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Property profile & analytics
OFF-MARKET
Retail residential properties
643 300th E, Salt Lake City, UT 84111-3701
Individually Owned
~
Est. High Equity
Property ID
US86-0214316
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
1927
Total area
3,519 SF
Lot
0.15 ac (6,534 SF)
Zoning code
1205
APN
16-06-386-002
UPID
US86-0214316
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
Gregory J Stubbs
Gregory J Stubbs
since 2025
7 recorded transactions
Zoning & alternative use
1205 · 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
—
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
$3,175
Tax year 2023
Assessed value
$583,900
Assessed 2023
Previous assessed
$583,900
+0.0% YoY
Effective rate
0.54%
On assessed value
Assessed land
$534,200
Assessed improvement
$49,700
Land market value
$534,200
Improvement market value
$49,700
Total market value
$583,900
Applied tax rate
1.0000
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 residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
1927
Heating
FORCED AIR
Stories
1
Units
2
Rooms
18
Bathrooms
4
Total area
3,519 SF
Lot
0.15 ac (6,534 SF)
Zoning code
1205
APN
16-06-386-002
UPID
US86-0214316
Jurisdiction
SALT LAKE
Zoning & alternative use
1205 · Salt Lake City, UT
Zoning 1205 · permitted uses
1205 · 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
1927
Heating
FORCED AIR
Stories
1
Units
2
Rooms
18
Bathrooms
4
Lot
0.15 ac
Current owner
From public records · entity-resolved
Gregory J Stubbs
Individual
Mailing address
643 S 300TH E, SALT LAKE CITY, UT 84111-3701
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2025
—
Gregory J Stubbs
Verdin Bodily Sterling
Personal Rep. Deed
$505,800 · American Pacific Mortgage Corp
Nov 16, 2012
—
Jeffrey V Bodily
Hud-housing Of Urban Dev
Grant Deed
$199,900 · Veritas Funding LLC
Aug 24, 2012
—
Hud-housing Of Urban Dev
Wells Fargo Bk NA
Grant Deed
—
May 18, 2011
$273,309
Fargo Bk NA Wells
Etitle Insurance Agency
Trustees Deed
related
—
May 23, 2006
—
Justin M Luke
Meline,robert
Warranty Deed
—
Jul 11, 2001
—
Robert Meline
Wells Fargo Bank Minnesota
Grant Deed
$118,600 · Wells Fargo Home Mortgage INC
Mar 2, 2001
—
Wells Fargo Bank Minnesota
Wyatt,adam
Trustees Deed
related
$143,565
Jul 27, 2000
$5,000
43 LLC
Call,budge W
Trustees Deed
—
Nov 3, 1999
—
4 3 LLC
Wyatt,adam
Grant Deed
related
—
Jan 5, 1998
—
Adam Wyatt
Maylor,robert G
Grant Deed
$145,425 · Southern Pacific Funding Corp
—
—
Robert Meline
—
Deed Of Trust
related
$129,400 · Wells Fargo Home Mortgage INC
—
—
Robert Meline
—
Deed Of Trust
related
$127,900 · Wells Fargo Home Mortgage INC
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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