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Property profile & analytics
OFF-MARKET
Estimated value
$2,255,000
Theaters & concert halls
714 900th W Salt Lake City, UT 84116-4061
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US86-0521737
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1973
Construction
WOOD FRAME
Total area
159,621 SF
Lot
6.86 ac (298,822 SF)
Zoning code
RMF-35
APN
08-26-455-002
UPID
US86-0521737
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
$2.26M
Owner & transaction history
Tig Downtown West LLC · 3 yrs held
Tig Downtown West LLC
since 2022
7 recorded transactions
Zoning & alternative use
RMF-35 · 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
$14 / 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
$14,797
Tax year 2023
Assessed value
$2,468,900
Assessed 2023
Previous assessed
$2,468,900
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$2,468,900
Land market value
$2,468,900
Total market value
$2,468,900
Applied tax rate
13.0000
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1973
Construction
WOOD FRAME
Heating
YES
Stories
3
Total area
159,621 SF
Lot
6.86 ac (298,822 SF)
Zoning code
RMF-35
APN
08-26-455-002
UPID
US86-0521737
Jurisdiction
SALT LAKE
Zoning & alternative use
RMF-35 · Salt Lake City, UT
Zoning RMF-35 · permitted uses
RMF-35 · 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
1973
Construction
WOOD FRAME
Heating
YES
Stories
3
Lot
6.86 ac
Current owner
From public records · entity-resolved
Tig Downtown West LLC
Entity
Mailing address
280 N NEWPORT CTR DR STE #235, NEWPORT BEACH, CA 92660-7524
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2022
—
Tig Downtown West LLC
Pac Solara LP
Special Warranty Deed
$62,000,000 · Citizens Bank NA
Jul 23, 2020
—
Pac-solara LP
—
Deed
related
$3,255,000 · Cbre Multifamily Cap
Jan 12, 2018
—
Pac-solara LP
Bascom Lexington Salt Lake LLC
Trustees Deed
$4,200,000 · Cbre Multifamily Cap
Jan 30, 2006
—
Bascom Lexington Salt Lake LLC
Wiener Lexington LLC
Grant Deed
—
Oct 22, 1999
—
Wiener Lexington LLC
Flagship Properties Ltd II
Grant Deed
related
—
—
—
Bascom Lexington Salt Lake LLC
—
Deed Of Trust
related
$25,350,000 · Cbre Multifamily Cap
—
—
Pac-solara LP
—
Deed Of Trust
related
$3,255,000 · Cbre Multifamily Cap
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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