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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Apartment buildings
975 Garfield Ave Salt Lake City, UT 84105-3376
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-0602106
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1888
Construction
WOOD FRAME
Total area
3,389 SF
Lot
0.32 ac (13,939 SF)
Zoning code
R15000
APN
16-17-335-019
UPID
US86-0602106
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
$375k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$793k
Blend (final)
Blend
$605k
Owner & transaction history
Davin F Holz · 4 yrs held
Davin F Holz
since 2021
5 recorded transactions
Zoning & alternative use
R15000 · 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
$375,000
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$645,000
7%
$600,000
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$179 / 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
$4,425
Tax year 2023
Assessed value
$813,900
Assessed 2023
Previous assessed
$813,900
+0.0% YoY
Effective rate
0.54%
On assessed value
Assessed land
$729,800
Assessed improvement
$84,100
Land market value
$729,800
Improvement market value
$84,100
Total market value
$813,900
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1888
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Units
2
Total area
3,389 SF
Lot
0.32 ac (13,939 SF)
Zoning code
R15000
APN
16-17-335-019
UPID
US86-0602106
Jurisdiction
SALT LAKE
Zoning & alternative use
R15000 · Salt Lake City, UT
Zoning R15000 · permitted uses
R15000 · 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
1888
Construction
WOOD FRAME
Heating
FORCED AIR
Stories
1
Units
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Davin F Holz
Individual
Mailing address
1833 S 1700TH E, SALT LAKE CITY, UT 84108-2969
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2021
—
Davin F Holz
Michael D Weathers
Intrafamily Transfer
related
$368,000 · United Wholesale Mortgage
Dec 12, 1997
—
Michael D Weathers
Jones,melodie M
Grant Deed
$133,275 · Washington Mutual Fsb
—
—
Michael D Weathers
—
Deed Of Trust
related
$35,000 · Zions First National Bank
—
—
Michael D Weathers
—
Deed Of Trust
related
$160,000 · M & T Mortgage Corp
—
—
Michael D Weathers
—
Deed Of Trust
related
$100,000 · Zions First National Bank
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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