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Property profile & analytics
OFF-MARKET
Estimated value
$1,860,000
Apartment buildings
965 Murray Holladay Rd Salt Lake City, UT 84117-4919
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-0333839
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2018
Construction
WOOD FRAME
Total area
13,015 SF
Lot
2.41 ac (104,980 SF)
Zoning code
R-M-10
APN
22-08-128-008
UPID
US86-0333839
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
-
IMSC Insurance Offices Inc Insurance Agency
-
Spring Run Townhouse Complex
-
Freedom Physical Therapy & Wellness - Salt Lake City / Millcreek Medical Clinic
-
Freedom Tree Services Landscaping
-
David E Bunker & Associates Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.24M
CAP Approach
CAP
$2.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.86M
Owner & transaction history
Spring Run LLC · 4 yrs held
Spring Run LLC
since 2022
7 recorded transactions
Zoning & alternative use
R-M-10 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,240,000
CAP Approach
CAP Return
Estimation
6%
$2,685,000
6.5%
$2,480,000
7%
$2,305,000
Blend value · Realmo final
$1.86M
Range $1.67M – $2.05M · ±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
$143 / 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
$152,093
Tax year 2023
Assessed value
$23,522,700
Assessed 2023
Previous assessed
$23,522,700
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$2,592,600
Assessed improvement
$20,930,100
Land market value
$2,592,600
Improvement market value
$20,930,100
Total market value
$23,522,700
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2018
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Buildings
6
Stories
1
Units
6
Total area
13,015 SF
Lot
2.41 ac (104,980 SF)
Zoning code
R-M-10
APN
22-08-128-008
UPID
US86-0333839
Jurisdiction
SALT LAKE
Zoning & alternative use
R-M-10 · Salt Lake City, UT
Zoning R-M-10 · permitted uses
R-M-10 · 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
2018
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
6
Units
6
Lot
2.41 ac
Current owner
From public records · entity-resolved
Spring Run LLC
Entity
Mailing address
6220 LA SALLE AVE, OAKLAND, CA 94611-2804
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2022
—
Spring Run LLC
Jf Spring Run Partners LLC
Special Warranty Deed
—
Dec 18, 2019
—
Jf Spring Run Partners LLC
Worster Properties LLC
Grant Deed
$12,100,000 · Miscellaneous Ins Co
Dec 13, 2017
—
Jf Properties LLC
Jf Spring Run Townhomes LLC
Quit Claim Deed
related
—
Oct 18, 2017
—
Jf Spring Run Partner LLC
Jf Spring Run Townhomes LLC
Special Warranty Deed
—
Jun 29, 2016
—
Salt Lake Cnty
Jf Spring Run Townhomes LLC
Quit Claim Deed
related
—
Sep 22, 2015
—
Jf Spring Run Townhomes LLC
Bean Run LLC
Warranty Deed
$1,245,000 · Bank Of American Fork
Dec 12, 2014
—
Bean Run LLC
Spring Run Investments LLC
Grant Deed
$1,185,920 · Spring Run Investment LLC
Jun 30, 2009
—
Spring Run Investment LLC
Spring Run Corp
Quit Claim Deed
—
Dec 20, 2006
—
Spring Run Corp
—
Deed Of Trust
related
$13,000,000 · Bank Of America
May 19, 1997
—
Beckstrand Management Corp
Spring Run Partners
Quit Claim Deed
$2,605,000 · Gmac Commercial Mortgage Corp
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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