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    Property profile & analytics

    3424 State St South Salt Lake, UT 84115-4903

    • Grocery and convenience stores
    • 35,712 SF
    • 3.47 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 07, 2025
    Location Intelligence
    Property ID
    US86-0615996
    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

    • Chinese Taste / Chinese Restaurant / Chinese Takeaway
    • Carol's Cove II / Bar & Grill
    • Toke & Smoke Gift Shop / Gift Shop
    • ElementMe / Women'S Clothing Store
    • ABOUTEA / Bubble Tea Store / Juice Shop

    Property Details for 3424 State St

    Year built
    2020
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.47 lot acres
    Property size
    35,712 SF
    Zone code
    CC
    Property type
    Grocery and convenience stores
    APN
    16-30-353-013
    APU
    1630353013

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    South Salt Lake
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.89
    Latitude
    40.6969
    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
    $108,234
    $3,046,100
    $6,197,600
    $9,243,700
    -
    $3,046,100
    $6,197,600
    $9,243,700

    Comparable in this City

    • Value Estimation by Request
      4,932 SF

      278 2100th S

      CONVENIENCE STORE • 4,932 SF
      278 2100th S, Salt Lake City, UT 84115-1831
      View Details
    • Value Estimation by Request
      64,063 SF

      3390 State St

      GROCERY, SUPERMARKET • 64,063 SF
      3390 State St, South Salt Lake, UT 84115-5181
      View Details
    • Value Estimation
      $315,000
      953 SF

      3390 State St Ste, Unit 16

      GROCERY, SUPERMARKET • 953 SF
      3390 State St Ste, South Salt Lake, UT 84115-5183
      View Details
    • Value Estimation
      $380,000
      2,536 SF

      420 2700th S

      CONVENIENCE STORE • 2,536 SF
      420 2700th S, South Salt Lake, UT 84115-3326
      View Details
    • Value Estimation
      $390,000
      8,073 SF

      1318 State St

      CONVENIENCE STORE • 8,073 SF
      1318 State St, Salt Lake City, UT 84115-5404
      View Details
    • Value Estimation
      $345,000
      1,679 SF

      3390 State St, Unit 35

      GROCERY, SUPERMARKET • 1,679 SF
      3390 State St, South Salt Lake, UT 84115-5181
      View Details

    Similar Nearby for Sale

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      9,820 SF

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      9,820 SF retail/flex building with redevelopment opportunity.
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    Similar Nearby for Lease

    • Contact for pricing
      5,756 SF

      Updated South Salt Lake Property

      Contemporary space suitable for office, retail, restaurant, or warehouse.
      1816 South State St, Salt Lake City, UT 84115
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    • Contact for pricing
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      Prime Retail or Office Space

      1,360 SF retail/office space in a busy location.
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    • Contact for pricing
      924 SF

      Retail Space Near I-15

      924 SF retail space with high visibility and accessibility.
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    • $19 SF/Yr
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      Retail Space on State Street

      Retail space for lease with high visibility on State Street.
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    • $24 SF/Yr
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      Retail Space in South Salt Lake

      Retail space with high ceilings and freeway access.
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    • Contact for pricing
      4,700 SF

      Versatile Space in High-Traffic Location

      Adaptable commercial space suitable for diverse business applications.
      329 E 2100 S, Salt Lake City, UT 84115
      View Details

    Property Visit Statistics

    • Visits by month
      9.1k
    • Visitors by month
      8.3k
    • Avg Time on site
      22 min
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    3424 State St
    South Salt Lake, UT 84115-4903
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    Realmo Value Estimation

    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.

    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.

    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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