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    Property profile & analytics

    5501 State St Salt Lake City, UT 84107-6030

    • Automotive properties
    • 8,408 SF
    • 2.06 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 07, 2023
    Location Intelligence
    Property ID
    US86-0352305
    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.

    Current Use by Public Records

    • DriveTime Used Cars / Car Dealer
    • NAP Sergio / Car Dealer

    Property Details for 5501 State St

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    2.06 lot acres
    Property size
    8,408 SF
    Zone code
    CDC
    Property type
    Automotive properties
    APN
    22-18-105-011
    APU
    2218105011

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.888
    Latitude
    40.6515
    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
    $30,277
    $1,615,900
    $1,921,600
    $3,537,500
    -
    $1,615,900
    $1,921,600
    $3,537,500

    Comparable in this City

    • Value Estimation by Request
      85,152 SF

      5500 State St

      VEHICLE SALES, RENTALS • 85,152 SF
      5500 State St, Salt Lake City, UT 84107-6031
      View Details
    • Value Estimation by Request
      45,163 SF

      4646 State St

      VEHICLE SALES, RENTALS • 45,163 SF
      4646 State St, Salt Lake City, UT 84107-3816
      View Details
    • Value Estimation by Request
      51,171 SF

      4528 State St

      VEHICLE SALES, RENTALS • 51,171 SF
      4528 State St, Salt Lake City, UT 84107-3814
      View Details
    • Value Estimation by Request
      13,753 SF

      4763 State St

      VEHICLE SALES, RENTALS • 13,753 SF
      4763 State St, Salt Lake City, UT 84107
      View Details
    • Value Estimation by Request
      32,554 SF

      5701 State St

      VEHICLE SALES, RENTALS • 32,554 SF
      5701 State St, Salt Lake City, UT 84107-6132
      View Details
    • Value Estimation by Request
      851 SF

      4277 State St

      VEHICLE SALES, RENTALS • 851 SF
      4277 State St, Salt Lake City, UT 84107-1514
      View Details

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    Similar Nearby for Lease

    • $0.15 SF/Yr

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      3,500 SF

      Retail Space with Drive-Thru Potential

      3,500 SF retail space near I-15 and IHC Hospital.
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    • $22 SF/Yr
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      Versatile Space Near Transportation Hub

      Adaptable space suitable for medical, retail, or office teams.
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      Remodeled Retail/Office Space Available

      Recently remodeled retail or office space in downtown Murray.
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      6,976 SF

      Prime Murray Retail Space Available

      6,976 SF Retail Space in Murray, UT
      196 Winchester St, Murray, UT 84107
      View Details

    Property Visit Statistics

    • Visits by month
      848
    • Visitors by month
      768
    • Avg Time on site
      60 min
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    5501 State St
    Salt Lake City, UT 84107-6030
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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