
Total market value
$1,858,800
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
7,483 SF
Lot
1.08 ac (47,045 SF)
Zoning code
D-2
APN
15-12-210-003
UPID
US86-0565378
Jurisdiction
SALT LAKE
Zoning & alternative use
D-2 · Salt Lake City, UT
Zoning D-2 · permitted uses
D-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$495,000
RETAIL STORES
Est. value
$840,000
WAREHOUSE, STORAGE
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$540,000
COMMERCIAL (GENERAL)
Est. value
$535,000
RESTAURANT
Est. value
$505,000
INDUSTRIAL (GENERAL)
Est. value
$405,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RETAIL STORES
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RESTAURANT
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1949
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Alfredo Meneses Mora
Individual
Free & Clear · 5 yrs held
Mailing address
4223 SUNRISE DR, PARK CITY, UT 84098-4708
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2021
—
Alfredo Meneses Mora
Alfredo Meneses
Intrafamily Transfer
related
—
Aug 21, 2020
—
Cindy & Alfredo Family Trust
Alfredo Meneses
Quit Claim Deed
related
—
Jun 29, 2020
—
Alfredo Meneses
Cindy & Alfredo Family Trust
Quit Claim Deed
related
$750,000 · Keybank USA
Jan 2, 2020
—
Cindy & Alfredo Family Trust
Alfredo Meneses
Quit Claim Deed
related
—
Dec 12, 2007
—
Alfredo Meneses
Koleman,ivan F & Billie A
Warranty Deed
—
Jul 3, 2007
—
Alfredo Meneses
Goodwill Family LLC
Warranty Deed
—
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.
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