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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Retail space
4306 State St Salt Lake City, UT 84107-2620
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US86-0876009
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2016
Total area
10,824 SF
Lot
0.71 ac (30,928 SF)
Zoning code
C-D-C
APN
22-06-151-033
UPID
US86-0876009
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
-
CARQUEST AUTO PARTS #3954 Auto Parts Store
-
UPS Access Point location Courier Service Postal Service
-
Advance Auto Parts Auto Parts Store
-
Prime Acceptance Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$595k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.09M
Blend (final)
Blend
$845k
Owner & transaction history
Utah Dept Of Transportation · 6 yrs held
Utah Dept Of Transportation
since 2020
4 recorded transactions
Zoning & alternative use
C-D-C · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+39.8%
Restaurant
$1.0M
+35.7%
Warehouse, storage
$1.0M
+33.4%
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
$595,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$760,000
Current use
COMMERCIAL (GENERAL)
$1,065,000
Change: +40% · Conversion: Easy
RESTAURANT
$1,035,000
Change: +36% · Conversion: Easy
WAREHOUSE, STORAGE
$1,015,000
Change: +33% · Conversion: Difficult
AUTO REPAIR, GARAGE
$865,000
Change: +14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$805,000
Change: +5% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$685,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±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
$78 / 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
$34,145
Tax year 2023
Assessed value
$3,909,000
Assessed 2023
Previous assessed
$3,909,000
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$821,300
Assessed improvement
$3,087,700
Land market value
$821,300
Improvement market value
$3,087,700
Total market value
$3,909,000
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
2016
Heating
NONE
Cooling
YES
Stories
1
Total area
10,824 SF
Lot
0.71 ac (30,928 SF)
Zoning code
C-D-C
APN
22-06-151-033
UPID
US86-0876009
Jurisdiction
SALT LAKE
Zoning & alternative use
C-D-C · Salt Lake City, UT
Zoning C-D-C · permitted uses
C-D-C · 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
RETAIL STORES Current
Est. value
$760,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
RESTAURANT
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$865,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$805,000
INDUSTRIAL (GENERAL)
Est. value
$685,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
RESTAURANT
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
2016
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Utah Dept Of Transportation
Entity
Free & Clear · 6 yrs held
Mailing address
2424 SE BRISTOL ST, NEWPORT BEACH, CA 92660-0762
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2020
—
Utah Dept Of Transportation
Awc Murray LLC
Warranty Deed
—
Oct 13, 2017
—
Awc Murray LLC
Tkc Ccxii LLC
Grant Deed
—
Oct 12, 2015
—
Tkc Ccxii LLC
Vision Dev Group LLC
Warranty Deed
$2,103,000 · Communityone Bk NA
Dec 10, 2013
—
Vision Dev Group LLC
Rhino Realty LLC
Warranty Deed
$500,000 · American Bk/commerce
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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