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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Auto shops
3454 Temple South Salt Lake, UT 84115-4339
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US86-0653236
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1975
Construction
STEEL FRAME
Total area
13,306 SF
Lot
1.24 ac (54,014 SF)
Zoning code
LT IND
APN
15-36-226-016
UPID
US86-0653236
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
$515k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$693k
Blend (final)
Blend
$605k
Owner & transaction history
Ford Rasmussen Ents LLC · 14 yrs held
Ford Rasmussen Ents LLC
since 2011
6 recorded transactions
Zoning & alternative use
LT IND · South Salt Lake, 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 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
$515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$45 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$15,077
Tax year 2023
Assessed value
$1,287,600
Assessed 2023
Previous assessed
$1,287,600
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$672,500
Assessed improvement
$615,100
Land market value
$672,500
Improvement market value
$615,100
Total market value
$1,287,600
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
13,306 SF
Lot
1.24 ac (54,014 SF)
Zoning code
LT IND
APN
15-36-226-016
UPID
US86-0653236
Jurisdiction
SALT LAKE
Zoning & alternative use
LT IND · South Salt Lake, UT
Zoning LT IND · permitted uses
LT IND · 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.
Building & site characteristics
From public records
Year built
1975
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.24 ac
Current owner
From public records · entity-resolved
Ford Rasmussen Ents LLC
Entity
Mailing address
3446 SW TEMPLE, SOUTH SALT LAKE, UT 84115-4407
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2021
—
Ford Rasmussen Enterprises LLC
—
Deed
related
$2,300,000 · Mountain America FCU
May 28, 2019
—
Ford Rasmussen Ents LLC
—
Grant Deed
related
$1,250,282 · Bank Of American Fork
Mar 7, 2017
—
2000 South LLC
—
Deed
related
$750,000 · Capital Community Bank
Sep 23, 2011
—
Ford Rasmussen Ents LLC
Salt Lake Car Sales & Auto Bod
Warranty Deed
$425,655 · Bank Of Utah
Jun 30, 2005
—
Salt Lake Car Sales
Re Invest Corp LLC
Warranty Deed
$415,000 · Bank Of Utah
Apr 17, 1997
—
Millcreek Drywall Co
Peterson,cloyd R
Quit Claim Deed
$750,000 · Seller
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.
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