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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Turn key restaurants
2832 6200th S Holladay, UT 84121-2372
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US86-0517544
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1929
Total area
11,456 SF
Lot
1.63 ac (71,003 SF)
Zoning code
LU
APN
22-23-107-007
UPID
US86-0517544
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
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$875k
Owner & transaction history
Five Diamond Ristorante LLC · 17 yrs held
Five Diamond Ristorante LLC
since 2009
5 recorded transactions
Zoning & alternative use
LU · Holladay, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
District is to allow a certain use to be permitted and allow expansion and redeveloping of the traditional use
Zone name
Limited Use
General category
UNKNOWN
Zone area
4.65 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.4M
+10.6%
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 Holladay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Holladay 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
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,245,000
Current use
COMMERCIAL (GENERAL)
$1,375,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$875k
Range $788k – $963k · ±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
$76 / 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
$45,952
Tax year 2023
Assessed value
$4,457,500
Assessed 2023
Previous assessed
$4,457,500
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$1,486,600
Assessed improvement
$2,970,900
Land market value
$1,486,600
Improvement market value
$2,970,900
Total market value
$4,457,500
Applied tax rate
82.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1929
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
1
Total area
11,456 SF
Lot
1.63 ac (71,003 SF)
Zoning code
LU
APN
22-23-107-007
UPID
US86-0517544
Jurisdiction
SALT LAKE
Zoning & alternative use
LU · Holladay, UTZoning LU · permitted uses
LU · Holladay, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
District is to allow a certain use to be permitted and allow expansion and redeveloping of the traditional use
Zone name
Limited Use
General category
UNKNOWN
Zone area
4.65 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.4M
RESTAURANT Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1929
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
1.63 ac
Current owner
From public records · entity-resolved
Five Diamond Ristorante LLC
Entity
Mailing address
1350 E DRAPER PKWY, DRAPER, UT 84020-8567
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2019
—
Five Diamond Ristorante LLC
—
Deed
related
$1,837,576 · Wells Fargo Bk
May 15, 2009
—
Five Diamond Ristorante LLC
Chianti Lc
Grant Deed
—
May 25, 2005
—
Chianti Lc
Chianti Lc
Quit Claim Deed
related
—
—
—
Five Diamond Ristorante LLC
—
Loan Modification
related
$1,837,576 · Wells Fargo Bk
—
—
Chianti Lc
—
Deed Of Trust
related
$229,001 · 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.
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