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Property profile & analytics
OFF-MARKET
Medical Office Space
1215 1680th W Orem, UT 84058-4939
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US86-0485647
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1995
Total area
20,040 SF
Lot
1 ac (43,386 SF)
APN
48-147-0004
UPID
US86-0485647
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
Current use
Occupant on record · Public records
-
Aspen Clinical Research LLC Research Institute
-
Attention Center of Utah - Dr. Michael W. Harris Physician
-
FedEx Drop Box Postal Service Courier Service
-
Care Clinic Alternative Medicine Practice
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
Mecham Commercial Investments LLC · 1 yrs held
Mecham Commercial Investments LLC
since 2025
7 recorded transactions
Zoning & alternative use
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 Orem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orem 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
$17,804
Tax year 2023
Assessed value
$2,339,900
Assessed 2023
Previous assessed
$2,339,900
+0.0% YoY
Effective rate
0.76%
On assessed value
Land market value
$437,600
Improvement market value
$1,902,300
Total market value
$2,339,900
Applied tax rate
90.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1995
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
20,040 SF
Lot
1 ac (43,386 SF)
APN
48-147-0004
UPID
US86-0485647
Jurisdiction
UTAH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Mecham Commercial Investments LLC
Entity
Mailing address
1215 S 1680TH W, OREM, UT 84058-4939
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 3, 2025
—
Mecham Commercial Investments LLC
Pmus Property One LLC
Quitclaim Deed
$2,120,000 · Deseret First FCU
Sep 25, 2019
—
Pmus Property One LLC
—
Deed
related
$389,400 · Central Bank
Feb 14, 2008
—
Pmus Property One LLC
Hardwoods Trust
Warranty Deed
$1,214,100 · Central Bank & Trust
Jan 29, 2007
—
Hardwoods Trust
Zimmerman,stephen & Carla
Quit Claim Deed
related
—
Mar 29, 2005
—
Stephen Zimmerman
Zimmerman,carla
Quit Claim Deed
related
$749,000 · Interbay Funding LLC
Sep 15, 2003
—
Carla Zimmerman
Nanwaring,kim & Cynthia
Grant Deed
$535,619 · Kim & Cynthia Nanwaring
Aug 17, 1994
—
Western Ironmakers INC
—
Grant Deed
related
$290,000 · Orem Comnunity Bank
—
—
Pmus Property One LLC
—
Deed Of Trust
related
$153,100 · Central Bank & Trust
—
—
Stephen Zimmerman
—
Deed Of Trust
related
$36,983 · Household Finance Corp III
—
—
Pmus Property One LLC
—
Deed Of Trust
related
$744,300 · Central Bank & 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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