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Property profile & analytics
OFF-MARKET
Estimated value
$240,000
Drive through restaurants
5055 State St Salt Lake City, UT 84107-4824
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US86-0098773
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1955
Construction
WOOD FRAME
Total area
1,806 SF
Lot
0.21 ac (9,148 SF)
Zoning code
CDC
APN
22-07-157-021
UPID
US86-0098773
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
-
Fiiz Drinks Cafe & Coffee Shop Take-out & Catering
-
Timeshare Travel Travel Agency
-
Ivy Lane Pediatrics Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$260k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$240k
Owner & transaction history
B & H Property Holdings LLC · 7 yrs held
B & H Property Holdings LLC
since 2019
5 recorded transactions
Zoning & alternative use
CDC · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$240k
Range $216k – $264k · ±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
$133 / 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
$9,638
Tax year 2023
Assessed value
$1,126,100
Assessed 2023
Previous assessed
$1,126,100
+0.0% YoY
Effective rate
0.86%
On assessed value
Assessed land
$240,700
Assessed improvement
$885,400
Land market value
$240,700
Improvement market value
$885,400
Total market value
$1,126,100
Applied tax rate
21.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1955
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
1,806 SF
Lot
0.21 ac (9,148 SF)
Zoning code
CDC
APN
22-07-157-021
UPID
US86-0098773
Jurisdiction
SALT LAKE
Zoning & alternative use
CDC · Salt Lake City, UTZoning CDC · permitted uses
CDC · Salt Lake City, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1955
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
B & H Property Holdings LLC
Entity
Mailing address
5055 S STATE ST STE #215, SALT LAKE CITY, UT 84107-4824
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Apr 20, 2021
—
B&h Property Holdings LLC
—
Deed
related
$1,025,300 · America First FCU
Feb 12, 2019
—
B & H Property Holdings LLC
Monkeybean State LLC
Warranty Deed
$425,000 · Monkeybean Ents LLC
Dec 24, 2013
—
Monkeybean State LLC
Corbran,jessica
Warranty Deed
—
May 8, 2013
—
Jessica Corbran
Timeshare Travel & Assocs INC
Warranty Deed
$250,000 · Timeshare Travel & Assocs INC
Oct 23, 2000
—
Timeshare Travel & Associates
Utah Central Cu
Grant Deed
$168,000 · Utah Central Cu
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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