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Property profile & analytics
OFF-MARKET
Warehouses
3727 State St, South Salt Lake, UT 84115-4812
Individually Owned
Absentee Owner
Free & Clear
Property ID
US86-1451545
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,700 SF
Lot
0.27 ac (11,761 SF)
Zoning code
ZBUS-A
APN
16-31-152-018
UPID
US86-1451545
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
3727 South State Street
3727 South State Street
since 2026
7 recorded transactions
Zoning & alternative use
ZBUS-A · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,060
Tax year 2024
Assessed value
$953,700
Assessed 2024
Previous assessed
$953,700
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$362,100
Assessed improvement
$591,600
Land market value
$362,100
Improvement market value
$591,600
Total market value
$953,700
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
EVAPORATIVE
Buildings
2
Stories
2
Total area
7,700 SF
Lot
0.27 ac (11,761 SF)
Zoning code
ZBUS-A
APN
16-31-152-018
UPID
US86-1451545
Jurisdiction
SALT LAKE
Zoning & alternative use
ZBUS-A · South Salt Lake, UT
Zoning ZBUS-A · permitted uses
ZBUS-A · 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
1944
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Cooling
Yes
Stories
2
Buildings
2
Lot
0.27 ac
Current owner
From public records · entity-resolved
3727 South State Street
Individual
Free & Clear · 0 yrs held
Mailing address
7702 S 3300TH W, BENJAMIN, UT 84660-5791
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2026
—
3727 South State Street
Ben Jordan
Quitclaim Deed
related
—
Mar 15, 2021
—
Ben Jordan
—
Deed
related
$100,000 · Ready Capital Corp
May 6, 2019
—
Ben Jordan
Roadrunner Properties LLC
Warranty Deed
$525,000 · Roadrunner Properties LLC
Nov 29, 2006
—
Salt Lake Exchange Accomodatio
Saini,harjit
Warranty Deed
$513,929 · Michael R Carr
Nov 4, 2005
—
Harjit Saini
Alpine Art & Frame INC
Warranty Deed
$410,000 · Alpine Art & Frame INC
Jul 19, 2005
—
Alpine Art & Frame INC
Grey,robin F & Elizabeth J
Warranty Deed
—
Jul 18, 2003
—
Robin F Grey
Banner Mania LLC
Grant Deed
$247,500 · Banner Mania
Mar 13, 2000
—
Banner Mania LLC
Burgie,jay L
Grant Deed
$247,500 · Silver State Bank
—
—
Robin F Grey
—
Deed Of Trust
related
$368,000 · First National Bank Layton
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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