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Property profile & analytics
OFF-MARKET
Retail space
420 Redwood Rd 162 North Salt Lake, UT 84054-2809
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0412363
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
2,152 SF
Lot
0.01 ac (436 SF)
Zoning code
MD
APN
01-422-0171
UPID
US86-0412363
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
-
State Farm: Matt Howard Insurance Agency
-
Mushin Self Defense Training Center Sports School
-
Trisha Taylor Dental Office
-
Redwood Tax Tax Preparation
-
Quiznos Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Independent Prop Invs LLC · 6 yrs held
Independent Prop Invs LLC
since 2019
7 recorded transactions
Zoning & alternative use
MD · North Salt Lake, 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 North Salt Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Salt Lake 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,380
Tax year 2023
Assessed value
$131,761
Assessed 2023
Previous assessed
$131,761
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$1,796
Assessed improvement
$129,964
Land market value
$3,267
Improvement market value
$236,299
Total market value
$239,566
Applied tax rate
244.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
2,152 SF
Lot
0.01 ac (436 SF)
Zoning code
MD
APN
01-422-0171
UPID
US86-0412363
Jurisdiction
DAVIS
Zoning & alternative use
MD · North Salt Lake, UT
Zoning MD · permitted uses
MD · North Salt Lake, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Salt Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
0.01 ac
Current owner
From public records · entity-resolved
Independent Prop Invs LLC
Entity
Free & Clear · 6 yrs held
Mailing address
1083 BRINLEY LN, FRUIT HEIGHTS, UT 84037-2717
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2019
—
Independent Prop Invs LLC
Independent Prop Invs LLC
Quit Claim Deed
related
—
Nov 16, 2018
—
Independent Prop Invs LLC
Sahara Redwood LLC
Correction Deed
related
—
Nov 7, 2017
—
Independent Property Invs LLC
Independent Property Invs LLC
Quit Claim Deed
related
—
Jan 8, 2016
—
Independent Property Invs LLC
Sahara Redwood LLC
Warranty Deed
related
—
Apr 7, 2015
—
Sahara Redwood LLC
Sahara Redwood Partners LLC
Quit Claim Deed
related
$1,890,000 · Golden West FCU
Aug 7, 2014
—
Leftfield Partners LLC
Scott L Johnson
Grant Deed
related
—
Jul 12, 2013
—
Scott L Johnson
Sahara Redwood Partners LLC
Warranty Deed
related
—
Dec 29, 2011
—
Sahara Redwood Partners LLC
Dgs Investment LLC
Warranty Deed
$650,000 · Gary Nelson
—
—
Sahara Redwood LLC
—
Deed Of Trust
related
$495,000 · Smatko S J 2012 Tr (pt)
—
—
Leftfield Partners LLC
—
Deed Of Trust
related
$810,000 · Cache Vly 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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