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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Investment properties
2469 Ft Un Blvd, Salt Lake City, UT 84121-3343
Individually Owned
~
Est. High Equity
Property ID
US86-0321690
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1981
Construction
CONCRETE
Total area
22,134 SF
Lot
0.99 ac (43,124 SF)
Zoning code
CR
APN
22-22-453-017
UPID
US86-0321690
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
-
Medicor Department Store
-
Zabriskie Law Firm - DUI & Criminal Defense Lawyer Salt Lake City Law Firm
-
Actinium Pharmaceuticals Factory Production Facility
-
Aspen Group Consultant
-
Dental Personnel Services Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$969k
Blend (final)
Blend
$740k
Owner & transaction history
Hieu H Pham
Hieu H Pham
since 2025
7 recorded transactions
Zoning & alternative use
CR · 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
$510,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$33 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$1,500
Assessed 2023
Previous assessed
$1,500
+0.0% YoY
Assessed land
$500
Assessed improvement
$1,000
Land market value
$500
Improvement market value
$1,000
Total market value
$1,500
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1981
Construction
CONCRETE
Heating
NONE
Cooling
YES
Buildings
2
Stories
2
Units
16
Total area
22,134 SF
Lot
0.99 ac (43,124 SF)
Zoning code
CR
APN
22-22-453-017
UPID
US86-0321690
Jurisdiction
SALT LAKE
Zoning & alternative use
CR · Salt Lake City, UT
Zoning CR · permitted uses
CR · 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
1981
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Units
16
Lot
0.99 ac
Current owner
From public records · entity-resolved
Hieu H Pham
Individual
Mailing address
4252 S HIGHLAND DR STE #105, SALT LAKE CITY, UT 84124-2696
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 24, 2025
—
Hieu H Pham
William C Booth
Warranty Deed
$345,900 · Cache Valley Bank
Jan 31, 2023
—
Jslc Consulting INC
Action Stock Transfer Corporation
Warranty Deed
—
Apr 22, 2022
—
Utah Tech Services LLC
Clp LLC
Warranty Deed
$258,000 · Finwise Bank
Sep 8, 2021
—
Rdz Holdings LLC
—
Deed
related
$470,000 · Capital Community Bank
Dec 29, 2020
—
Rdz Holdings LLC
Zlf Holdings LLC
Warranty Deed
—
Apr 24, 2020
—
Zlf Holdings LLC
Scott B Mitchell
Warranty Deed
$689,970 · Capital Community Bank
Dec 13, 2019
—
Team,e Trust
Rand M Eardley
Quitclaim Deed
related
—
Aug 30, 2019
—
William C Booth
W Chadwick Booth
Deed
related
$96,500 · Zb NA
Dec 13, 2018
—
Weller Invs & Ins Co LLC
Tk Blair Investments LLC
Warranty Deed
$420,000 · Bank Of The West
Apr 16, 2018
—
Rjf Office 2469 LLC
Frostwood Family Trust
Grant Deed
—
Mar 20, 2018
—
Rjf Office 2469 LLC
Frostwood Family Trust
Grant Deed
—
Sep 9, 2016
—
Beckstead & Associates INC
Beckstead,scott J
Quitclaim Deed
related
—
Aug 1, 2016
—
Beckstead Asset INC
Scott J Beckstead
Deed
related
$97,874 · America First FCU
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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