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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Auto shops
425 900th N Salt Lake City, UT 84103-1463
Individually Owned
12-yr Hold
Free & Clear
Property ID
US86-0472381
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1943
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,000 SF
Lot
7.88 ac (343,253 SF)
Zoning code
M-1
APN
08-25-328-001
UPID
US86-0472381
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
-
TM SALT LAKE Warehouse & Storage
-
Village Trax Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$784k
Blend (final)
Blend
$615k
Owner & transaction history
Logistics Operations Ll Tesoro · 12 yrs held
Logistics Operations Ll Tesoro
since 2014
5 recorded transactions
Zoning & alternative use
M-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$925,000
+65.7%
Restaurant
$790,000
+41.6%
Retail stores
$650,000
+16.3%
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
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$560,000
Current use
MEDICAL BUILDING
$925,000
Change: +66% · Conversion: Difficult
RESTAURANT
$790,000
Change: +42% · Conversion: Difficult
RETAIL STORES
$650,000
Change: +16% · Conversion: Difficult
COMMERCIAL (GENERAL)
$640,000
Change: +15% · Conversion: Moderate
WAREHOUSE, STORAGE
$475,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$88 / 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
$30,848
Tax year 2023
Assessed value
$3,120,400
Assessed 2023
Previous assessed
$3,120,400
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$2,196,800
Assessed improvement
$923,600
Land market value
$2,196,800
Improvement market value
$923,600
Total market value
$3,120,400
Applied tax rate
13.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1943
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
5
Stories
1
Total area
7,000 SF
Lot
7.88 ac (343,253 SF)
Zoning code
M-1
APN
08-25-328-001
UPID
US86-0472381
Jurisdiction
SALT LAKE
Zoning & alternative use
M-1 · Salt Lake City, UT
Zoning M-1 · permitted uses
M-1 · 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 Current
Est. value
$560,000
MEDICAL BUILDING
Est. value
$925,000
RESTAURANT
Est. value
$790,000
RETAIL STORES
Est. value
$650,000
COMMERCIAL (GENERAL)
Est. value
$640,000
WAREHOUSE, STORAGE
Est. value
$475,000
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1943
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
5
Lot
7.88 ac
Current owner
From public records · entity-resolved
Logistics Operations Ll Tesoro
Individual
Free & Clear · 12 yrs held
Mailing address
13111 NWNW FWY STE #125, HOUSTON, TX 77040-6321
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2014
—
Logistics Operations Ll Tesoro
Tesoro Logistics Operations Ll
Quit Claim Deed
related
—
Jan 7, 2013
—
Logistics Operations Ll Tesoro
—
Deed Of Trust
related
$1,000,000,000 · Bank Of America
Apr 26, 2011
—
Logistics Operations Ll Tesoro
Tesoro Refining & Marketing Co
Quit Claim Deed
—
Apr 30, 2008
—
Tesoro Refining & Marketing Co
Union Pacific Railroad
Quit Claim Deed
related
—
—
—
Tesoro Logistics Operations Ll
—
Loan Modification
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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