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Property profile & analytics
OFF-MARKET
Estimated value
$4,615,000
Investment properties
6577 Redwood Rd Salt Lake City, UT 84123-6635
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US86-1488224
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2008
Construction
STEEL FRAME
Total area
37,857 SF
Lot
1.8 ac (78,408 SF)
Zoning code
C-2
APN
21-22-257-017
UPID
US86-1488224
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
$4.49M
Blend (final)
Blend
$4.62M
Owner & transaction history
Ald Offices LLC · 18 yrs held
Ald Offices LLC
since 2007
5 recorded transactions
Zoning & alternative use
C-2 · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.7M
+1.3%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,650,000
Current use
RESTAURANT
$4,710,000
Change: +1% · Conversion: Difficult
MEDICAL BUILDING
$4,090,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$4.62M
Range $4.15M – $5.08M · ±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
$122 / 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
$66,795
Tax year 2023
Assessed value
$5,909,500
Assessed 2023
Previous assessed
$5,909,500
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,433,600
Assessed improvement
$4,475,900
Land market value
$1,433,600
Improvement market value
$4,475,900
Total market value
$5,909,500
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
HOT WATER
Stories
3
Units
10
Total area
37,857 SF
Lot
1.8 ac (78,408 SF)
Zoning code
C-2
APN
21-22-257-017
UPID
US86-1488224
Jurisdiction
SALT LAKE
Zoning & alternative use
C-2 · Salt Lake City, UT
Zoning C-2 · permitted uses
C-2 · 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
$4.7M
RESTAURANT
Est. value
$4.7M
MEDICAL BUILDING
Est. value
$4.1M
COMMERCIAL (GENERAL) Current
RESTAURANT
MEDICAL BUILDING
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
2008
Construction
STEEL FRAME
Heating
HOT WATER
Stories
3
Units
10
Lot
1.8 ac
Current owner
From public records · entity-resolved
Ald Offices LLC
Entity
Mailing address
7455 S UN PARK AVE, MIDVALE, UT 84047-1888
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2007
—
Ald Offices LLC
Dahle,allan L
Warranty Deed
—
Jun 6, 2006
—
Allan L Dahle
Wilson,delores W
Grant Deed
related
—
Sep 20, 2004
—
Delores W Wilson
Bodell,kim J & Donna
Quit Claim Deed
related
—
—
—
Ald Offices LLC
—
Loan Modification
related
$2,020,000 · Us Bk
—
—
Ald Offices LLC
—
Deed Of Trust
related
$1,500,000 · Standard Insurance Co
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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