New search
Property profile & analytics
OFF-MARKET
Office buildings
252 Hwy 89 North Salt Lake, UT 84054-2400
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0800913
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1935
Construction
WOOD
Total area
1,008 SF
Lot
0.27 ac (11,761 SF)
Zoning code
CH
APN
01-047-0334
UPID
US86-0800913
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
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
252 Highway 89 LLC · 1 yrs held
252 Highway 89 LLC
since 2025
7 recorded transactions
Zoning & alternative use
CH · North Salt Lake, 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 North Salt Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Salt Lake 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
$2,233
Tax year 2023
Assessed value
$111,986
Assessed 2024
Previous assessed
$111,986
+0.0% YoY
Effective rate
1.99%
On assessed value
Assessed land
$77,622
Assessed improvement
$34,364
Land market value
$141,132
Improvement market value
$62,480
Total market value
$203,612
Applied tax rate
345.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1935
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
1
Total area
1,008 SF
Lot
0.27 ac (11,761 SF)
Zoning code
CH
APN
01-047-0334
UPID
US86-0800913
Jurisdiction
DAVIS
Zoning & alternative use
CH · North Salt Lake, UT
Zoning CH · permitted uses
CH · North Salt Lake, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Salt Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
WOOD
Heating
FORCED AIR
Stories
1
Units
1
Lot
0.27 ac
Current owner
From public records · entity-resolved
252 Highway 89 LLC
Entity
Mailing address
771 N PKWY DR, NORTH SALT LAKE, UT 84054-2652
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2025
—
252 Highway 89 LLC
Christine Andrew
Warranty Deed
$250,000 · Christine Andrew
Sep 24, 2024
—
Christine Andrew
Hello Fashion INC
Warranty Deed
$250,000 · Deseret First FCU
Jun 16, 2022
—
Hello Fashion INC
Cody Andrew
Warranty Deed
$150,000 · Key Bank NA
Aug 30, 2021
—
Cody Andrew
Cody Andrew
Intrafamily Transfer
related
—
Dec 9, 2020
—
Cody Andrew
Terry Jenkins
Warranty Deed
—
Oct 7, 2011
—
Jonathan T Jenkins
Jenco Generators Lc
Quit Claim Deed
related
—
Jan 7, 2008
—
Jenco Generators Lc
Terry Jenkins
Warranty Deed
$70,000 · Utah Central Cu
—
—
Terry A Jenkins
—
Deed Of Trust
related
$129,900 · No Lender On Document
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 252 Hwy 89?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
