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Property profile & analytics
OFF-MARKET
Estimated value
$1,610,000
Medical Office Space
1756 Antelope Dr Layton, UT 84041-1143
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0073066
Property profile
Verified
Property type
Medical Office Space
Use group
DENTAL BUILDING
Year built
2015
Total area
29,407 SF
Lot
0.77 ac (33,715 SF)
Zoning code
C-H
APN
09-271-0002
UPID
US86-0073066
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
-
Tanner Clinic: Zachary Van Wagoner, MD Physician
-
Tanner Clinic: Stacy Probasco, PA-C Physician
-
Tanner Clinic: Steven C. Meek, MD Physician
-
Tanner Clinic: Laura M. Foot, MD Physician Medical Clinic
-
Tanner Clinic: Kevin S. Sumsion, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$975k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.25M
Blend (final)
Blend
$1.61M
Owner & transaction history
Medical Building LLC · 12 yrs held
Medical Building LLC
since 2013
7 recorded transactions
Zoning & alternative use
C-H · Layton, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.6M
+24.0%
Apartment house (5+ units)
$2.4M
+16.2%
Retail stores
$2.2M
+6.1%
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 Layton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Layton 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
$975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,105,000
Current use
AUTO REPAIR, GARAGE
$2,610,000
Change: +24% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,445,000
Change: +16% · Conversion: Moderate
RETAIL STORES
$2,235,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$1.61M
Range $1.45M – $1.77M · ±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
$55 / 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
$56,462
Tax year 2023
Assessed value
$3,183,424
Assessed 2023
Previous assessed
$3,183,424
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$250,336
Assessed improvement
$2,933,087
Land market value
$455,158
Improvement market value
$5,332,886
Total market value
$5,788,044
Applied tax rate
39.0000
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
Medical Office Space
Use group
DENTAL BUILDING
Status
Off-Market
Year built
2015
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
3
Units
1
Total area
29,407 SF
Lot
0.77 ac (33,715 SF)
Zoning code
C-H
APN
09-271-0002
UPID
US86-0073066
Jurisdiction
DAVIS
Zoning & alternative use
C-H · Layton, UT
Zoning C-H · permitted uses
C-H · Layton, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Layton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.1M
AUTO REPAIR, GARAGE
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
RETAIL STORES
Est. value
$2.2M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
2015
Heating
PACKAGE
Cooling
Yes
Stories
3
Units
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Medical Building LLC
Entity
Mailing address
2121 N 1700TH W, LAYTON, UT 84041-8803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
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
Aug 1, 2013
—
Medical Building LLC
Medical Building LLC
Quit Claim Deed
related
$14,500,000 · Key Bank & Trust
Mar 6, 2013
—
Salt Lake City Retail & Conven
Singh Petroleum LLC
Grant Deed
related
—
Nov 4, 2003
—
Medical Building LP
Davis Open Imagining Center Ll
Grant Deed
related
—
Sep 27, 2001
—
Atlantic Financial Group LP
Teamone Food & Fuel Centers Lc
Grant Deed
related
—
Sep 1, 1999
—
Davis Open Imaging Center Lc
Utah State Building Ownership
Grant Deed
$247,015 · Key Bank NA
—
—
Medical Building LLC
—
Loan Modification
related
$14,400,000 · Keybank Nat'l Assn/edgewood
—
—
Medical Building Ltd
—
Deed Of Trust
related
$6,000,000 · Merrill Lynch Business Finl Sv
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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