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Property profile & analytics
OFF-MARKET
Retail residential properties

951 900th S Salt Lake City, UT 84105-1474

3,339 SF 0.14 ac lot Built 1896
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US86-0345293
Property summary
AI-generated overview

This exceptional Class A, multi-tenant retail property in Salt Lake City's desirable 9th & 9th district presents a compelling investment opportunity. The 7,180 square foot building, constructed in 2023, boasts 100% occupancy across seven units, generating a strong net operating income (NOI) of $311,345 and a 5.00% cap rate. Priced at $6,226,900 ($867.26/sq ft), this two-story building sits on a 0.14-acre lot and includes three parking spaces. The property is zoned C and benefits from a prime location with convenient access to I-15/80 freeways, public transportation, and numerous amenities, including City Creek Center, Gallivan Plaza, and Temple Square. The surrounding area features strong demographics, with a growing population and high average household income within a 5-mile radius. This rare, small-sized multi-tenant building offers a unique chance to acquire a stable, high-performing asset in a thriving market. The property's location near the TRAX light rail on 400 South provides excellent accessibility. Nearby amenities include Trolley Square, Smith's Marketplace, Whole Foods, Harmons, and Trader Joe's, further enhancing its appeal. The address is 951 E 900 South, Salt Lake City, UT 84105. APN: 16-08-180-039-0000.

Property profile
Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1896
Construction WOOD FRAME
Total area 3,339 SF
Lot 0.14 ac (6,098 SF)
Zoning code CB
APN 16-08-180-039
UPID US86-0345293
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
  • Dr Tony Chir Alternative Medicine Practice
  • Protein Foundry Restaurant
  • Tonic Method - 9th & 9th Gym & Fitness Center
  • Doctor Tony Chiro Clinic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Pdl Capital LLC · 5 yrs held
Pdl Capital LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
CB · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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