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    480 Wakara Way Salt Lake City, UT 84108-1211
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    Property profile & analytics

    480 Wakara Way, Salt Lake City, UT 84108-1211

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    • Hotels
    • 199,626 SF
    • 0.01 lot acres
    Off-Market
    Last Sale Nov 8, 2021
    Property ID
    US86-0151951
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,145,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Martiott / Hotel & Motel
    • Salt Lake City Marriott University Park / Hotel & Motel
    • Thistle & Thyme / Restaurant
    • Starbucks / Cafe & Coffee Shop
    • ATM / Atm

    Property Details for 480 Wakara Way

    Year built
    1987
    Construction
    CONCRETE
    Lot size
    0.01 lot acres
    Zone code
    RP
    Property type
    Hotels
    Property subtype
    Motels
    APN
    16-03-300-002-2021
    APU
    16033000022021

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 30, 2025 — Hosp Slcut Un LLC — Deed · related $34M · Servisfirst Bank
    Dec 8, 2021 — Hosp Slcut Un LLC Gfig Utah One LLC Correction Deed · related —
    Nov 8, 2021 — Hosp Slcut Un LLC Gfig Utah One LLC Special Warranty Deed $21.4M · Us Bank NA
    Nov 3, 2021 — Hosp Slcut Un LLC Gfig Utah One LLC Assignment Of Lease (leasehold Sale) —
    Jan 11, 2019 — Gfig Utah One LLC B & T Utah Hotels I LLC Quit Claim Deed · related $21.4M · Cantor Com'l R/e Lndg
    Nov 2, 2010 — Salt Lake Hotel Owner 2010 LLC Sunstone Op Properties LLC Quit Claim Deed · related —
    — — B & T Utah Hotels I LLC — Deed Of Trust · related $11.8M · Us Bank NA
    — — B & T Utah Hotels I LLC — Deed Of Trust · related $14M · Zions First Nat'l Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $4,980,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.83
    Latitude
    40.7592
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $272,529
    $100
    $27,567,100
    $27,567,200
    -
    $100
    $27,567,100
    $27,567,200
    More about this property
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