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Property profile & analytics
OFF-MARKET
Estimated value
$9,040,000
Investment properties
3995 700th E Salt Lake City, UT 84107-2152
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0570531
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1996
Construction
STEEL FRAME
Total area
86,995 SF
Lot
1.04 ac (45,302 SF)
Zoning code
C-2
APN
16-32-352-058
UPID
US86-0570531
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
-
Woodlands III Holding Bank Loan Service
-
CaseWorthy, Inc. (Bike/Boat/Book/etc) Store Corporate Office
-
National Life Group Insurance Agency
-
Wright Express Financial Corporation Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.38M
Blend (final)
Blend
$9.04M
Owner & transaction history
Woodlands III Holdings LLC · 2 yrs held
Woodlands III Holdings LLC
since 2023
7 recorded transactions
Zoning & alternative use
C-2 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.6M
+47.1%
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)
$8,555,000
Current use
MEDICAL BUILDING
$12,585,000
Change: +47% · Conversion: Easy
RESTAURANT
$8,305,000
Change: -3% · Conversion: Difficult
WAREHOUSE, STORAGE
$8,160,000
Change: -5% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,960,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$9.04M
Range $8.14M – $9.94M · ±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
$104 / 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
$186,428
Tax year 2023
Assessed value
$15,400,900
Assessed 2023
Previous assessed
$15,400,900
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$804,100
Assessed improvement
$14,596,800
Land market value
$804,100
Improvement market value
$14,596,800
Total market value
$15,400,900
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
1996
Construction
STEEL FRAME
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Units
15
Total area
86,995 SF
Lot
1.04 ac (45,302 SF)
Zoning code
C-2
APN
16-32-352-058
UPID
US86-0570531
Jurisdiction
SALT LAKE
Zoning & alternative use
C-2 · Salt Lake City, UT
Zoning C-2 · permitted uses
C-2 · 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
$8.6M
MEDICAL BUILDING
Est. value
$12.6M
RESTAURANT
Est. value
$8.3M
WAREHOUSE, STORAGE
Est. value
$8.2M
AUTO REPAIR, GARAGE
Est. value
$7.0M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RESTAURANT
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
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
1996
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Units
15
Lot
1.04 ac
Current owner
From public records · entity-resolved
Woodlands III Holdings LLC
Entity
Mailing address
595 S 80TH E STE #400, LOGAN, UT 84321-6845
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2023
—
Woodlands III Holdings LLC
—
Deed
related
$35,000,000 · America First FCU
Jul 16, 2020
—
Jdj Properties INC
—
Deed
related
$40,125,000 · Wells Fargo Bk
Jun 8, 2017
—
Jdj Properties INC
—
Loan Modification
related
$40,125,000 · Wells Fargo Bk
—
—
Jdj Properties INC|woodlands III Holdings LLC
—
Loan Modification
related
$39,000,000 · Wells Fargo Bk
—
—
Jdn Properties INC
—
Deed Of Trust
related
$480,000 · Key Bank Of Utah
—
—
Jdj Properties INC
—
Loan Modification
related
$40,125,000 · Wells Fargo Bk
—
—
Dell L Hansen
—
Deed Of Trust
related
$1,400,000 · Key Bank Of Utah
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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