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Property profile & analytics
OFF-MARKET
Estimated value
$990,000
Auto shops
2890 2100th S, Salt Lake City, UT 84119-1206
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US86-0455042
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,738 SF
Lot
6 ac (261,360 SF)
Zoning code
M-1
APN
15-16-376-003
UPID
US86-0455042
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
-
Karl S Robinson Trucking Co Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$735k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$990k
Owner & transaction history
Scandia Investment LLC · 8 yrs held
Scandia Investment LLC
since 2017
7 recorded transactions
Zoning & alternative use
M-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.5M
+59.1%
Retail stores
$960,000
+4.2%
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
$735,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$920,000
Current use
RESTAURANT
$1,465,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$960,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$825,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$990k
Range $891k – $1.09M · ±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
$72 / 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
$50,105
Tax year 2023
Assessed value
$5,068,300
Assessed 2023
Previous assessed
$5,068,300
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$3,081,900
Assessed improvement
$1,986,400
Land market value
$3,081,900
Improvement market value
$1,986,400
Total market value
$5,068,300
Applied tax rate
13.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Units
1
Total area
13,738 SF
Lot
6 ac (261,360 SF)
Zoning code
M-1
APN
15-16-376-003
UPID
US86-0455042
Jurisdiction
SALT LAKE
Zoning & alternative use
M-1 · Salt Lake City, UT
Zoning M-1 · permitted uses
M-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$920,000
RESTAURANT
Est. value
$1.5M
RETAIL STORES
Est. value
$960,000
WAREHOUSE, STORAGE
Est. value
$825,000
AUTO REPAIR, GARAGE Current
RESTAURANT
RETAIL STORES
WAREHOUSE, STORAGE
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
2001
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Lot
6 ac
Current owner
From public records · entity-resolved
Scandia Investment LLC
Entity
Mailing address
2896 HOLDING LLC, SALT LAKE CITY, UT 84107
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2017
—
Scandia Investment LLC
Nat Properties LLC
Grant Deed
—
Sep 30, 2013
—
Nat Properties LLC
Robinson,g Blake
Grant Deed
$1,656,000 · Zions First National Bank
Sep 17, 2010
—
G Blake Robinson
—
Trustees Deed
related
$300,000 · First Utah Bank
Mar 20, 2003
—
G B Robinson
—
Deed Of Trust
related
$1,000,000 · First Utah Bank
Dec 31, 1998
—
Robinson,g B
—
Grant Deed
related
$625,000 · Draper Bank & Trust
—
—
G B Robinson
—
Deed Of Trust
related
$458,917 · Draper Bank & Trust
—
—
G B Robinson
—
Deed Of Trust
related
$200,000 · First Utah Bank
—
—
G B Robinson
—
Deed Of Trust
related
$1,000,000 · Key Bank NA
—
—
North American LLC
—
Deed Of Trust
related
$750,000 · First Utah Bank
—
—
2896 Holding LLC
—
Deed Of Trust
related
$2,000,000 · Miscellaneous Ins Co
—
—
G B Robinson
—
Deed Of Trust
related
$300,000 · First Utah Bank
—
—
G B Robinson
—
Deed Of Trust
related
$300,000 · First Utah Bank
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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