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Property profile & analytics
OFF-MARKET
Individual retail properties
558 Redwood Rd 17 Salt Lake City, UT 84116-2480
Entity Owned
3-yr Hold
Free & Clear
Property ID
US86-0057454
Property profile
Verified
Property type
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Year built
1992
Construction
WOOD FRAME
Total area
1,440 SF
Lot
0.02 ac (871 SF)
Zoning code
RMF30
APN
08-34-204-017
UPID
US86-0057454
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
-
Salt Lake Trailer Rental Car Rental Facility
-
Mi vida Hotel & Motel
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
Newcomers LLC · 3 yrs held
Newcomers LLC
since 2022
7 recorded transactions
Zoning & alternative use
RMF30 · 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
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
$672
Tax year 2023
Assessed value
$123,500
Assessed 2023
Previous assessed
$123,500
+0.0% YoY
Effective rate
0.54%
On assessed value
Assessed land
$8,400
Assessed improvement
$115,100
Land market value
$8,400
Improvement market value
$115,100
Total market value
$123,500
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
Individual retail properties
Use group
LAUNDROMAT (SELF-SERVICE)
Status
Off-Market
Year built
1992
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
9
Bathrooms
1
Total area
1,440 SF
Lot
0.02 ac (871 SF)
Zoning code
RMF30
APN
08-34-204-017
UPID
US86-0057454
Jurisdiction
SALT LAKE
Zoning & alternative use
RMF30 · Salt Lake City, UT
Zoning RMF30 · permitted uses
RMF30 · 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.
Building & site characteristics
From public records
Year built
1992
Construction
WOOD FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
9
Bathrooms
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Newcomers LLC
Entity
Free & Clear · 3 yrs held
Mailing address
558 N REDWOOD RD #17, SALT LAKE CITY, UT 84116-2480
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2022
—
Newcomers LLC
New Comers Daycare LLC
Warranty Deed
—
Jun 25, 2020
—
New Comers Daycare LLC
Neil R Shaw
Warranty Deed
—
Oct 21, 2015
—
Neil R Shaw
Shaw Family R/e LLC 1
Quit Claim Deed
—
May 14, 2009
—
Shaw Family R/e LLC 1
Shaw,neil R & Julie S
Quit Claim Deed
related
—
Oct 1, 2007
—
Neil R Shaw
Shaw Family R/e LLC 1
Quit Claim Deed
related
—
Sep 12, 2007
—
Shaw Family R/e LLC 1
Shaw,neil & Julie
Quit Claim Deed
related
—
Jul 9, 1996
—
Mats A Kinnison
Kinnison,mats
Quit Claim Deed
related
$45,000 · Mission Hills Mortgage
Apr 15, 1996
—
Mats Kinnison
Riverside Cove Condo Ltd
Grant Deed
$54,500 · Seller
Apr 4, 1996
—
Riverside Cove Condos Ltd
Naumu,michael S & Marcella B
Grant Deed
related
—
—
—
Neil R Shaw
—
Deed Of Trust
related
$45,830 · America First FCU
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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