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    1566 2000th W Syracuse, UT 84075-7134
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    Property profile & analytics

    1566 2000th W, Syracuse, UT 84075-7134

    View on Map
    • Retail space
    • 7,000 SF
    • 0.75 lot acres
    Off-Market
    Last Sale Mar 10, 2023
    Property ID
    US86-1097708
    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
    $845,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • O'REILLY AUTO PARTS 3776 / Auto Parts Store

    Property Details for 1566 2000th W

    Year built
    2007
    Lot size
    0.75 lot acres
    Property type
    Retail space
    APN
    12-643-0016
    APU
    126430016

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 10, 2023 — Towns At City Center LLC Board Of Education Of Davis School Special Warranty Deed —
    Feb 16, 2023 — Towns At City Center LLC Board Of Education Of Davis School Special Warranty Deed —
    Feb 2, 2022 — Beard Of Education Of Davis School Danela Csk Syraneus LLC Warranty Deed —
    Dec 20, 2007 — Danica Csk-syracuse LLC Sbh 500 Lc Warranty Deed · related —
    Sep 15, 2006 — Sbh 500 Lc Holrob Syracuse LLC Special Warranty Deed $1.1M · Brighton Bank
    — — Sbh 500 Lc — Deed Of Trust · related $1.1M · Miscellaneous Ins Co

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $900,000
      Market price range: $342k - $1.04M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $655,000
      Current use
      MEDICAL BUILDING
      $1,140,000
      Change: +74% Conversion: Difficult
      RESTAURANT
      $850,000
      Change: +30% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $600,000
      Change: -9% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $595,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Davis
    State
    Utah
    Longitude
    -112.065
    Latitude
    41.0911
    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
    $0.00
    $157,224
    $537,772
    $694,997
    -
    $285,863
    $977,769
    $1,263,632

    Comparable in this City

    • Value Estimation
      $5,655,000
      199,214 SF

      2228 1700th S

      RETAIL STORES (PERSONAL SERVICES)
      2228 1700th S, Syracuse, UT 84075-7126
      View Details
    • Value Estimation by Request
      0.83 Acres

      817 1700th S

      RETAIL STORES (PERSONAL SERVICES)
      817 1700th S, Syracuse, UT 84075-8687
      View Details
    • Value Estimation
      $1,250,000
      7,480 SF

      2071 1700th S

      RETAIL STORES (PERSONAL SERVICES)
      2071 1700th S, Syracuse, UT 84075-6911
      View Details
    • Value Estimation by Request
      4,968 SF

      650 1000th W

      RETAIL STORES (PERSONAL SERVICES)
      650 1000th W, Syracuse, UT 84075
      View Details
    • Value Estimation
      $770,000
      5,483 SF

      817 1700th S

      RETAIL STORES (PERSONAL SERVICES)
      817 1700th S, Syracuse, UT 84075-8687
      View Details
    • Value Estimation by Request
      3,220 SF

      1137 1700th S

      RETAIL STORES (PERSONAL SERVICES)
      1137 1700th S, Syracuse, UT 84075-9628
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,300 SF

      Retail Development Opportunity

      Retail space for rent in a rapidly growing area.
      1719 S 3300 W, Syracuse, UT 84075
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    • $3,200,000

      Retail Space in High-Traffic Area

      Retail space for sale in high foot traffic location.
      2052 W 1700 S, Syracuse, UT 84075
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      Retail Land For Sale

      Land available for retail development.
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      Modern Retail Complex For Sale

      Bustling retail hub near Syracuse High School.
      1863 W 700 S, Syracuse, UT 84075
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      20,000 SF

      Land Near West Davis Corridor

      Commercial land with high visibility in a rapidly growing area.
      3315 W Antelope Dr, Syracuse, UT 84075
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    • Contact for pricing
      3,042 SF

      1.71 Acres Retail Development Land

      1.71 acres of land for retail development.
      3032 W 1700 S, Syracuse, UT 84075
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    Similar Nearby for Lease

    • Contact for pricing
      14,139 SF

      Retail Spaces and Pads Available

      Retail spaces and pads available in high-growth Davis County.
      1089-1107 W 1700 S, Syracuse, UT 84075
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space in Syracuse

      Retail development with space available near multi-family units.
      1724 W 300 S, Syracuse, UT 84075
      View Details
    • Contact for pricing
      3,042 SF

      Retail Space in Growing Area

      3,042 SF retail space with high visibility, rapid growth.
      1604 S 3000 W, Syracuse, UT 84075
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Syracuse

      Retail spaces and pads available in high-growth Syracuse area.
      1207 W 1700 S, Syracuse, UT 84075
      View Details
    • Contact for pricing
      2,380 SF

      Retail Space Near Smith's

      2,380 SF retail space anchored by Smith's.
      895-973 W 1700 S, Syracuse, UT 84075
      View Details
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    Syracuse, UT 84075-7134
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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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