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Property profile & analytics
OFF-MARKET
Office buildings
490 1000th N North Salt Lake, UT 84054-1926
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-0452213
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,431 SF
Lot
0.35 ac (15,246 SF)
Zoning code
CS
APN
06-095-0060
UPID
US86-0452213
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
-
XLR8 Motors Car Dealership
-
Reynolds Auto Care Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tahoc 2636 LLC · 4 yrs held
Tahoc 2636 LLC
since 2022
7 recorded transactions
Zoning & alternative use
CS · North Salt Lake, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
To provide areas in appropriate locations where a combination of businesses, retail commerce, entertainment and related activities may be established, maintained and protected
Zone name
Commercial Shopping
General category
COMMERCIAL
Zone area
32.79 ac
Source
Realmo
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 North Salt Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Salt Lake 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,614
Tax year 2023
Assessed value
$143,786
Assessed 2023
Previous assessed
$143,786
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$88,045
Assessed improvement
$55,740
Land market value
$160,083
Improvement market value
$101,347
Total market value
$261,430
Applied tax rate
344.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
2,431 SF
Lot
0.35 ac (15,246 SF)
Zoning code
CS
APN
06-095-0060
UPID
US86-0452213
Jurisdiction
DAVIS
Zoning & alternative use
CS · North Salt Lake, UTZoning CS · permitted uses
CS · North Salt Lake, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
To provide areas in appropriate locations where a combination of businesses, retail commerce, entertainment and related activities may be established, maintained and protected
Zone name
Commercial Shopping
General category
COMMERCIAL
Zone area
32.79 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Tahoc 2636 LLC
Entity
Mailing address
989 N HWY 89, NORTH SALT LAKE, UT 84054-1929
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 15, 2022
—
Tahoc 2636 LLC
Griffins Golden Glow Nsl LLC
Warranty Deed
$545,000 · Cache Valley Bank
Feb 23, 2021
—
Griffins Golden Glow Nsl LLC
—
Deed
related
$540,000 · Graham Mortgage
Sep 30, 2020
—
Griffins Golden Glow Nsl LLC
Altus Motors INC
Warranty Deed
—
Jun 23, 2015
—
Altus Motors INC
Burns Jack Trust
Warranty Deed
$250,000 · Burns Jack Trust (pt)
Sep 16, 2010
—
Burns Jack Trust
Burns,jack
Quit Claim Deed
related
—
Jan 25, 2010
—
Jack Burns
Western Area Collection Of Intern
Grant Deed
related
—
May 25, 2005
—
Harris Judy Trust
Gw Investment
Grant Deed
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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