Back to Search
Property profile & analytics
OFF-MARKET
Retail residential properties
2885 300th E South Salt Lake, UT 84115-3388
Trust Owned
Property ID
US86-0345109
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1899
Total area
1,563 SF
Lot
0.25 ac (10,890 SF)
Zoning code
R-1
APN
16-30-132-012
UPID
US86-0345109
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
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
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
Vanessa Rae Walsh Living Trust
Vanessa Rae Walsh Living Trust
since 2026
7 recorded transactions
Zoning & alternative use
R-1 · South 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 South Salt Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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
$2,751
Tax year 2023
Assessed value
$447,200
Assessed 2023
Previous assessed
$447,200
+0.0% YoY
Effective rate
0.62%
On assessed value
Assessed land
$265,300
Assessed improvement
$181,900
Land market value
$265,300
Improvement market value
$181,900
Total market value
$447,200
Applied tax rate
14.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1899
Heating
FORCED AIR
Stories
1
Units
3
Rooms
12
Bathrooms
3
Total area
1,563 SF
Lot
0.25 ac (10,890 SF)
Zoning code
R-1
APN
16-30-132-012
UPID
US86-0345109
Jurisdiction
SALT LAKE
Zoning & alternative use
R-1 · South Salt Lake, UT
Zoning R-1 · permitted uses
R-1 · South Salt Lake, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Salt Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1899
Heating
FORCED AIR
Stories
1
Units
3
Rooms
12
Bathrooms
3
Lot
0.25 ac
Current owner
From public records · entity-resolved
Vanessa Rae Walsh Living Trust
Trust
Mailing address
2885 S 300TH E, SOUTH SALT LAKE, UT 84115-3388
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2026
—
Vanessa Rae Walsh Living Trust
Vanessa Walsh
Deed
$356,250 · United American Mortgage Corp
Aug 28, 2025
—
Tory R Newland
Susan Newland
Deed
related
—
Jun 7, 2018
—
Tory R Newland
—
Deed
related
$130,000 · Pentagon FCU
Sep 20, 2013
—
Tory R Newland
Overfelt,david
Warranty Deed
$146,400 · Castle & Cooke Mortgage LLC
Jun 1, 2005
—
David Overfelt
Overfelt,david C
Quit Claim Deed
related
$71,400 · Greenpoint Mortgage Funding
Feb 27, 2004
—
David C Overfelt
Anderson,keith B
Grant Deed
$124,000 · Sib Mortgage Corp
Jun 20, 2003
—
Keith B Anderson
Powell,kenneth V
Grant Deed
$112,500 · Fieldstone Mortgage Co
—
—
Keith B Anderson
—
Deed Of Trust
related
$22,500 · Fieldstone Mortgage Co
—
—
Tory R Newland
—
Deed Of Trust
related
$130,000 · Pentagon FCU
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 2885 300th E?
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.
