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    1310 233rd N, Unit 4202 Centerville, UT 84014-4001
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    Property profile & analytics

    1310 233rd N, Unit 4202, Centerville, UT 84014-4001

    View on Map
    • Office buildings
    • 2,348 SF
    • 0.01 lot acres
    Off-Market
    Last Sale Jan 8, 2021
    Property ID
    US86-0899241
    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

    • Office buildings

    Property Details for 1310 233rd N

    Year built
    2014
    Lot size
    0.01 lot acres
    Zone code
    I-H
    Property type
    Office buildings
    APN
    06-377-0202
    APU
    63770202

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 17, 2025 — Tumbleweed A1 LLC Tumbleweed Offices I LLC Deed · related $1.6M · Umb Bank NA
    Jan 8, 2021 — Tumbleweed Offices I LLC Tumbleweed Offices II LLC Quit Claim Deed · related —
    Jun 1, 2017 — Tumbleweed Offices I LLC West Coast Holdings LLC Warranty Deed · related —

    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
    Centerville
    County
    Davis
    State
    Utah
    Longitude
    -111.898
    Latitude
    40.9193
    CBSA code
    36260
    CBSA name
    OGDEN-CLEARFIELD, 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
    2023
    $4,323
    $0.00
    $229,900
    $229,900
    -
    $0.00
    $418,000
    $418,000

    Comparable in this City

    • Value Estimation
      $7,865,000
      72,560 SF

      1148 Legacy Xing Blvd

      OFFICE BUILDING
      1148 Legacy Xing Blvd, Centerville, UT 84014-5530
      View Details
    • Value Estimation
      $1,105,000
      16,504 SF

      1222 Legacy Xing Blvd

      OFFICE BUILDING
      1222 Legacy Xing Blvd, Centerville, UT 84014-5550
      View Details
    • Value Estimation by Request
      1,368 SF

      66 Main St

      OFFICE BUILDING
      66 Main St, Centerville, UT 84014-1831
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    • Value Estimation by Request
      2,520 SF

      1310 233rd N Ste, Unit 101

      OFFICE BUILDING
      1310 233rd N Ste, Centerville, UT 84014-4002
      View Details
    • Value Estimation by Request
      2,520 SF

      1310 233rd N Ste, Unit 102

      OFFICE BUILDING
      1310 233rd N Ste, Centerville, UT 84014-4004
      View Details
    • Value Estimation
      $8,595,000
      81,147 SF

      500 Market Pl Dr

      OFFICE BUILDING
      500 Market Pl Dr, Centerville, UT 84014-1708
      View Details

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      Land For Sale

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    • $275,000
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      Residential Land with Mountain Views

      Centerville, UT lot ready for your dream home.
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      Centerville Land with I-15 Visibility

      5.67 acres with I-15 visibility, near Legacy Parkway.
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    Similar Nearby for Lease

    • Contact for pricing
      4,797 SF

      Class A Office Space Available

      Class A office space with high-end finishes and plentiful parking.
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    • Contact for pricing

      Centerville Flex Space Available

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      400 SF

      Centerville Office Space For Rent

      Office space for rent in Centerville, Utah.
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      4,000 SF

      Centerville Flex Space For Rent

      Flex space available with Legacy Highway visibility and signage.
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      1,500 SF

      Centerville Commercial Space Available

      Commercial space available for rent in Centerville, Utah.
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      2,500 SF

      Centerville Flex Space For Rent

      Flex space with immediate access to I-15 and Legacy Parkway.
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    Centerville, UT 84014-4001
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    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
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    1310 233rd N, Centerville, UT, 84014
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