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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Residential income properties
131 500th E Heber City, UT 84032-2100
Entity Owned
Absentee Owner
Free & Clear
Property ID
US86-0252082
Property summary
AI-generated overview
This is a flat, 0.15-acre residential lot located in a neighborhood in Heber City. It is suitable for constructing a main house and a smaller Accessory Dwelling Unit (ADU). Utilities are stubbed and available at the street. The property is located within walking distance of shopping, restaurants, parks, schools, and the hospital. Single Family Home plans are available.
Property profile
Verified
Property type
Residential income properties
Use group
COMMERCIAL (GENERAL)
Year built
1989
Total area
186,054 SF
Lot
1.71 ac (74,488 SF)
APN
00-0013-8169
UPID
US86-0252082
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
$1.66M
Owner & transaction history
First And Fifth III Holdings LLC
First And Fifth III Holdings LLC
since 2026
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 Heber City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Heber City 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
$9 / 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
$17,569
Tax year 2023
Assessed value
$3,000,000
Assessed 2023
Previous assessed
$3,000,000
+0.0% YoY
Effective rate
0.59%
On assessed value
Assessed land
$1,200,000
Assessed improvement
$1,800,000
Land market value
$1,200,000
Improvement market value
$1,800,000
Total market value
$3,000,000
Applied tax rate
3.0000
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 properties
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1989
Heating
GAS
Total area
186,054 SF
Lot
1.71 ac (74,488 SF)
APN
00-0013-8169
UPID
US86-0252082
Jurisdiction
WASATCH
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
1989
Heating
GAS
Lot
1.71 ac
Current owner
From public records · entity-resolved
First And Fifth III Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
361 N 200TH W, HEBER CITY, UT 84032-1405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Feb 2, 2026
—
First And Fifth III Holdings LLC
Cassandra Barker
Warranty Deed
—
Sep 23, 2025
—
Cassandra Barker
Miles Maynes
Warranty Deed
$285,000 · Grand Valley Bank
Sep 10, 2021
—
Mites Maynes
Scott Emerson Needham
Warranty Deed
—
Aug 16, 2019
—
Heber Valley Real Estate LLC
Brooklane Apartments LLC
Grant Deed
—
Feb 22, 2017
—
Paul Haynie
Deushane Property Mgmt INC
Grant Deed
related
—
Aug 26, 2016
—
Brooklane Apartments LLC
Davis Brothers Construction Co
Quit Claim Deed
related
$533,190 · Blue Yak Unlimited LLC
Dec 31, 2015
—
Davis Brothers Construction Co
Brooklane Apartments LLC
Quit Claim Deed
related
—
Oct 9, 2015
—
Davis Brothers Construction Co
Brooklane Apartments LLC
Quit Claim Deed
related
—
Feb 18, 2009
—
Brooklane Apartments LLC
Brooklane Apartments LLC
Quit Claim Deed
related
—
Oct 24, 2006
—
Brooklane Apartments LLC
Davis Brothers Construction
Quit Claim Deed
related
—
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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