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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Investment properties
4030 State St Salt Lake City, UT 84107-1511
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-1346413
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
17,418 SF
Lot
1 ac (43,560 SF)
Zoning code
C3
APN
16-31-351-041
UPID
US86-1346413
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
-
Alpine Home Medical Medical Supply Store Medical Equipment Supplier
-
Alpine Vein Screenings Medical Clinic
-
Amazon Hub Counter - Alpine Home Medical Postal Service Courier Service
-
Amazon Hub Counter - Alpine Home Medical - Salt La Postal Service Courier Service
-
Alpine Home Medical Supplies | Medical Supply Store | Salt Lake City UT Medical Supply Store Medical Equipment Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$885k
Owner & transaction history
Alpine Hm Medical Equipment Lc · 20 yrs held
Alpine Hm Medical Equipment Lc
since 2006
7 recorded transactions
Zoning & alternative use
C3 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,395,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$885k
Range $797k – $974k · ±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
$51 / 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
$29,836
Tax year 2023
Assessed value
$2,464,800
Assessed 2023
Previous assessed
$2,464,800
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$712,800
Assessed improvement
$1,752,000
Land market value
$712,800
Improvement market value
$1,752,000
Total market value
$2,464,800
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
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
2
Stories
2
Total area
17,418 SF
Lot
1 ac (43,560 SF)
Zoning code
C3
APN
16-31-351-041
UPID
US86-1346413
Jurisdiction
SALT LAKE
Zoning & alternative use
C3 · Salt Lake City, UT
Zoning C3 · permitted uses
C3 · 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
AUTO REPAIR, GARAGE
Est. value
$1.4M
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
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
2
Buildings
2
Lot
1 ac
Current owner
From public records · entity-resolved
Alpine Hm Medical Equipment Lc
Individual
Mailing address
132 E 13065TH S STE #200, DRAPER, UT 84020-5646
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Dec 14, 2016
—
Broadbent & Mcdonald Building
—
Deed
related
$1,060,000 · Bank Of The West
Feb 28, 2006
—
Alpine Hm Medical Equipment Lc
Broadbent & Mcdonald Building
Grant Deed
related
—
Apr 5, 2005
—
Broadbent Building
Dkrs
Warranty Deed
$1,620,000 · Bank Of American Fork
Mar 31, 2005
—
Dkrs INC
Dkrs INC
Quit Claim Deed
related
—
Mar 23, 2005
—
Dkrs INC
Dkrs INC
Quit Claim Deed
related
—
—
—
Broadbent & Mcdonald Building
—
Deed Of Trust
related
$1,060,000 · Bank Of The West
—
—
Broadbent Building
—
Deed Of Trust
related
$745,000 · Utah Certified Dev Co
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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