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Property profile & analytics
OFF-MARKET
Office buildings
115 200th E Farmington, UT 84025-2317
Individually Owned
1-yr Hold
Free & Clear
Property ID
US86-0509008
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1898
Construction
WOOD
Total area
2,334 SF
Lot
0.24 ac (10,454 SF)
Zoning code
OTR-F
APN
07-033-0019
UPID
US86-0509008
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Board Of Education Of Davis School · 1 yrs held
Board Of Education Of Davis School
since 2025
7 recorded transactions
Zoning & alternative use
OTR-F · Farmington, 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 Farmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Assessed value
$225,132
Assessed 2023
Previous assessed
$410,303
-45.1% YoY
Assessed land
$123,286
Assessed improvement
$101,845
Land market value
$224,158
Improvement market value
$185,174
Total market value
$409,332
Applied tax rate
24.0000
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
1898
Construction
WOOD
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
2,334 SF
Lot
0.24 ac (10,454 SF)
Zoning code
OTR-F
APN
07-033-0019
UPID
US86-0509008
Jurisdiction
DAVIS
Zoning & alternative use
OTR-F · Farmington, UT
Zoning OTR-F · permitted uses
OTR-F · Farmington, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1898
Construction
WOOD
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Board Of Education Of Davis School
Individual
Free & Clear · 1 yrs held
Mailing address
45 E STATE ST, FARMINGTON, UT 84025-2344
Ownership since
2025
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
Jan 28, 2025
—
Board Of Education Of Davis School
Board Of Education Of Davis School
Deed
related
—
Jul 9, 2009
—
Board Of Education/davis Sch Dist
Smith,kerry W
Warranty Deed
—
Sep 10, 2008
—
Kerry W Smith
Smith,gayle S & Kerry W
Quit Claim Deed
related
—
May 7, 2007
—
Homefrontusa INC
Garber,daniel A
Warranty Deed
$283,500 · Bond Street Capital Corp
Mar 26, 2007
—
Daniel A Garber
Vanschalkwyk,warren
Warranty Deed
$256,784 · Leon Hansen
Dec 12, 2003
—
American Elite Mortgage Corp
Vanschalkwyk,warren
Grant Deed
related
$180,000 · Wells Fargo Bank Northwest NA
Dec 13, 2002
—
Warren Vanschalkwyk
Carlsen,skip
Grant Deed
$122,000 · Lichfield Trust
Nov 12, 1998
—
Skip Carlsen
Lichfield,lynne R
Grant Deed
related
—
Feb 9, 1995
—
Aaron R Lichfield
Rasmussen,robert I
Quit Claim Deed
related
—
—
—
Teton Pacific One INC
—
Deed Of Trust
related
$89,005 · Lichfield Trust
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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