Technical
Financial
Distress signals
Property profile

423 Broadway Salt Lake City, UT 84101

OFF-MARKET
Hotels
Property ID
US86-0284592
269,356 SF 1.11 ac lot Built 2005
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2005
Construction WOOD FRAME
Total area 269,356 SF
Lot 1.11 ac (48,352 SF)
Zoning code D-3
APN 15-01-180-002
UPID US86-0284592

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising IT Consulting Firm
  • Industrial Manufacturer Production Facility
  • Atm

Location

423 Broadway Salt Lake City, UT 84101-1239
Salt Lake City metro Census 102502 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.63M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.91M
Blend (final) Blend
$1.77M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2020
Price N/A
2016
Price N/A
2016
Price N/A
2004
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

D-3 · Salt Lake City, UT
Zoning description

The purpose of the D-3 Downtown Warehouse or Residential District is to provide for the reuse of existing warehouse buildings for multi family and mixed use while also allowing for continued retail, office and warehouse…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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