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    Property profile & analytics

    1020 Park Ln Farmington, UT 84025

    • Drive through restaurants
    • 2,504 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    $395,000
    Last Sale
    Jan 04, 2021
    Location Intelligence
    Property ID
    US86-0634203
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 1020 Park Ln

    Year built
    2017
    Lot size
    0.54 lot acres
    Property size
    2,504 SF
    Property type
    Drive through restaurants
    APN
    08-644-0002
    APU
    86440002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Davis
    State
    Utah
    Longitude
    -111.911
    Latitude
    40.9857
    CBSA code
    36260
    CBSA name
    OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,261
    $195,497
    $292,869
    $488,366
    -
    $355,450
    $532,490
    $887,940

    Comparable in this City

    • Value Estimation
      $580,000
      2,360 SF

      Farmington, UT 84025

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,360 SF
      Farmington, UT 84025
      View Details
    • Value Estimation by Request
      4,640 SF

      1080 Grand Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,640 SF
      1080 Grand Ave, Farmington, UT 84025-3965
      View Details
    • Value Estimation by Request
      4,795 SF

      350 Sta Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,795 SF
      350 Sta Pkwy, Farmington, UT 84025
      View Details
    • Value Estimation
      $400,000
      947 SF

      1131 Clark Ln

      DRIVE-THRU RESTAURANT, FAST FOOD • 947 SF
      1131 Clark Ln, Farmington, UT 84025
      View Details
    • Value Estimation
      $420,000
      3,370 SF

      504 Sta Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,370 SF
      504 Sta Pkwy, Farmington, UT 84025-2888
      View Details
    • Value Estimation
      $415,000
      2,200 SF

      138 1100th W

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,200 SF
      138 1100th W, Farmington, UT 84025-2195
      View Details

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    Farmington, UT 84025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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