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Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Hotels
5433 Wiley Post Way Salt Lake City, UT 84116-3719
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US86-0196880
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
2012
Total area
14,616 SF
Lot
1.62 ac (70,567 SF)
Zoning code
M-1
APN
07-36-303-006
UPID
US86-0196880
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
-
Best Western Plus Airport Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$865k
CAP Approach
CAP
$880k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$870k
Owner & transaction history
Krishna Hospitality LLC · 17 yrs held
Krishna Hospitality LLC
since 2008
7 recorded transactions
Zoning & alternative use
M-1 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+260.4%
Auto repair, garage
$1.1M
+206.4%
Neighborhood: shopping center
$700,000
+102.8%
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
$865,000
CAP Approach
CAP Return
Estimation
6%
$955,000
6.5%
$880,000
7%
$820,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,245,000
Change: +260% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,060,000
Change: +206% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$700,000
Change: +103% · Conversion: Difficult
WAREHOUSE, STORAGE
$635,000
Change: +84% · Conversion: Difficult
Blend value · Realmo final
$870k
Range $783k – $957k · ±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
$60 / 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
$62,233
Tax year 2023
Assessed value
$6,295,100
Assessed 2023
Previous assessed
$6,295,100
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$811,500
Assessed improvement
$5,483,600
Land market value
$811,500
Improvement market value
$5,483,600
Total market value
$6,295,100
Applied tax rate
13.0000
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
2012
Heating
NONE
Cooling
YES
Stories
3
Units
81
Total area
14,616 SF
Lot
1.62 ac (70,567 SF)
Zoning code
M-1
APN
07-36-303-006
UPID
US86-0196880
Jurisdiction
SALT LAKE
Zoning & alternative use
M-1 · Salt Lake City, UT
Zoning M-1 · permitted uses
M-1 · 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)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$700,000
WAREHOUSE, STORAGE
Est. value
$635,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
2012
Heating
NONE
Cooling
Yes
Stories
3
Units
81
Lot
1.62 ac
Current owner
From public records · entity-resolved
Krishna Hospitality LLC
Entity
Mailing address
5433 W WILEY POST WAY, SALT LAKE CITY, UT 84116-3719
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
—
Krishan Hospitality LLC
—
Deed
related
$850,000 · Jayco Premium Finance Of California INC
Mar 15, 2024
—
Krishna Hospitality LLC
—
Deed
related
$5,000,000 · Fairview Loans Vi LLC
Nov 9, 2016
—
Krishna Hospitality LLC
—
Deed
related
$6,075,000 · Natixis R/e Cap
Jun 2, 2011
—
Krishna Hospitality LLC
—
Trustees Deed
related
$3,642,928 · Bank Of Utah
Jul 22, 2008
—
Krishna Hospitality LLC
James Gaddis Investment Co Ltd
Grant Deed
—
Sep 21, 2007
—
James Gaddis Investment Co Ltd
Fae Holdings 395743r LLC
Grant Deed
—
Aug 28, 2007
—
Fae Holdings 395743r LLC
Trade Area Dev LLC
Grant Deed
—
—
—
Krishna Hospitality LLC
—
Deed Of Trust
related
—
—
—
Krishna Hospitality LLC
—
Deed Of Trust
related
$2,731,134 · Bank Of Utah
—
—
Krishna Hospitality LLC
—
Deed Of Trust
related
$1,963,000 · Utah Certified Development Co
—
—
Krishna Hospitality LLC
—
Deed Of Trust
related
$6,075,000 · Natixis R/e Cap
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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