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Property profile & analytics
OFF-MARKET
Theaters & concert halls
3098 Highland Dr 303 Salt Lake City, UT 84106-4541
Entity Owned
3-yr Hold
Free & Clear
Property ID
US86-0627367
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,736 SF
Lot
0.01 ac (436 SF)
Zoning code
C-3
APN
16-28-313-011
UPID
US86-0627367
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
-
Advantage Business Systems Inc Marketing & Advertising Printing Service
-
Papanikolas Tucker & Co Accounting Firm Tax Preparation
-
S Square Technologies (Bike/Boat/Book/etc) Store Corporate Office
-
Siever Kimberley O MD Physician
-
NLP and Coaching Institute Training Center Vocational School
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
Peg Slc Miller Avenue LLC · 3 yrs held
Peg Slc Miller Avenue LLC
since 2023
4 recorded transactions
Zoning & alternative use
C-3 · Salt Lake City, 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 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
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
$63
Tax year 2023
Assessed value
$9,800
Assessed 2023
Previous assessed
$9,800
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$9,800
Land market value
$9,800
Total market value
$9,800
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Total area
1,736 SF
Lot
0.01 ac (436 SF)
Zoning code
C-3
APN
16-28-313-011
UPID
US86-0627367
Jurisdiction
SALT LAKE
Zoning & alternative use
C-3 · Salt Lake City, UT
Zoning C-3 · permitted uses
C-3 · 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.
Building & site characteristics
From public records
Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Peg Slc Miller Avenue LLC
Entity
Free & Clear · 3 yrs held
Mailing address
145 W 200TH N #100, PROVO, UT 84601-2852
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2023
—
Peg Slc Miller Avenue LLC
Williams Centre LLC
Correction Deed
related
—
Apr 26, 2023
—
Peg Slc Miller Ave LLC
Williams Centre LLC
Warranty Deed
—
Oct 26, 2017
—
Brick Creek LLC
Highland Office Holding LLC
Warranty Deed
$9,430,000 · Tcf National Bank
Mar 24, 2011
—
Highland Office Holdings LLC
Highland Park Partners LLC
Quit Claim Deed
$133,000 · Bank Of American Fork
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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