New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,220,000
Warehouses
3150 900th W, South Salt Lake, UT 84119-2471
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US86-0176044
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
86,222 SF
Lot
4.47 ac (194,713 SF)
Zoning code
LI
APN
15-26-251-017
UPID
US86-0176044
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
$5.14M
Blend (final)
Blend
$6.22M
Owner & transaction history
Utah Food Bank · 8 yrs held
Utah Food Bank
since 2017
7 recorded transactions
Zoning & alternative use
LI · South Salt Lake, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.2M
+77.7%
Retail stores
$6.0M
+16.4%
Auto repair, garage
$5.8M
+11.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,170,000
Current use
RESTAURANT
$9,190,000
Change: +78% · Conversion: Difficult
RETAIL STORES
$6,020,000
Change: +16% · Conversion: Moderate
AUTO REPAIR, GARAGE
$5,780,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$6.22M
Range $5.60M – $6.84M · ±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 2022Property tax & assessments
Tax year 2022
Assessed value
$12,450,500
Assessed 2023
Previous assessed
$10,755,000
+15.8% YoY
Assessed land
$1,251,200
Assessed improvement
$11,199,300
Land market value
$1,251,200
Improvement market value
$11,199,300
Total market value
$12,450,500
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
2
Stories
2
Total area
86,222 SF
Lot
4.47 ac (194,713 SF)
Zoning code
LI
APN
15-26-251-017
UPID
US86-0176044
Jurisdiction
SALT LAKE
Zoning & alternative use
LI · South Salt Lake, UT
Zoning LI · permitted uses
LI · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.2M
RESTAURANT
Est. value
$9.2M
RETAIL STORES
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$5.8M
WAREHOUSE, STORAGE Current
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Buildings
2
Lot
4.47 ac
Current owner
From public records · entity-resolved
Utah Food Bank
Entity
Mailing address
3150 S 900TH W, SOUTH SALT LAKE, UT 84119-2471
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2021
—
Metro Dev LLC
—
Deed
related
$7,350,000 · Zions First Nat'l Bk
Oct 3, 2017
—
Utah Food Bank
Utah Food Bank Foundation
Quit Claim Deed
related
—
Feb 13, 2017
—
Metro Devlopment LLC
—
Deed
related
—
Dec 30, 2009
—
Utah Food Bank Foundation
—
Deed Of Trust
related
$6,000,000 · Zions First National Bank
Dec 23, 2009
—
Utah Food Bank Foundation
Utah Food Bank
Quit Claim Deed
$11,378,250 · Nff New Markets Fund III LLC
Feb 4, 2008
—
Utah Food Bank Services
Holt Properties
Grant Deed
—
—
—
Hold Properties LLC
—
Deed Of Trust
related
$2,488,299 · Wells Fargo Bank
—
—
Utah Food Bank Services
—
Deed Of Trust
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3150 900th W?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
