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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Medical Office Space
124 Fairfield Rd Layton, UT 84041-7105
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US86-0523562
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
1995
Construction
WOOD
Total area
7,646 SF
Lot
0.95 ac (41,469 SF)
Zoning code
CP-2
APN
11-344-0003
UPID
US86-0523562
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
-
Tiffany R. Vendela, DPT Physician
-
Grace M O'Brien Family Practice Medical Clinic
-
Carter Stacie Physician
-
Berwald Charles J MD Physician
-
Hernandez Maria MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$619k
Blend (final)
Blend
$570k
Owner & transaction history
Pb Turbo S LLC · 3 yrs held
Pb Turbo S LLC
since 2023
7 recorded transactions
Zoning & alternative use
CP-2 · Layton, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$800,000
+46.5%
Auto repair, garage
$680,000
+24.0%
Apartment house (5+ units)
$635,000
+16.2%
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 Layton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Layton 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
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$545,000
Current use
RESTAURANT
$800,000
Change: +46% · Conversion: Difficult
AUTO REPAIR, GARAGE
$680,000
Change: +24% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$635,000
Change: +16% · Conversion: Moderate
RETAIL STORES
$580,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$75 / 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
$15,548
Tax year 2023
Assessed value
$876,614
Assessed 2023
Previous assessed
$876,614
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$307,908
Assessed improvement
$568,706
Land market value
$559,833
Improvement market value
$1,034,011
Total market value
$1,593,844
Applied tax rate
39.0000
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
DENTAL BUILDING
Status
Off-Market
Year built
1995
Construction
WOOD
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
7,646 SF
Lot
0.95 ac (41,469 SF)
Zoning code
CP-2
APN
11-344-0003
UPID
US86-0523562
Jurisdiction
DAVIS
Zoning & alternative use
CP-2 · Layton, UT
Zoning CP-2 · permitted uses
CP-2 · Layton, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Layton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$545,000
RESTAURANT
Est. value
$800,000
AUTO REPAIR, GARAGE
Est. value
$680,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$635,000
RETAIL STORES
Est. value
$580,000
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1995
Construction
WOOD
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Pb Turbo S LLC
Entity
Mailing address
124 S FAIRFIELD RD, LAYTON, UT 84041-7105
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2023
—
Pb Turbo S LLC
Silver Tee LLC
Warranty Deed
$1,792,500 · Bank Of Utah
Oct 23, 2019
—
Silver Tee LLC
—
Deed
related
$1,000,000 · Miscellaneous Ins Co
Oct 2, 2018
—
Silver Tee LLC
Westside Medical Prop LLC
Warranty Deed
—
Nov 6, 1996
—
Westside Medical Properties Lc
Ericksen,corey L
Grant Deed
related
—
Jun 29, 1995
—
Corey L Ericksen
Westside Medical PC
Grant Deed
$665,000 · First Security Bank Utah
Apr 28, 1995
—
Westside Medical PC
Winegar,tom
Grant Deed
$245,000 · Davis Hospitals & Medical Ctr
—
—
Corey L Erickson
—
Deed Of Trust
related
$60,000 · First Security Bank Utah
—
—
Silver Tee LLC
—
Deed Of Trust
related
$1,000,000 · Miscellaneous Ins Co
—
—
Westside Medical Properties Lc
—
Deed Of Trust
related
$224,614 · First Security Bank
—
—
Westside Medical Properties Ll
—
Deed Of Trust
related
$100,000 · First National Bank Layton
—
—
Corey L Ericksen
—
Deed Of Trust
related
$265,000 · Mountain View Title & Escrow
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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