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Property profile & analytics
OFF-MARKET
Estimated value
$23,910,000
Investment properties
6350 3000th E, Salt Lake City, UT 84121-6937
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US86-0568029
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2004
Construction
CONCRETE
Total area
133,694 SF
Lot
1.01 ac (43,996 SF)
Zoning code
O-R-D
APN
22-23-177-011
UPID
US86-0568029
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
-
Blink Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.39M
Comparable Approach
Comparable
$19.43M
Blend (final)
Blend
$23.91M
Owner & transaction history
Old Mill Corporate Center III LLC · 20 yrs held
Old Mill Corporate Center III LLC
since 2005
3 recorded transactions
Zoning & alternative use
O-R-D · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$36.9M
+130.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$30,750,000
6.5%
$28,385,000
7%
$26,355,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$16,035,000
Current use
APARTMENT HOUSE (5+ UNITS)
$36,885,000
Change: +130% · Conversion: Moderate
RESTAURANT
$14,500,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$23.91M
Range $21.52M – $26.30M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$179 / 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
$337,449
Tax year 2023
Assessed value
$34,599,500
Assessed 2023
Previous assessed
$34,599,500
+0.0% YoY
Effective rate
0.98%
On assessed value
Assessed land
$1,000,900
Assessed improvement
$33,598,600
Land market value
$1,000,900
Improvement market value
$33,598,600
Total market value
$34,599,500
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2004
Construction
CONCRETE
Heating
HOT WATER
Cooling
CENTRAL
Buildings
4
Stories
2
Units
1
Rooms
11
Bathrooms
3
Total area
133,694 SF
Lot
1.01 ac (43,996 SF)
Zoning code
O-R-D
APN
22-23-177-011
UPID
US86-0568029
Jurisdiction
SALT LAKE
Zoning & alternative use
O-R-D · Salt Lake City, UT
Zoning O-R-D · permitted uses
O-R-D · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$16.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$36.9M
RESTAURANT
Est. value
$14.5M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
4
Units
1
Rooms
11
Bathrooms
3
Lot
1.01 ac
Current owner
From public records · entity-resolved
Old Mill Corporate Center III LLC
Entity
Mailing address
6322 S PO BOX 712320TH E, SALT LAKE CITY, UT 84171-2320
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2005
—
Old Mill Corporate Center III LLC
Old Mill Corporate Center Parking F
Special Warranty Deed
$18,500,000 · Bank Of America NA
Oct 27, 2004
—
Old Mill Corporate Center III
Questar Gas
Quit Claim Deed
related
—
Oct 19, 2001
—
Sims Trust
Healthrider INC
Trustees 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.
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