Property profile

268 Paramount Ave Salt Lake City, UT 84115

OFF-MARKET
Manufacturing properties
Property ID
US86-0247697
9,216 SF 0.42 ac lot Built 1981
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1981
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,216 SF
Lot 0.42 ac (18,295 SF)
Zoning code CG
APN 15-13-213-009
UPID US86-0247697

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

268 Paramount Ave Salt Lake City, UT 84115-5216
Salt Lake City metro Census 102900 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
$930k
Comparable Approach Comparable
$691k
Blend (final) Blend
$705k

Owner & transaction history

since 2023
3 recorded transactions
2023
Price N/A
2018
Price N/A
2017
Price N/A

Zoning & alternative use

CG · Salt Lake City, UT
Top alternative use upside
Commercial (general) $1.1M +121.9%
Retail stores $1.1M +117.2%
Neighborhood: shopping center $890,000 +78.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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