Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3951 5400th S Taylorsville, UT 84129-3550
    Property profile & analytics

    3951 5400th S, Taylorsville, UT 84129-3550

    View on Map
    • Bowling alleys
    • 21,407 SF
    • 1.13 lot acres
    Off-Market
    Last Sale Jan 14, 2025
    Property ID
    US86-0515855
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,140,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 3951 5400th S

    Year built
    1956
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    1.13 lot acres
    Zone code
    C-2
    Property type
    Bowling alleys
    APN
    21-17-101-084
    APU
    2117101084

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 14, 2025 — Mickis Properties Corporation Larsen & Chrans Properties LLC Warranty Deed $2.1M · Celtic Bank Corporation
    May 31, 2019 — Larsen & Chrans Properties LLC Mitchell,myron H Warranty Deed · related —
    Jul 17, 2018 — Larsen & Chrans Properties LLC Mitchell,myron H Warranty Deed —
    Jun 19, 2018 — Larsen & Chrans Properties LLC — Deed · related $640k · Myron H Mitchell
    Dec 4, 2017 — Larsen And Chrans Properties LLC Myron H Mitchell Warranty Deed $1.7M · First Utah Bank
    Mar 6, 2014 — Myron H Mitchell Mitchell,jason L Quit Claim Deed · related —
    Dec 31, 2009 — Jason L Mitchell Mitchells Grub Box Props LLC Quit Claim Deed $1.7M · Mitchell's Grub Box Props LLC
    Jun 1, 2007 — Mitchells Grub Box Props LLC 5-7-10 Investments Grant Deed $1.4M · 5-7-10 Investments
    — — Myron H Mitchell — Deed Of Trust · related $1.3M · Bank Of American Fork
    — — Larsen & Chrans Properties LLC — Deed Of Trust · related $640k · Myron H Mitchell
    — — Mitchells Grub Box Props LLC — Deed Of Trust · related $501k · Heritage Investment & Dev Corp

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Taylorsville
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.985
    Latitude
    40.6525
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,391
    $763,800
    $1,185,400
    $1,949,200
    -
    $763,800
    $1,185,400
    $1,949,200

    Comparable in this City

    • Value Estimation
      $2,475,000
      57,772 SF

      2523 Taylorsville Blvd

      THEATER (MOVIE)
      2523 Taylorsville Blvd, Salt Lake City, UT 84129
      View Details
    • Value Estimation by Request
      0.61 Acres

      2930 4700th S

      THEATER (MOVIE)
      2930 4700th S, Taylorsville, UT 84129-2554
      View Details
    • Value Estimation by Request
      0.50 Acres

      4720 2200th W

      THEATER (MOVIE)
      4720 2200th W, Taylorsville, UT 84129-1670
      View Details
    • Value Estimation by Request
      1,375 SF

      1811 6200th S

      THEATER (MOVIE)
      1811 6200th S, Taylorsville, UT 84129-1466
      View Details
    • Value Estimation by Request
      1.00 Acre

      2011 4700th S

      THEATER (MOVIE)
      2011 4700th S, Taylorsville, UT 84129-1107
      View Details
    • Value Estimation by Request
      0.60 Acres

      2930 4700th S

      THEATER (MOVIE)
      2930 4700th S, Taylorsville, UT 84129-2554
      View Details

    Similar Nearby for Sale

    • $1,175,000

      West Valley City Investment Property

      3,472 SF lube and oil service center for sale.
      4650 Constitution Blvd, Salt Lake City, UT 84129
      View Details
    • Contact for pricing

      Land For Sale or Lease

      0.37 acres of raw land with high visibility.
      6186 W Prairie View Dr, Salt Lake City, UT 84129
      View Details
    • Contact for pricing
      2,988 SF

      3840 W 5400 S, Salt Lake City, UT 84129

      Flex space
      3840 W 5400 S, Salt Lake City, UT 84129
      View Details
    • Contact for pricing
      7,125 SF

      Taylorsville Retail Property For Sale

      Retail property in Taylorsville, Utah, totaling 7,125 square feet.
      3337 W 6200 S, Taylorsville, UT 84129
      View Details
    • Contact for pricing
      57,574 SF

      Retail Property in Central Location

      Retail property in established Salt Lake Valley retail corridor.
      5345 S 4015 W, Taylorsville, UT 84129
      View Details
    • Contact for pricing

      Commercial Land Parcel in Taylorsville

      Flat commercial land parcel with drive approach and curb cut.
      5492 S 3200 W, Taylorsville, UT 84129
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,606 SF

      Retail Space Near College Campus

      Retail space available near Salt Lake Community College campus.
      1757-1935 W 4700 S, Salt Lake City, UT 84129
      View Details
    • Contact for pricing

      Land Near Salt Lake College

      Commercial land available for rent near Salt Lake Community College.
      1807 W 4700 S, Taylorsville, UT 84129
      View Details
    • Contact for pricing
      3,360 SF

      Retail Space in Westwood Center

      Retail spaces available in Taylorsville's Westwood Shopping Center.
      2572 W 4700 S, Taylorsville, UT 84129
      View Details
    • Contact for pricing
      1,575 SF

      Office Space in Central Valley

      Sublease office space available through November 30, 2028.
      2964 W 4700 S, Salt Lake City, UT 84129
      View Details
    • Contact for pricing
      2,556 SF

      Taylorsville Office Space Available

      Class A office space for rent in Taylorsville, Utah.
      4237-4261 South 2700 W, Taylorsville, UT 84129
      View Details
    • Contact for pricing
      154,190 SF

      Class A Office Space Available

      Class A office space for rent in Taylorsville, Utah.
      Taylorsville, UT 84129
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3951 5400th S
    Taylorsville, UT 84129-3550
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3951 5400th S, Taylorsville, UT, 84129
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!