Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Investment properties
4636 Highland Dr Salt Lake City, UT 84117-5191
Entity Owned
14-yr Hold
Free & Clear
Property ID
US86-0441251
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1908
Construction
WOOD FRAME
Total area
5,175 SF
Lot
0.77 ac (33,541 SF)
Zoning code
2000
APN
22-04-451-012
UPID
US86-0441251
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
-
Rumors Hair and Nails Nail Salon
-
Abundant Life Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$798k
Blend (final)
Blend
$755k
Owner & transaction history
Brockbank 5 LLC · 14 yrs held
Brockbank 5 LLC
since 2012
5 recorded transactions
Zoning & alternative use
2000 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$710,000
+53.6%
Restaurant
$585,000
+26.5%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$460,000
Current use
MEDICAL BUILDING
$710,000
Change: +54% · Conversion: Easy
RESTAURANT
$585,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$146 / 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
$19,966
Tax year 2023
Assessed value
$1,812,680
Assessed 2023
Previous assessed
$1,812,680
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$901,390
Assessed improvement
$911,290
Land market value
$901,390
Improvement market value
$911,290
Total market value
$1,812,680
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
1908
Construction
WOOD FRAME
Heating
FORCED AIR
Buildings
4
Stories
1
Units
2
Total area
5,175 SF
Lot
0.77 ac (33,541 SF)
Zoning code
2000
APN
22-04-451-012
UPID
US86-0441251
Jurisdiction
SALT LAKE
Zoning & alternative use
2000 · Salt Lake City, UT
Zoning 2000 · permitted uses
2000 · 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
COMMERCIAL (GENERAL) Current
Est. value
$460,000
MEDICAL BUILDING
Est. value
$710,000
RESTAURANT
Est. value
$585,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RESTAURANT
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
1908
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Buildings
4
Units
2
Lot
0.77 ac
Current owner
From public records · entity-resolved
Brockbank 5 LLC
Entity
Free & Clear · 14 yrs held
Mailing address
2265 E MURRAY HOLLADAY RD, SALT LAKE CITY, UT 84117-5379
Ownership since
2012
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
May 24, 2012
—
Brockbank 5 LLC
Brockbank R R Trust
Quit Claim Deed
—
Jul 22, 2010
—
Brockbank Nathan A & R R Trust
Brockbank Leda A Trust
Quit Claim Deed
related
—
Aug 6, 2008
—
Brockbank Leda A Trust
Brockbank,roger R
Quit Claim Deed
related
—
—
—
Brockbank Leda A Trust
—
Deed Of Trust
related
$500,000 · Holladay Bank & Trust
—
—
Roger R Brockbank
—
Deed Of Trust
related
$75,000 · Holladay Bank & Trust
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4636 Highland Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
