New search
Property profile & analytics
OFF-MARKET
Residential income homes
117 250th N, Clearfield, UT 84015-3346
Individually Owned
6-yr Hold
Property ID
US86-1355663
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1962
Construction
FRAME
Total area
3,750 SF
Lot
0.27 ac (11,631 SF)
Zoning code
R-3
APN
12-020-0070
UPID
US86-1355663
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
Justin D Cutler · 6 yrs held
Justin D Cutler
since 2019
7 recorded transactions
Zoning & alternative use
R-3 · Clearfield, 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 Clearfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clearfield 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 2023Property tax & assessments
Tax year 2023
Tax billed
$4,002
Tax year 2023
Assessed value
$364,650
Assessed 2023
Previous assessed
$364,650
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$70,208
Assessed improvement
$294,441
Land market value
$127,651
Improvement market value
$535,349
Total market value
$663,000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1962
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Rooms
16
Bathrooms
4
Total area
3,750 SF
Lot
0.27 ac (11,631 SF)
Zoning code
R-3
APN
12-020-0070
UPID
US86-1355663
Jurisdiction
DAVIS
Zoning & alternative use
R-3 · Clearfield, UT
Zoning R-3 · permitted uses
R-3 · Clearfield, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clearfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Rooms
16
Bathrooms
4
Lot
0.27 ac
Current owner
From public records · entity-resolved
Justin D Cutler
Individual
Mailing address
11208 S STAR CIR, SANDY, UT 84092-5131
Ownership since
2019
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
Nov 15, 2019
—
Justin D Cutler
Daniel Sorenson
Warranty Deed
$381,800 · Mountain American Cu
Oct 31, 2014
—
Daniel Sorenson
Sorenson,daniel
Quit Claim Deed
related
$204,700 · Stearns Lndg
Aug 9, 2004
—
Moffett Properties LLC
Moffett,neil C & Valerie L
Quit Claim Deed
related
—
Jul 13, 2004
—
Neil C Moffett
Moffett Properties LLC
Quit Claim Deed
related
—
Dec 31, 2001
—
Moffett Properties LLC
Moffett,neil C & Valerie L
Quit Claim Deed
related
—
May 2, 2001
—
Neil C Moffett
Lutz,dirk J & Deanna L
Grant Deed
$164,880 · North American Mortgage
Oct 22, 1997
—
Dirk J Lutz
Wood,tommy C & Gina M
Grant Deed
$100,000 · Individual
—
—
Neil C Moffett
—
Deed Of Trust
related
$8,000 · Cp Financial
—
—
Neil C Moffett
—
Deed Of Trust
related
$168,000 · First Horizon Home Loan Corp
—
—
Tommy C Wood
—
Deed Of Trust
related
$30,000 · Utah Fsb
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 117 250th N?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.