Property profile

2720 State St South Salt Lake, UT 84115

OFF-MARKET
Strip malls
Property ID
US86-0077748
9,840 SF 0.88 ac lot Built 2007
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 9,840 SF
Lot 0.88 ac (38,333 SF)
Zoning code CC
APN 16-19-357-031
UPID US86-0077748

Cap rate & NOI

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

Location

2720 State St South Salt Lake, UT 84115-3618
South Salt Lake metro Census 111500 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.45M

Owner & transaction history

since 2007
7 recorded transactions
2024
Price N/A
2017
Price N/A
2008
Price N/A
2007
Price N/A
2003
Price N/A
2002
Price N/A
1969
Price N/A

Zoning & alternative use

CC · South Salt Lake, UT
Top alternative use upside
Restaurant $1.4M +42.5%
Medical building $1.3M +36.7%
Commercial (general) $1.2M +24.1%

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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