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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Retail space
3793 State St South Salt Lake, UT 84115-4828
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-0440408
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Construction
WOOD FRAME
Total area
6,254 SF
Lot
0.81 ac (35,284 SF)
Zoning code
ZBUS-A
APN
16-31-303-032
UPID
US86-0440408
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
$841k
Blend (final)
Blend
$880k
Owner & transaction history
3793 South State Street Management · 4 yrs held
3793 South State Street Management
since 2021
7 recorded transactions
Zoning & alternative use
ZBUS-A · South Salt Lake, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$860,000
+17.3%
Medical building
$825,000
+12.6%
Commercial (general)
$750,000
+2.2%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$735,000
Current use
RESTAURANT
$860,000
Change: +17% · Conversion: Easy
MEDICAL BUILDING
$825,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$750,000
Change: +2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$605,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$141 / 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
$14,166
Tax year 2023
Assessed value
$1,209,800
Assessed 2023
Previous assessed
$1,209,800
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$831,100
Assessed improvement
$378,700
Land market value
$831,100
Improvement market value
$378,700
Total market value
$1,209,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1949
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Units
1
Rooms
7
Bathrooms
1
Total area
6,254 SF
Lot
0.81 ac (35,284 SF)
Zoning code
ZBUS-A
APN
16-31-303-032
UPID
US86-0440408
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$735,000
RESTAURANT
Est. value
$860,000
MEDICAL BUILDING
Est. value
$825,000
COMMERCIAL (GENERAL)
Est. value
$750,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$605,000
RETAIL STORES Current
RESTAURANT
MEDICAL BUILDING
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1949
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
7
Bathrooms
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
3793 South State Street Management
Entity
Mailing address
3793 S STATE ST 1912TH CANADA BLVD, GLENDALE, CA 91208
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2021
—
3793 South State Street Management
Cfp One LLC
Warranty Deed
$950,000 · Cyprus FCU
Jul 1, 2021
—
Utah Department Of Transportation
Cfp One LLC
Warranty Deed
—
Oct 13, 2016
—
Cfp One LLC
—
Deed
related
$500,000 · Wells Fargo Bk
Oct 27, 2008
—
Cfp One LLC
Jan Properties LLC
Warranty Deed
$900,000 · Standard Insurance Co
Oct 15, 2004
—
Clinical Care Services LLC
Jan Properties LLC
Grant Deed
related
—
Jun 7, 2004
—
J A N Properties LLC
Katina,glezos Est
Grant Deed
$559,501 · Zions First National Bank
—
—
Jan Properties LLC
—
Deed Of Trust
related
$552,435 · Zions First National Bank
—
—
Jan Properties LLC
—
Deed Of Trust
related
$152,000 · Zions First National Bank
—
—
Cfp One LLC
—
Deed Of Trust
related
$500,000 · Wells Fargo Bk
—
—
Jan Properties LLC
—
Deed Of Trust
related
$259,000 · Mountain W Small Busn Fin
—
—
Jan Properties LLC
—
Deed Of Trust
related
$673,812 · Zions First National Bank
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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