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Property profile & analytics
FOR LEASE
Retail space
249 E 400 S Salt Lake City, UT 84111
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US86-0106122
For Lease
1 / 13
$24 SF/Yr
249 E 400 S, Salt Lake City, UT 84111
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.05 ac (2,178 SF)
Zoning code
TSA-UC
APN
16-06-328-011
UPID
US86-0106122
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
-
Bigelow Apartments Apartment Building
-
Cori L. Price, cPCI Counselor Doctor
-
Historic B'nai Israel Temple Tour Operator
-
Stoneground Italian Kitchen Restaurant
-
Cathedral Tattoo Company Tattoo & Piercing Shop
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
Jfghb Holdings L C · 1 yrs held
Jfghb Holdings L C
since 2024
7 recorded transactions
Zoning & alternative use
TSA-UC · 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
$473
Tax year 2023
Assessed value
$47,800
Assessed 2023
Previous assessed
$47,800
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$47,800
Land market value
$47,800
Total market value
$47,800
Applied tax rate
13.0000
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
For Lease
Heating
NONE
Lot
0.05 ac (2,178 SF)
Zoning code
TSA-UC
APN
16-06-328-011
UPID
US86-0106122
Jurisdiction
SALT LAKE
Zoning & alternative use
TSA-UC · Salt Lake City, UT
Zoning TSA-UC · permitted uses
TSA-UC · 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
Heating
NONE
Lot
0.05 ac
Current owner
From public records · entity-resolved
Jfghb Holdings L C
Entity
Mailing address
352 S MOFFAT CT, SALT LAKE CITY, UT 84111-2805
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2024
—
Jfghb Holdings L C
Jf Bonneville Apartments LLC
Quitclaim Deed
related
—
Aug 16, 2024
—
F4 Properties LLC
Jfghb Member LLC
Special Warranty Deed
—
May 3, 2024
—
Jfghb Member LLC
Hb Real Properties LLC
Special Warranty Deed
—
Mar 12, 2019
—
Hb Real Properties LLC
—
Grant Deed
related
$2,620,000 · Zions First Nat'l Bk
May 4, 2017
—
Ettori Investments LLC
—
Deed
related
$791,679 · Wells Fargo Bk
Mar 25, 2008
—
Ettori Investments LLC
Robert Mccarthy
Warranty Deed
$920,000 · Wells Fargo Bank NA
Mar 23, 2005
—
Robert Mccarthy
Hm Investments
Quit Claim Deed
related
—
Aug 12, 2004
—
Hm Investments
Mccarthy,robert
Quit Claim Deed
related
—
Dec 9, 1997
—
H M Investment Corp
—
Grant Deed
related
$667,948 · Brighton Bank
Sep 13, 1996
—
H M Investment
Reagan,william K
Grant Deed
$246,000 · Seller
—
—
Robert Mccarthy
—
Deed Of Trust
related
$935,000 · Key Bank & Trust
—
—
H M Investment Corp
—
Deed Of Trust
related
$810,000 · Us Bank NA
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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