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Property profile & analytics
FOR LEASE
Retail space
6051 S 900 E Salt Lake City, UT 84121
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US86-0404536
For Lease
1 / 2
$3,500/Mo
6051 S 900 E, Salt Lake City, UT 84121
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1942
Total area
3,233 SF
Lot
0.3 ac (13,068 SF)
Zoning code
CNC
APN
22-17-379-023
UPID
US86-0404536
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
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
Kinser Ventures LLC · 2 yrs held
Kinser Ventures LLC
since 2024
7 recorded transactions
Zoning & alternative use
CNC · Murray, 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
$6,970
Tax year 2023
Assessed value
$649,100
Assessed 2023
Previous assessed
$649,100
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$301,400
Assessed improvement
$347,700
Land market value
$301,400
Improvement market value
$347,700
Total market value
$649,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1942
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Units
2
Rooms
7
Bathrooms
1
Total area
3,233 SF
Lot
0.3 ac (13,068 SF)
Zoning code
CNC
APN
22-17-379-023
UPID
US86-0404536
Jurisdiction
SALT LAKE
Zoning & alternative use
CNC · Murray, UT
Zoning CNC · permitted uses
CNC · Murray, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murray. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1942
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
2
Rooms
7
Bathrooms
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Kinser Ventures LLC
Entity
Mailing address
969 E MEREWOOD CT, SANDY, UT 84094-6318
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2024
—
Kinser Ventures LLC
—
Deed
related
$335,000 · Mountain West Small Business Finance
Feb 28, 2024
—
Kinser Ventures LLC
Dn Property LLC
Warranty Deed
$404,250 · Hillcrest Bank
Oct 29, 2021
—
Mission Investments LLC
Dn Property LLC
Intrafamily Transfer
related
—
Jul 9, 2019
—
Mission Investments LLC
Wilson,larry
Warranty Deed
—
Nov 12, 2015
—
Larry Wilson
Parrish,nathan M
Warranty Deed
—
Sep 27, 2013
—
Nathan M Parrish
Jensen B A Trust
Warranty Deed
—
May 19, 2008
—
Tesoro Land Developers LLC
Deseret Sky Dev LLC
Quit Claim Deed
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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