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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Medical Office Space
622 4500th S, Salt Lake City, UT 84107-2921
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US86-0463432
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2004
Construction
WOOD FRAME
Total area
18,888 SF
Lot
0.76 ac (33,106 SF)
Zoning code
GO
APN
22-06-431-005
UPID
US86-0463432
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
-
Rod Gleave DMD Dental Office
-
James M Williamson DMD Dental Office
-
Skinner Dental Dental Office
-
Holladay Hills Dental Dental Office
-
Emergency Dental Care Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
Ff Real Estate LLC · 2 yrs held
Ff Real Estate LLC
since 2024
7 recorded transactions
Zoning & alternative use
GO · 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
$40 / 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
Assessed value
$1,000
Assessed 2023
Previous assessed
$1,000
+0.0% YoY
Assessed land
$500
Assessed improvement
$500
Land market value
$500
Improvement market value
$500
Total market value
$1,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2004
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
YES
Stories
2
Units
4
Rooms
8
Bathrooms
1
Total area
18,888 SF
Lot
0.76 ac (33,106 SF)
Zoning code
GO
APN
22-06-431-005
UPID
US86-0463432
Jurisdiction
SALT LAKE
Zoning & alternative use
GO · Salt Lake City, UT
Zoning GO · permitted uses
GO · 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
2004
Construction
WOOD FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
4
Rooms
8
Bathrooms
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Ff Real Estate LLC
Entity
Mailing address
3757 E HERMES DR, SALT LAKE CITY, UT 84124-3337
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 4, 2024
—
Ff Real Estate LLC
Jtw Properties LLC
Warranty Deed
$800,000 · Jtw Properties LLC
Mar 23, 2022
—
Roberts Property Holdings LLC
Dr Greg A Roberts PC
Warranty Deed
$364,000 · Bank Of America NA
May 13, 2021
—
Dr Greg A Roberts P C
Roberts & Young LLC
Warranty Deed
$365,000 · America First FCU
Apr 13, 2005
—
Jtw Properties LLC
Williamson,james M & Trudy C
Grant Deed
related
—
Nov 10, 2004
—
Rodney Gleave
Young,david V
Warranty Deed
$300,000 · Zions First National Bank
Jul 16, 2004
—
Roberts & Young LLC
Skinner,jason D
Grant Deed
related
—
Jun 22, 2004
—
James M Williamson
Skinner,jason D
Grant Deed
$155,000 · Zions First National Bank
May 10, 2004
—
Jason Skinner
Young,david V
Quit Claim Deed
related
—
Aug 9, 2002
—
David V Young
Jewell,tr
Grant Deed
related
—
—
—
David V Young
—
Deed Of Trust
related
$1,368,750 · Zions First National Bank
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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