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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Office buildings
1560 Renaissance Towne Dr Bountiful, UT 84010-7680
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US86-0588676
Property summary
AI-generated overview
This exceptional two-story Class B office building, constructed in 2006, offers 7,864 square feet of versatile executive office space in Bountiful, Utah. Located at 1560 S Renaissance Towne Dr, 84010, this property sits on a 0.18-acre lot and is zoned C-G. The building features multiple tenancy options, with spaces ranging from a minimum of 1,496 square feet to a maximum contiguous space of 4,736 square feet, making it ideal for businesses of various sizes. Three spaces are currently available. The building's single structure boasts a convenient two-story design, providing efficient and functional layouts. Its prime location in Bountiful, Davis County, offers easy access to major transportation routes and amenities. The property's APN is 032280007. This is an excellent opportunity to establish a presence in a thriving Utah community. The building's modern design and flexible space options make it an attractive choice for businesses seeking a professional and efficient workspace. Interested parties should inquire about available space and lease terms.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
STEEL FRAME
Total area
15,846 SF
Lot
0.18 ac (7,841 SF)
Zoning code
CG
APN
03-228-0007
UPID
US86-0588676
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
-
Microblading By Heather (Bike/Boat/Book/etc) Store
-
Mears Molly MD Physician
-
Hadley Dermatology Physician Medical Clinic
-
Bountiful Diabetes Clinic Medical Clinic
-
Todd Dale Lythgoe Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.16M
Comparable Approach
Comparable
$2.59M
Blend (final)
Blend
$2.88M
Owner & transaction history
Renaissance 7 LLC · 20 yrs held
Renaissance 7 LLC
since 2005
3 recorded transactions
Zoning & alternative use
CG · Bountiful, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.8M
+49.2%
Commercial (general)
$3.8M
+47.7%
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 Bountiful submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bountiful 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,425,000
6.5%
$3,160,000
7%
$2,935,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,565,000
Current use
MEDICAL BUILDING
$3,830,000
Change: +49% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,790,000
Change: +48% · Conversion: Easy
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±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
$181 / 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
$29,230
Tax year 2023
Assessed value
$1,600,665
Assessed 2023
Previous assessed
$1,600,665
+0.0% YoY
Effective rate
1.83%
On assessed value
Assessed land
$71,155
Assessed improvement
$1,529,509
Land market value
$129,373
Improvement market value
$2,780,927
Total market value
$2,910,300
Applied tax rate
503.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
15,846 SF
Lot
0.18 ac (7,841 SF)
Zoning code
CG
APN
03-228-0007
UPID
US86-0588676
Jurisdiction
DAVIS
Zoning & alternative use
CG · Bountiful, UT
Zoning CG · permitted uses
CG · Bountiful, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bountiful. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$3.8M
COMMERCIAL (GENERAL)
Est. value
$3.8M
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2006
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Renaissance 7 LLC
Entity
Mailing address
1560 RENAISSANCE TOWNE DR STE #104, BOUNTIFUL, UT 84010-7681
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2005
—
Renaissance 7 LLC
Town Center LLC
Grant Deed
$1,840,000 · America First Cu
—
—
Renaissance 7 LLC
—
Deed Of Trust
related
$2,550,000 · Security Svc FCU
—
—
Renaissance 7 LLC
—
Deed Of Trust
related
$320,000 · America First Cu
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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