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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Auto shops
652 Redwood Rd, Salt Lake City, UT 84104-3617
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0037109
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,400 SF
Lot
10.8 ac (470,448 SF)
Zoning code
CC
APN
15-10-126-055
UPID
US86-0037109
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
-
Tear A Part Auto Recycling Big Box & Wholesale Store Auto Parts Store
-
Tacos La Diana, LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$541k
Blend (final)
Blend
$550k
Owner & transaction history
Mantas Investments LLC · 15 yrs held
Mantas Investments LLC
since 2011
7 recorded transactions
Zoning & alternative use
CC · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$825,000
+111.1%
Medical building
$710,000
+82.5%
Restaurant
$610,000
+56.0%
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
$560,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$390,000
Current use
COMMERCIAL (GENERAL)
$825,000
Change: +111% · Conversion: Moderate
MEDICAL BUILDING
$710,000
Change: +82% · Conversion: Difficult
RESTAURANT
$610,000
Change: +56% · Conversion: Difficult
RETAIL STORES
$595,000
Change: +52% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$102 / 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
$45,058
Tax year 2023
Assessed value
$4,557,800
Assessed 2023
Previous assessed
$4,557,800
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$3,676,200
Assessed improvement
$881,600
Land market value
$3,676,200
Improvement market value
$881,600
Total market value
$4,557,800
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Buildings
4
Stories
1
Units
2
Rooms
7
Bathrooms
1
Total area
5,400 SF
Lot
10.8 ac (470,448 SF)
Zoning code
CC
APN
15-10-126-055
UPID
US86-0037109
Jurisdiction
SALT LAKE
Zoning & alternative use
CC · Salt Lake City, UT
Zoning CC · permitted uses
CC · 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
AUTO REPAIR, GARAGE Current
Est. value
$390,000
COMMERCIAL (GENERAL)
Est. value
$825,000
MEDICAL BUILDING
Est. value
$710,000
RESTAURANT
Est. value
$610,000
RETAIL STORES
Est. value
$595,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
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
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Buildings
4
Units
2
Rooms
7
Bathrooms
1
Lot
10.8 ac
Current owner
From public records · entity-resolved
Mantas Investments LLC
Entity
Mailing address
3380 S 500TH W, SOUTH SALT LAKE, UT 84115-4202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
—
Mantas Investments LLC
—
Deed
related
$8,000,000 · First Utah Bank
Apr 5, 2017
—
Mantas Investments LLC
—
Deed
related
$1,375,000 · First Utah Bank
Feb 15, 2011
—
Mantas Investments LLC
Mantas Investments LLC
Quit Claim Deed
related
—
Aug 31, 2005
—
Mantas Investments LLC
Mantas Investments LLC
Quit Claim Deed
related
—
Jan 25, 2005
—
Mantas Investments LLC
Junk 2 Treasures LLC
Warranty Deed
related
—
Oct 5, 2004
—
American Salvage Investments L
Jessee Robert A Trust
Quit Claim Deed
related
—
Aug 27, 2004
—
Junk2treasures
Asi
Quit Claim Deed
related
—
Aug 20, 2004
—
Asi
Kneisley,daniel E
Quit Claim Deed
related
—
Aug 28, 2002
—
Jessee,tr
Jessee,robert A Est
Quit Claim Deed
related
$30,000 · Michael D Blackburn
—
—
Mantas Investments LLC
—
Deed Of Trust
related
$1,156,022 · Zions First National Bank
—
—
Junk 2 Treasures LLC
—
Deed Of Trust
related
$290,000 · Loan One LLC
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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