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Property profile & analytics
OFF-MARKET
Estimated value
$1,575,000
Commercial land
267 Broadway Salt Lake City, UT 84101-1808
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0449960
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1996
Construction
WOOD FRAME
Total area
61,221 SF
Lot
1.34 ac (58,370 SF)
Zoning code
D-3
APN
15-01-258-013
UPID
US86-0449960
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
$1.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.85M
Blend (final)
Blend
$1.58M
Owner & transaction history
Fbred Bdc Finance LLC · 2 yrs held
Fbred Bdc Finance LLC
since 2024
7 recorded transactions
Zoning & alternative use
D-3 · 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
$1,295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.58M
Range $1.42M – $1.73M · ±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
$26 / 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
$42,990
Tax year 2023
Assessed value
$4,348,600
Assessed 2023
Previous assessed
$4,348,600
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$4,348,600
Land market value
$4,348,600
Total market value
$4,348,600
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1996
Construction
WOOD FRAME
Heating
NONE
Stories
3
Total area
61,221 SF
Lot
1.34 ac (58,370 SF)
Zoning code
D-3
APN
15-01-258-013
UPID
US86-0449960
Jurisdiction
SALT LAKE
Zoning & alternative use
D-3 · Salt Lake City, UT
Zoning D-3 · permitted uses
D-3 · 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
1996
Construction
WOOD FRAME
Heating
NONE
Stories
3
Lot
1.34 ac
Current owner
From public records · entity-resolved
Fbred Bdc Finance LLC
Entity
Mailing address
566 W LK ST FL 32A, CHICAGO, IL 60661-1410
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2024
—
Fbred Bdc Finance LLC
Aldk Slc LLC
Assignment Of Lease (leasehold Sale)
$51,900,000 · Fbred Bdc Finance LLC
Apr 18, 2019
—
Aldk Slc LLC
Summit Hospitality Xii LLC
Grant Deed
$100,000,000 · Citi R/e Fndg INC
Jul 3, 2017
—
Summit Hospitality Xii LLC
—
Grant Deed
related
$47,640,000 · Metabank
Dec 21, 2012
—
Summit Hospitality Xii LLC
Third West Lodging Assocs Lc
Grant Deed
related
—
Sep 23, 2008
—
Third West Lodging Assocs Lc
—
Deed Of Trust
related
$16,000,000 · Variable Annuity Life Ins Co
Dec 6, 2005
—
Third West Lodging Assocs Lc
Third West Lodging Annex Lc
Quit Claim Deed
$12,500,000 · Variable Annuity Life Ins Co
Mar 8, 2005
—
Third West Lodging Annex Lc
Renaissance Apartment Suites L
Warranty Deed
$4,100,000 · America First Cu
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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