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Property profile & analytics
OFF-MARKET
Estimated value
$2,605,000
Office buildings
160 Main St Farmington, UT 84025-2358
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US86-1491913
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2010
Construction
WOOD
Total area
21,756 SF
Lot
0.36 ac (15,507 SF)
Zoning code
BR
APN
07-034-0103
UPID
US86-1491913
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
-
Utah Building Inspector Training Program Training Center
-
bonneville chapter icc Association / Organization
-
Farmington City Hall City Hall
-
Farmington City Office City Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.74M
Blend (final)
Blend
$2.61M
Owner & transaction history
Farmington City · 17 yrs held
Farmington City
since 2009
7 recorded transactions
Zoning & alternative use
BR · Farmington, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.6M
+21.1%
Medical building
$3.5M
+21.0%
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 Farmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmington 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,930,000
Current use
COMMERCIAL (GENERAL)
$3,550,000
Change: +21% · Conversion: Easy
MEDICAL BUILDING
$3,545,000
Change: +21% · Conversion: Easy
RESTAURANT
$2,650,000
Change: -10% · Conversion: Moderate
Blend value · Realmo final
$2.61M
Range $2.34M – $2.87M · ±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
$120 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$2,076,422
Assessed 2023
Previous assessed
$3,809,349
-45.5% YoY
Assessed land
$115,141
Assessed improvement
$1,961,280
Land market value
$209,349
Improvement market value
$3,565,965
Total market value
$3,775,314
Applied tax rate
24.0000
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
2010
Construction
WOOD
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
21,756 SF
Lot
0.36 ac (15,507 SF)
Zoning code
BR
APN
07-034-0103
UPID
US86-1491913
Jurisdiction
DAVIS
Zoning & alternative use
BR · Farmington, UT
Zoning BR · permitted uses
BR · Farmington, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$3.6M
MEDICAL BUILDING
Est. value
$3.5M
RESTAURANT
Est. value
$2.7M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
RESTAURANT
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
2010
Construction
WOOD
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Farmington City
Entity
Mailing address
130 N MAIN ST, FARMINGTON, UT 84025-3518
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2009
—
Farmington City
Bass,scott M & Krista S
Warranty Deed
related
—
Dec 9, 2008
—
Farmington City
Bass,scott M & Krista S
Warranty Deed
—
—
—
Scott M Bass
—
Deed Of Trust
related
$52,000 · Resource Bancshares Mtg Group
—
—
Scott M Bass
—
Deed Of Trust
related
$50,000 · Bank Of America Fsb
—
—
Scott M Bass
—
Deed Of Trust
related
$8,000 · Davis School Cu
—
—
Scott M Bass
—
Deed Of Trust
related
$25,000 · Wells Fargo Bank
—
—
Scott M Bass
—
Deed Of Trust
related
$25,000 · Wells Fargo Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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