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Property profile & analytics
OFF-MARKET Estimated value $235,000
Drive through restaurants

401 1st Ave Salt Lake City, UT 84103-2621

272 SF 0.09 ac lot Built 1967
Individually Owned 2-yr Hold Free & Clear
Property ID
US86-0393095
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1967
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 272 SF
Lot 0.09 ac (3,920 SF)
Zoning code RMF-35
APN 09-31-480-011
UPID US86-0393095
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
  • Java Jo's Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k
Owner & transaction history
Bahman Dadgari · 2 yrs held
Bahman Dadgari
since 2023
2 recorded transactions
2023
Price N/A
2003
Price N/A
Zoning & alternative use
RMF-35 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Salt Lake City is proposing to update the RMF-35 (Moderate Density Multi-Family) and RMF-45 (Moderate/High Density Multi-Family) zoning districts by combining them into a single district. This change aims to promote the development of more affordable and attainable housing while supporting residents in existing moderate-density neighborhoods. The primary foc…

Zone name Moderate Density Multifamily Residential District
General category RESIDENTIAL
Zone area 422.49 ac
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