Property profile

642 University St Salt Lake City, UT 84102

OFF-MARKET
Assisted living facilities
Property ID
US86-0306354
3,100 SF 0.16 ac lot Built 1937
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1937
Total area 3,100 SF
Lot 0.16 ac (6,970 SF)
Zoning code R-2
APN 16-04-352-007
UPID US86-0306354

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

642 University St Salt Lake City, UT 84102-3213
Salt Lake City metro Census 101600 SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$350k

Owner & transaction history

since 2020
6 recorded transactions
2020
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2015
Price N/A
1997
Price N/A

Zoning & alternative use

R-2 · Salt Lake City, UT
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 neighborho…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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