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Property profile & analytics
OFF-MARKET
Retail space
878 200th N Salt Lake City, UT 84116-3314
Entity Owned
5-yr Hold
Free & Clear
Property ID
US86-0275084
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1901
Total area
888 SF
Lot
0.13 ac (5,663 SF)
Zoning code
1107
APN
08-35-406-009
UPID
US86-0275084
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
-
BODYGYM Big Box & Wholesale Store
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
878-880 West 200 North LLC · 5 yrs held
878-880 West 200 North LLC
since 2020
7 recorded transactions
Zoning & alternative use
1107 · 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
$1,679
Tax year 2023
Assessed value
$248,080
Assessed 2023
Previous assessed
$248,080
+0.0% YoY
Effective rate
0.68%
On assessed value
Assessed land
$71,790
Assessed improvement
$176,290
Land market value
$71,790
Improvement market value
$176,290
Total market value
$248,080
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1901
Heating
CENTRAL
Stories
1
Units
1
Rooms
6
Bathrooms
2
Total area
888 SF
Lot
0.13 ac (5,663 SF)
Zoning code
1107
APN
08-35-406-009
UPID
US86-0275084
Jurisdiction
SALT LAKE
Zoning & alternative use
1107 · Salt Lake City, UT
Zoning 1107 · permitted uses
1107 · 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
1901
Heating
CENTRAL
Stories
1
Units
1
Rooms
6
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
878-880 West 200 North LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1590 N MANDALAY RD, SALT LAKE CITY, UT 84116-4120
Ownership since
2020
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
Dec 29, 2020
—
878-880 West 200 North LLC
Cuong T Nguyen
Warranty Deed
—
Oct 8, 2020
—
9 South LLC
—
Deed
related
$3,829,000 · Cyprus FCU
Aug 26, 2019
—
9 South LLC
—
Grant Deed
related
$2,060,000 · Rock Canyon Bk
Jul 19, 2018
—
9 South LLC
—
Grant Deed
related
$2,100,000 · Cyprus FCU
Aug 15, 2017
—
9 South LLC
—
Deed
related
$726,108 · Rock Canyon Bank
Dec 30, 2016
—
Cuong T Nguyen
Chen,li Y
Warranty Deed
related
—
May 31, 1996
—
Li Y Chen
Wolf,richard W & Christine M
Grant Deed
$74,250 · Washington Mutual Fsb
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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