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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Grocery and convenience stores
938 900th W Salt Lake City, UT 84116-1350
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US86-0247673
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,324 SF
Lot
1.37 ac (59,677 SF)
Zoning code
CB
APN
08-26-409-009
UPID
US86-0247673
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
-
Quality Quick Stop Grocery & Convenience Store
-
QuickCoin Bitcoin ATM - Salt Lake City Crypto Atm Atm
-
Just Digital Coin Bitcoin ATM - Salt Lake City Crypto Atm Atm
-
Chevron Gas Station
-
Don Trini LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.55M
Owner & transaction history
Dsm & Sons INC · 8 yrs held
Dsm & Sons INC
since 2017
7 recorded transactions
Zoning & alternative use
CB · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+174.9%
Restaurant
$1.4M
+164.4%
Retail stores
$1.2M
+114.1%
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
MEDICAL BUILDING
$1,495,000
Change: +175% · Conversion: Difficult
RESTAURANT
$1,435,000
Change: +164% · Conversion: Difficult
RETAIL STORES
$1,165,000
Change: +114% · Conversion: Easy
COMMERCIAL (GENERAL)
$965,000
Change: +78% · Conversion: Easy
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±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
$136 / 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
$10,862
Tax year 2023
Assessed value
$1,098,700
Assessed 2023
Previous assessed
$1,098,700
+0.0% YoY
Effective rate
0.99%
On assessed value
Assessed land
$473,300
Assessed improvement
$625,400
Land market value
$473,300
Improvement market value
$625,400
Total market value
$1,098,700
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Total area
11,324 SF
Lot
1.37 ac (59,677 SF)
Zoning code
CB
APN
08-26-409-009
UPID
US86-0247673
Jurisdiction
SALT LAKE
Zoning & alternative use
CB · Salt Lake City, UT
Zoning CB · permitted uses
CB · 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
MEDICAL BUILDING
Est. value
$1.5M
RESTAURANT
Est. value
$1.4M
RETAIL STORES
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$965,000
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
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
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
SPACE
Stories
1
Lot
1.37 ac
Current owner
From public records · entity-resolved
Dsm & Sons INC
Entity
Mailing address
938 N 900TH W, SALT LAKE CITY, UT 84116-1350
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2019
—
Dsm & Sons INC
—
Deed
related
$416,349 · Bank Of Ut
Sep 20, 2017
—
Dsm & Sons INC
Ashish LLC
Grant Deed
$1,150,000 · Ashish LLC
Jul 1, 2009
—
Ashish LLC
Rose Park Market Property LLC
Warranty Deed
$880,300 · Mountain America FCU
Apr 4, 2008
—
Rose Park Market Property LLC
Elrodeo Market INC
Quit Claim Deed
related
—
Feb 9, 2005
—
El Rodeo Market INC
Gibbons Realty Co
Corporation Deed
$255,550 · Jpmorgan Chase Bank NA
—
—
Dsm & Sons INC
—
Deed Of Trust
related
$1,510,214 · Bank Of Ut
—
—
Dsm & Sons INC
—
Deed Of Trust
related
$416,349 · Bank Of Ut
—
—
Elrodeo Market INC
—
Deed Of Trust
related
$214,000 · Utah Certifield Dev 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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