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Property profile & analytics
OFF-MARKET
Estimated value
$270,000
Drive through restaurants
232 800th S Salt Lake City, UT 84111-3812
Entity Owned
2-yr Hold
Free & Clear
Property ID
US86-0517762
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1910
Construction
WOOD FRAME
Total area
1,242 SF
Lot
0.1 ac (4,356 SF)
Zoning code
RB
APN
16-07-177-009
UPID
US86-0517762
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
$270k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
Rendi Rocks LLC · 2 yrs held
Rendi Rocks LLC
since 2024
7 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
Method
Estimation
Statistic approach
by Request
ML approach
$270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$270k
Range $243k – $297k · ±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
$217 / 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
$4,025
Tax year 2023
Assessed value
$407,100
Assessed 2023
Previous assessed
$407,100
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$196,700
Assessed improvement
$210,400
Land market value
$196,700
Improvement market value
$210,400
Total market value
$407,100
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1910
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Units
1
Rooms
6
Bathrooms
1
Total area
1,242 SF
Lot
0.1 ac (4,356 SF)
Zoning code
RB
APN
16-07-177-009
UPID
US86-0517762
Jurisdiction
SALT LAKE
Zoning & alternative use
RB · Salt Lake City, UTZoning 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
Building & site characteristics
From public records
Year built
1910
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2024
—
Rendi Rocks LLC
Joanna E Rendi
Intrafamily Transfer
related
—
Jul 21, 2022
—
Sweetpea Properties LLC
800 South Properties LLC
Quit Claim Deed
related
—
Feb 3, 2021
—
Alfredo Meneses Mora
Alfredo Meneses
Deed
related
—
Aug 21, 2020
—
Cindy & Alfredo Family Trust
Alfredo Meneses
Quitclaim Deed
related
—
Jun 29, 2020
—
Alfredo Meneses
Cindy & Alfredo Family Trust
Quitclaim Deed
related
$750,000 · Keybank USA
Jan 2, 2020
—
Cindy & Alfredo Family Trust
Alfredo Meneses
Quitclaim 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.
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