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Property profile & analytics
OFF-MARKET
Commercial land
2960 Main St, South Salt Lake, UT 84115-3540
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US86-0180474
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.79 ac (34,412 SF)
Zoning code
CB
APN
15-25-279-005
UPID
US86-0180474
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
Denver Investments Utah LLC · 5 yrs held
Denver Investments Utah LLC
since 2021
7 recorded transactions
Zoning & alternative use
CB · 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
$2,625
Tax year 2023
Assessed value
$234,700
Assessed 2023
Previous assessed
$234,700
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$234,700
Land market value
$234,700
Total market value
$234,700
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.79 ac (34,412 SF)
Zoning code
CB
APN
15-25-279-005
UPID
US86-0180474
Jurisdiction
SALT LAKE
Zoning & alternative use
CB · South Salt Lake, UT
Zoning CB · permitted uses
CB · 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
Heating
NONE
Lot
0.79 ac
Current owner
From public records · entity-resolved
Denver Investments Utah LLC
Entity
Mailing address
2970 S MAIN ST, SOUTH SALT LAKE, UT 84115-3553
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2023
—
Denver Investments Utah LLC
—
Deed
related
$111,000 · American Federal Corporation
Aug 9, 2023
—
Denver Investments Utah LLC
—
Deed
related
$156,550 · American Federal Mortgage Corp
May 14, 2021
—
Denver Investments Utah LLC
Denver Investments LLC
Intrafamily Transfer
related
—
Dec 11, 2020
—
Denver Investments LLC
Main Streft Office Building LLC
Special Warranty Deed
—
Dec 1, 2020
—
Main Street Office Building LLC
—
Deed
related
—
Apr 22, 2013
—
Main Street Office Building Ll
Utrb LLC
Warranty Deed
$1,390,000 · Rab 1 LLC
Mar 4, 2013
—
Utrb LLC
Dutson,neil R & Ann C
Quit Claim Deed
related
—
Dec 13, 2012
$50,000
Utrb LLC
Nelsen Jason K
Trustees Deed
related
—
Mar 14, 2008
—
Neil R Dutson
Macryan Ents LLC
Warranty Deed
$2,220,000 · First Community Bank
Apr 30, 2007
—
Mac Ryan Ents LLC
National Lending Group LLC
Warranty Deed
—
Nov 7, 2006
—
National Lending Group LLC
Macryan Ent LLC
Warranty Deed
—
Feb 27, 2006
—
Mac Ryan Ent LLC
Nguyen,bao N
Warranty Deed
—
Dec 30, 2005
—
Bao N Nguyen
Brown-slc South Main LLC
Grant Deed
$1,012,500 · Granite Cu
Aug 30, 2005
—
Skb-slc South Main LLC
Brown-slc South Main LLC
Quit Claim Deed
related
—
Nov 9, 2004
—
Skb-slc South Main LLC
Price Dev Co
Quit Claim Deed
related
—
—
—
Neil R Dutson
—
Deed Of Trust
related
$400,000 · Utrb LLC
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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