Property profile

3638 State St South Salt Lake, UT 84115

OFF-MARKET
Automotive properties
Property ID
US86-0406098
15,040 SF 1.49 ac lot Built 1971
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1971
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 15,040 SF
Lot 1.49 ac (64,904 SF)
Zoning code ZBUS-A
APN 16-31-151-027
UPID US86-0406098

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
  • Car Dealership

Location

3638 State St South Salt Lake, UT 84115-4753
South Salt Lake metro Census 111601 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$795k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$1.25M

Owner & transaction history

since 2008
4 recorded transactions
2008
Price N/A
2003
Price N/A
1998
Price N/A
1969
Price N/A

Zoning & alternative use

ZBUS-A · South Salt Lake, UT
Top alternative use upside
Restaurant $2.1M +65.0%
Medical building $2.0M +58.3%
Commercial (general) $1.8M +43.7%

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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