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Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Medical Office Space
6280 Redwood Rd, Salt Lake City, UT 84123-6600
Individually Owned
25-yr Hold
~
Est. High Equity
Property ID
US86-0552383
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1994
Construction
CONCRETE
Total area
66,857 SF
Lot
2.09 ac (91,040 SF)
Zoning code
O-P
APN
21-22-130-025
UPID
US86-0552383
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
-
Nelson Laboratories LLC Medical Laboratory Health
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.73M
Owner & transaction history
Mcdonald Nelson Lc · 25 yrs held
Mcdonald Nelson Lc
since 2000
4 recorded transactions
Zoning & alternative use
O-P · 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
$41 / 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
Tax billed
$98,212
Tax year 2023
Assessed value
$8,689,000
Assessed 2023
Previous assessed
$8,689,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,183,500
Assessed improvement
$7,505,500
Land market value
$1,183,500
Improvement market value
$7,505,500
Total market value
$8,689,000
Applied tax rate
61.0000
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
1994
Construction
CONCRETE
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Total area
66,857 SF
Lot
2.09 ac (91,040 SF)
Zoning code
O-P
APN
21-22-130-025
UPID
US86-0552383
Jurisdiction
SALT LAKE
Zoning & alternative use
O-P · Salt Lake City, UT
Zoning O-P · permitted uses
O-P · 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
1994
Construction
CONCRETE
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Lot
2.09 ac
Current owner
From public records · entity-resolved
Mcdonald Nelson Lc
Individual
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2009
—
Mcdonald Nelson Lc
—
Deed Of Trust
related
$8,000,000 · Ge Com'l Finance Business Prop
Oct 5, 2000
—
Mcdonald Nelson Lc
Mcdonald Family Lc
Quit Claim Deed
related
$4,801,500 · Us Bank NA
Oct 20, 1994
—
Mcdonald Family Lc
Mcdonald,scott D
Quit Claim Deed
related
$1,400,000 · John Alden Life Insurance
—
—
Mcdonald Nelson
—
Deed Of Trust
related
$5,000,000 · General Electric Capital Busin
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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