Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    120 900th N Springville, UT 84663-1094
    Back to Search
    Property profile & analytics

    120 900th N, Springville, UT 84663-1094

    View on Map
    • Warehouses
    • 3,572 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US86-0249486
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 120 900th N

    Year built
    1992
    Lot size
    1.00 lot acres
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    23-010-0036
    APU
    230100036

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 21, 2022 — Djl Properties LLC — Deed · related $100k · Mountain America FCU
    Jul 2, 2020 — Djl Properties LLC — Deed · related $256k · University Cu
    Mar 30, 2020 — Djl Properties LLC — Deed · related $256k · University First FCU
    Jun 26, 2018 — Djl Properties LLC Essrex Co LLC Warranty Deed $461k · Other Institutional Lenders
    Jul 28, 2017 — Essrex Co LLC Essrex Co LLC Quit Claim Deed · related —
    Dec 29, 2006 — Essrex Co LLC Lewis,s Rex Grant Deed —
    — — Djl Properties LLC — Deed Of Trust · related $256k · University Cu
    — — Djl Properties LLC — Deed Of Trust · related $256k · University First FCU
    — — Djl Properties LLC — Deed Of Trust · related $215k · Mountain W Small Busn Fin

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Springville
    County
    Utah
    State
    Utah
    Longitude
    -111.613
    Latitude
    40.1799
    CBSA code
    39340
    CBSA name
    PROVO-OREM, 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
    2024
    $5,451
    $0.00
    $0.00
    $558,400
    -
    $426,800
    $131,600
    $558,400

    Comparable in this City

    • Value Estimation by Request
      23,195 SF

      1190 Spg Crk Pl

      MINI-WAREHOUSE, STORAGE
      1190 Spg Crk Pl, Springville, UT 84663-3045
      View Details
    • Value Estimation by Request
      50,280 SF

      1415 Spg Crk Pl

      MINI-WAREHOUSE, STORAGE
      1415 Spg Crk Pl, Springville, UT 84663-3329
      View Details
    • Value Estimation by Request
      2,400 SF

      864 100th W

      MINI-WAREHOUSE, STORAGE
      864 100th W, Springville, UT 84663-6810
      View Details
    • Value Estimation by Request
      8,064 SF

      1573 1600th S

      MINI-WAREHOUSE, STORAGE
      1573 1600th S, Springville, UT 84663-5002
      View Details
    • Value Estimation by Request
      1,056 SF

      302 2000th W

      MINI-WAREHOUSE, STORAGE
      302 2000th W, Springville, UT 84663-3036
      View Details
    • Value Estimation by Request
      7,780 SF

      875 400th W

      MINI-WAREHOUSE, STORAGE
      875 400th W, Springville, UT 84663
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,058 SF

      Industrial Facility with Flexible Suites

      Rare industrial facility featuring flexible suites on a 0.88-acre lot.
      180 W 900 N, Springville, UT 84663
      View Details
    • Contact for pricing

      Warehouse Unit For Sale

      Warehouse unit featuring 18' clear height and easy access.
      143 W 900 N, Springville, UT 84663
      View Details
    • Contact for pricing
      8,100 SF

      Springville Warehouse Units For Sale

      Three warehouse units available, each 8,100 SF, Springville, Utah.
      141-145 W 900 N, Springville, UT 84663
      View Details
    • $575,000
      2,520 SF

      Springville Multifamily Property For Sale

      Multifamily property in Springville, Utah, ideal for investment.
      949 S 1060 E, Springville, UT 84663
      View Details
    • Contact for pricing

      Three Industrial Condos For Sale

      Three 8,100 SF industrial condos available for purchase.
      135-139 West 900 North, Springville, UT 84663
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Springville Industrial Spaces Available

      Industrial spaces for rent in Springville, Utah. 2,000 SqFt.
      478 S Frontage Rd, Springville, UT 84663
      View Details
    • Contact for pricing
      3,150 SF

      Warehouse Space with Fenced Yard

      3,402 SF warehouse with loading dock and fenced yard.
      565 N Main St, Springville, UT 84663
      View Details
    • Contact for pricing
      280,980 SF

      Spanish Fork Industrial Space Available

      28,800 SF industrial space with cross-dock configuration for lease.
      2949 N 170 E, Spanish Fork, UT 84663
      View Details
    • Contact for pricing
      1,345 SF

      Springville Warehouse with 3 Doors

      Industrial warehouse space available immediately off I-15.
      2499 W 700 S, Springville, UT 84663
      View Details
    • Contact for pricing
      91,844 SF

      Springville Warehouse Near I-15

      100,000 SF warehouse/distribution space, convenient I-15 access.
      530 South 2000 West, Springville, UT 84663
      View Details
    • Contact for pricing

      Customizable Industrial Warehouse Opportunity

      Build-to-suit industrial warehouse in Springville, Utah, near major transportation.
      1750 N 1750 W, Springville, UT 84663
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    120 900th N
    Springville, UT 84663-1094
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    120 900th N, Springville, UT, 84663
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!