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Property profile & analytics
OFF-MARKET Estimated value $290,000
Turn key restaurants

564 3rd Ave Salt Lake City, UT 84103-2974

2,580 SF 0.1 ac lot Built 1912
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US86-0318088
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1912
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,580 SF
Lot 0.1 ac (4,356 SF)
Zoning code SR-1A
APN 09-31-479-002
UPID US86-0318088
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
  • Wildwood Restaurant
  • gonzo's candies Specialty Food Shop Candy Store
  • Avenues Bistro On Third Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k
Owner & transaction history
Rubys LLC · 7 yrs held
Rubys LLC
since 2019
2 recorded transactions
2019
Price N/A
1969
Price N/A
Zoning & alternative use
SR-1A · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Salt Lake City Planning has recently launched Expanding Housing Options (EHO). EHO is a change to zoning rules in the R-1, R-2, SR-1, and SR-1A zoning districts that would give property owners in lower-density neighborhoods more options for how they use their property . The changes would create gentle infill opportunities to build more types of housing, like…

Zone name Special Development Pattern Residential
General category RESIDENTIAL
Zone area 500.81 ac
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