Property profile

3424 State St South Salt Lake, UT 84115

OFF-MARKET
Grocery and convenience stores
Property ID
US86-0615996
35,712 SF 3.47 ac lot Built 2020
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2020
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 35,712 SF
Lot 3.47 ac (151,153 SF)
Zoning code CC
APN 16-30-353-013
UPID US86-0615996

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Bar & Pub Restaurant
  • (Bike/Boat/Book/etc) Store
  • Clothing & Fashion Store
  • Cafe & Coffee Shop

Location

3424 State St South Salt Lake, UT 84115-4903
South Salt Lake metro Census 111601 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.90M
Blend (final) Blend
$5.18M

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2024
Price N/A
2019
Price N/A
2015
Price N/A
1969
Price N/A

Zoning & alternative use

CC · South Salt Lake, UT
Top alternative use upside
Restaurant $4.9M +17.3%
Medical building $4.7M +12.6%
Commercial (general) $4.3M +2.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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