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Property profile & analytics
OFF-MARKET
Estimated value
$5,640,000
Office buildings
1070 500th S West Bountiful, UT 84087-1442
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US86-0653338
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2013
Total area
25,740 SF
Lot
54.36 ac (2,368,009 SF)
Zoning code
CG
APN
06-038-0125
UPID
US86-0653338
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
by Request
CAP Approach
CAP
$5.14M
Comparable Approach
Comparable
$6.15M
Blend (final)
Blend
$5.64M
Owner & transaction history
Hep Woods Cross LLC · 15 yrs held
Hep Woods Cross LLC
since 2011
2 recorded transactions
Zoning & alternative use
CG · West Bountiful, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.2M
+88.4%
Commercial (general)
$5.3M
+59.3%
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 West Bountiful submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Bountiful 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%
$5,565,000
6.5%
$5,135,000
7%
$4,770,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$6,220,000
Change: +88% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,260,000
Change: +59% · Conversion: Easy
Blend value · Realmo final
$5.64M
Range $5.08M – $6.20M · ±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
$219 / 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
$174,490
Tax year 2023
Assessed value
$15,799,087
Assessed 2023
Previous assessed
$15,799,087
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$9,944,498
Assessed improvement
$5,854,588
Land market value
$18,080,907
Improvement market value
$10,644,706
Total market value
$28,725,613
Applied tax rate
57.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2013
Heating
PACKAGE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Total area
25,740 SF
Lot
54.36 ac (2,368,009 SF)
Zoning code
CG
APN
06-038-0125
UPID
US86-0653338
Jurisdiction
DAVIS
Zoning & alternative use
CG · West Bountiful, UT
Zoning CG · permitted uses
CG · West Bountiful, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Bountiful. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$6.2M
COMMERCIAL (GENERAL)
Est. value
$5.3M
MEDICAL BUILDING
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
2013
Heating
PACKAGE
Cooling
Yes
Stories
1
Buildings
2
Lot
54.36 ac
Current owner
From public records · entity-resolved
Hep Woods Cross LLC
Entity
Mailing address
PO BOX 92108, AUSTIN, TX 78709-2108
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2011
—
Hep Woods Cross LLC
—
Loan Modification
related
$275,000,000 · Wells Fargo Bank
—
—
Hep Woods Cross LLC
—
Loan Modification
related
$550,000 · Wells Fargo Bk/tx
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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