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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    339 3900th S Salt Lake City, UT 84107-1677

    • Investment properties
    • 20,186 SF
    • 1.14 lot acres
    OFF-MARKET
    Last Sale
    May 12, 2022
    Value Estimations
    $980,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US86-0650443
    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.

    Current Use by Public Records

    • Waste Butler / Waste Management Facility / Hazardous Waste Disposal
    • Simple Systems / Tech Support Center / IT Consulting Firm
    • Enhance Your Net / Business Management Consultant / Advertising Agency
    • Metta Counseling and Wellness / Medical Clinic
    • American Edge Brand / Diaper Service

    Property Details for 339 3900th S

    Year built
    1977
    Construction
    WOOD FRAME
    Lot size
    1.14 lot acres
    Property size
    20,186 SF
    Zone code
    ZBUS-A
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    16-31-332-010
    APU
    1631332010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $815,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,148,000
      Market price range: $795k - $3.25M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,615,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.882
    Latitude
    40.6874
    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
    $28,049
    $1,086,700
    $1,308,800
    $2,395,500
    -
    $1,086,700
    $1,308,800
    $2,395,500

    Comparable in this City

    • Value Estimation
      $1,170,000
      18,790 SF

      5286 Commerce Dr

      STORE/OFFICE (MIXED USE) • 18,790 SF
      5286 Commerce Dr, Salt Lake City, UT 84107-4763
      View Details
    • Value Estimation by Request
      9,472 SF

      672 Vine St

      STORE/OFFICE (MIXED USE) • 9,472 SF
      672 Vine St, Salt Lake City, UT 84107-5539
      View Details
    • Value Estimation by Request
      5,946 SF

      5411 Vine St

      STORE/OFFICE (MIXED USE) • 5,946 SF
      5411 Vine St, Salt Lake City, UT 84107-7746
      View Details
    • Value Estimation
      $3,560,000
      79,554 SF

      392 Winchester St

      STORE/OFFICE (MIXED USE) • 79,554 SF
      392 Winchester St, Salt Lake City, UT 84107-7592
      View Details
    • Value Estimation
      $2,775,000
      56,020 SF

      448 Winchester St

      STORE/OFFICE (MIXED USE) • 56,020 SF
      448 Winchester St, Salt Lake City, UT 84107-7591
      View Details
    • Value Estimation
      $1,565,000
      13,113 SF

      771 Winchester St

      STORE/OFFICE (MIXED USE) • 13,113 SF
      771 Winchester St, Salt Lake City, UT 84107-7564
      View Details

    Similar Nearby for Sale

    • $3,800,000
      0.87 Acres

      Millcreek Development Opportunity

      9,500 SF commercial property with potential for 113 units.
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    • $799,000
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      Salt Lake City Office Condo Investment

      High-yield office condo with strong tenant.
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    • $1,242,880
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      Class-A Office Building For Sale

      Conveniently located office building with class-A finishes and gym.
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    • Contact for pricing
      3,914 SF

      Functional Office Space Near Mall

      3,914 SF office space near Fashion Place Mall.
      6000 S Fashion Blvd, Salt Lake City, UT 84107
      View Details
    • $2,590,000
      1.67 Acres

      Prime Murray Retail Investment

      High-exposure, long-term ground lease.
      6161 State St, Murray, UT 84107
      View Details
    • $4,791,600

      Land Positioned for Development

      Land suitable for mixed-use development in a growing area.
      700 E 3900 S, Salt Lake City, UT 84107
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,000 SF

      Prime Murray Flex Space Available

      10,000 SF Flex Space - Ideal Location
      135 6100, Murray, UT 84107
      View Details
    • $23 SF/Yr
      54,441 SF

      Commerce Park III Office Space

      Murray, UT Office Suites Available
      488 Winchester St, Murray, UT 84107
      View Details
    • $0.99 SF/Yr
      7,746 SF

      Industrial Space with Billboard Signage

      7,746 SF industrial space with 1,800 SF office available.
      4876 South Commerce Dr, Murray, UT 84107
      View Details
    • Contact for pricing
      243,057 SF

      Industrial Property with Trailer Stalls

      Industrial property featuring trailer stalls and additional storage yard.
      4209 W Central Ave, Salt Lake City, UT 84107
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    • $15 SF/Yr
      1,850 SF

      Updated Office Suites Near I-15

      Main floor office suites with updated features and convenient access.
      740 E 3900 S, Salt Lake City, UT 84107
      View Details
    • $16 SF/Yr
      4,620 SF

      Updated Office Space For Rent

      Updated office space in ideal location with abundant amenities.
      5286-5288 Commerce Dr, Murray, UT 84107
      View Details
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    339 3900th S
    Salt Lake City, UT 84107-1677
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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