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Property profile & analytics
OFF-MARKET
Warehouses
290 300th S Salem, UT 84653-9455
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US86-0579829
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1985
Total area
1,269 SF
Lot
0.67 ac (29,185 SF)
APN
09-003-0003
UPID
US86-0579829
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jonathan Fernandez · 6 yrs held
Jonathan Fernandez
since 2019
7 recorded transactions
Zoning & alternative use
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 Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem 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 2024Property tax & assessments
Tax year 2024
Tax billed
$2,847
Tax year 2024
Assessed value
$288,730
Assessed 2024
Previous assessed
$288,730
+0.0% YoY
Effective rate
0.99%
On assessed value
Land market value
$184,800
Improvement market value
$288,700
Total market value
$473,500
Applied tax rate
180.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
6
Bathrooms
1
Total area
1,269 SF
Lot
0.67 ac (29,185 SF)
APN
09-003-0003
UPID
US86-0579829
Jurisdiction
UTAH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
6
Bathrooms
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Jonathan Fernandez
Individual
Mailing address
290 E 300TH S, SALEM, UT 84653-9455
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Oct 11, 2024
—
Jonathan Fernandez
—
Deed
related
$390,000 · Utah Community Cu
Dec 18, 2019
—
Jonathan Fernandez
Kerry Fernandez
Quit Claim Deed
related
$200,000 · Utah Cmnty FCU
Sep 17, 2012
—
Kerry Fernandez
Fernandez,kerry
Quit Claim Deed
related
$148,100 · Flagstar Bank Fsb
Nov 16, 2006
—
Kerry Kitchen
Holly Garner
Warranty Deed
$160,000 · The Mortgage Co
Jul 26, 2005
—
Holly Garner
Troy W Garner
Warranty Deed
related
$168,000 · The Mortgage Co
Apr 25, 2003
—
Troy W Garner
Gallegos,dennis W
Grant Deed
$140,000 · Utah Community FCU
—
—
Kerry Kitchen
—
Deed Of Trust
related
$16,000 · Flagstar Bank Fsb
—
—
Kerry Kitchen
—
Deed Of Trust
related
$37,000 · Flagstar Bank Fsb
—
—
Troy W Garner
—
Deed Of Trust
related
$20,000 · Utah Community 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.
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