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Property profile & analytics
FOR LEASE
Strip malls
6657 S State St, Murray, UT 84107
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US86-0179594
For Lease
1 / 2
Contact for pricing
6657 S State St, Murray, UT 84107
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Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,120 SF
Lot
0.67 ac (29,185 SF)
Zoning code
C-D-C
APN
22-19-302-033
UPID
US86-0179594
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
-
Boost Mobile Mobile Phone Store Electronics & Wireless Store
-
Econo Coin/Credit Card Laundromat (Bike/Boat/Book/etc) Store
-
Ally Equipment Department Store
-
iVape Murray One Stop Vape Shop (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
Aloha Tattoos Tattoo & Piercing Shop
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
Riddle Plaza INC · 1 yrs held
Riddle Plaza INC
since 2024
5 recorded transactions
Zoning & alternative use
C-D-C · 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 Murray submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murray 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
$14,824
Tax year 2023
Assessed value
$1,646,900
Assessed 2023
Previous assessed
$1,646,900
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$451,900
Assessed improvement
$1,195,000
Land market value
$451,900
Improvement market value
$1,195,000
Total market value
$1,646,900
Applied tax rate
21.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Units
6
Total area
9,120 SF
Lot
0.67 ac (29,185 SF)
Zoning code
C-D-C
APN
22-19-302-033
UPID
US86-0179594
Jurisdiction
SALT LAKE
Zoning & alternative use
C-D-C · Salt Lake City, UT
Zoning C-D-C · permitted uses
C-D-C · 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
1998
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
6
Lot
0.67 ac
Current owner
From public records · entity-resolved
Riddle Plaza INC
Entity
Mailing address
6657 S STATE ST, SALT LAKE CITY, UT 84107-7217
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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 18, 2024
—
Riddle Plaza INC
—
Deed
related
$314,500 · Zb NA
Dec 29, 1997
—
Riddle Plaza INC
—
Grant Deed
related
$651,000 · Draper Bank & Trust
—
—
Riddle Plaza INC
—
Deed Of Trust
related
$250,000 · Bank Of American Fork
—
—
Riddle Plaza INC
—
Deed Of Trust
related
$540,000 · Bank Of American Fork
—
—
Riddle Plaza INC
—
Deed Of Trust
related
$90,000 · Bank Of American Fork
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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