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Property profile & analytics
OFF-MARKET
Estimated value
$10,555,000
Investment properties
383 Vine St Salt Lake City, UT 84123-4745
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0651929
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2005
Construction
CONCRETE
Total area
86,912 SF
Lot
6.02 ac (262,231 SF)
Zoning code
G-0
APN
21-12-327-036
UPID
US86-0651929
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
Current use
Occupant on record · Public records
-
Love Infusion Pharmacy Pharmacy
-
Interprofessional Continuing Education | Intermountain Healthcare Training Center Tutoring Service
-
Intermountain Healthcare-Business Offices Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.58M
Blend (final)
Blend
$10.56M
Owner & transaction history
Ihc Health Services INC · 7 yrs held
Ihc Health Services INC
since 2019
5 recorded transactions
Zoning & alternative use
G-0 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$10.8M
+1.3%
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 Salt Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salt Lake City 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
COMMERCIAL (GENERAL)
$10,680,000
Current use
RESTAURANT
$10,820,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$9,390,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$10.56M
Range $9.50M – $11.61M · ±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
$121 / 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
$130,277
Tax year 2023
Assessed value
$15,221,000
Assessed 2023
Previous assessed
$15,221,000
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$3,161,000
Assessed improvement
$12,060,000
Land market value
$3,161,000
Improvement market value
$12,060,000
Total market value
$15,221,000
Applied tax rate
21.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2005
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
4
Units
4
Total area
86,912 SF
Lot
6.02 ac (262,231 SF)
Zoning code
G-0
APN
21-12-327-036
UPID
US86-0651929
Jurisdiction
SALT LAKE
Zoning & alternative use
G-0 · Salt Lake City, UT
Zoning G-0 · permitted uses
G-0 · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salt Lake City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$10.7M
RESTAURANT
Est. value
$10.8M
MEDICAL BUILDING
Est. value
$9.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
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
2005
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
4
Units
4
Lot
6.02 ac
Current owner
From public records · entity-resolved
Ihc Health Services INC
Entity
Free & Clear · 7 yrs held
Mailing address
36 S STATE ST, SALT LAKE CITY, UT 84111-1401
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2019
—
Ihc Health Services INC
Anthem Properties LLC
Grant Deed
related
—
Mar 13, 2006
—
Murray City
Carl B Barney
Quit Claim Deed
related
—
Apr 4, 2005
—
Anthem Properties LLC
Carl B Barney
Warranty Deed
related
—
—
—
Anthem Properties LLC
—
Deed Of Trust
related
$8,800,000 · Jp Morgan Chase Bk
—
—
Anthem Properties LLC
—
Loan Modification
related
$500,000 · Jp Morgan Chase Bk
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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