3137 Main St South Salt Lake, UT 84115-3748
Property profile & analytics
3137 Main St South Salt Lake, UT 84115-3748
- Auto shops
- 4,535 SF
- 0.23 lot acres
Property ID
US86-0422022
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Auto shops
Property Details for 3137 Main St
- Year built
- 1953
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.23 lot acres
- Property size
- 4,535 SF
- Zone code
- ZBUS-B
- Property type
- Auto shops
- APN
- 16-30-302-001
- APU
- 1630302001
Description
This exceptional investment opportunity presents a 4,535 square foot auto shop located at 3137 S Main Street, South Salt Lake, UT 84115. The property, situated on a 0.23-acre lot (APN 16-30-302-001-0000), boasts a compelling 6.92% cap rate and is currently 100% occupied with month-to-month leases in place, expiring December 30, 2024. The single-story, 1953-built building features three separate, yet combinable, units, each contributing to the property's strong rental income. Seven dock-high doors facilitate efficient operations, and three restrooms cater to tenant and customer needs. The property includes a repairable paint booth, adding further value. Zoned for commercial business use, this property offers a rare automotive-use opportunity in South Salt Lake. The asking price is $1,250,000, translating to $275.63 per square foot. This is a value-add investment perfect for both investors and owner-users seeking a strong return on investment in a prime location. The property is classified as Retail, Industrial, and Mixed Use.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- South Salt Lake
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.891
- Latitude
- 40.7025
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,988
$84,200
$598,000
$682,200
-
$84,200
$598,000
$682,200
