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Property profile & analytics
OFF-MARKET
Retail space
3203 2300th E Salt Lake City, UT 84109-2703
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US86-0645476
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1925
Total area
1,504 SF
Lot
0.19 ac (8,276 SF)
Zoning code
R-1-8
APN
16-27-403-006
UPID
US86-0645476
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
-
East Millcreek Eyewear Ophthalmologist (Bike/Boat/Book/etc) Store
-
KAZ EYEWEAR Ophthalmologist (Bike/Boat/Book/etc) Store
-
Jodie Mcallister Ophthalmologist (Bike/Boat/Book/etc) Store
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
Jodie Ann Mcallister · 6 yrs held
Jodie Ann Mcallister
since 2020
7 recorded transactions
Zoning & alternative use
R-1-8 · 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
$3,314
Tax year 2023
Assessed value
$418,780
Assessed 2023
Previous assessed
$418,780
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$274,990
Assessed improvement
$143,790
Land market value
$274,990
Improvement market value
$143,790
Total market value
$418,780
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1925
Heating
FORCED AIR
Buildings
2
Stories
1
Units
1
Rooms
7
Bathrooms
2
Total area
1,504 SF
Lot
0.19 ac (8,276 SF)
Zoning code
R-1-8
APN
16-27-403-006
UPID
US86-0645476
Jurisdiction
SALT LAKE
Zoning & alternative use
R-1-8 · Salt Lake City, UT
Zoning R-1-8 · permitted uses
R-1-8 · 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
1925
Heating
FORCED AIR
Stories
1
Buildings
2
Units
1
Rooms
7
Bathrooms
2
Lot
0.19 ac
Current owner
From public records · entity-resolved
Jodie Ann Mcallister
Individual
Mailing address
3203 S 2300TH E, SALT LAKE CITY, UT 84109-2703
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2020
—
Jodie Ann Mcallister
Lj Mcallister Investing LLC
Intrafamily Transfer
related
$198,000 · Fairway Independent Mortgage Corp
Dec 31, 2007
—
Lj Mcallister Investing LLC
Mcallister,lynn B & Jodie A
Quit Claim Deed
—
Dec 11, 2006
—
Jodie A Mcallister
Alvan B Williamson
Warranty Deed
—
May 18, 2006
—
Alvan B Williamson
Jana Hoyle
Warranty Deed
$156,450 · Intermountain Mortgage Company INC
Jun 18, 2004
$128,350
Jana Hoyle
Butterworth,jan M & David M
Trustees Deed
—
—
—
Jan M Butterworth
—
Deed Of Trust
related
$150,800 · Bank One Utah
—
—
Jan M Butterworth
—
Deed Of Trust
related
$122,400 · Meritage Mtg Corp
—
—
Jan M Butterworth
—
Deed Of Trust
related
$15,800 · Beneficial Utah INC
—
—
Jana Hoyle
—
Deed Of Trust
related
$24,000 · Lehman Brothers Bank Fsb
—
—
Jan M Butterwood
—
Deed Of Trust
related
$32,600 · Beneficial Utah INC
—
—
Jana Hoyle
—
Deed Of Trust
related
$139,600 · Lynn Barton
—
—
Jana Hoyle
—
Deed Of Trust
related
$135,200 · Lehman Brothers Bank Fsb
—
—
Jan M Butterworth
—
Deed Of Trust
related
$23,800 · Sun Valley Financial Utah
—
—
Alvan B Williamson
—
Deed Of Trust
related
$27,076 · Steven Jeffs
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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