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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Residential income homes
219 2400th N Sunset, UT 84015-2435
Entity Owned
10-yr Hold
Absentee Owner
Property ID
US86-0244916
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1984
Construction
FRAME
Total area
4,508 SF
Lot
0.29 ac (12,632 SF)
Zoning code
R-1
APN
13-070-0008
UPID
US86-0244916
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Davis Behavioral Health INC · 10 yrs held
Davis Behavioral Health INC
since 2015
7 recorded transactions
Zoning & alternative use
R-1 · Sunset, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Any use permitted in residential zone R-1. (Zoning Ord.; amd. Ord. 16-18-78, 6-22-1978; 1997 Code) Share Download Bookmark Print 10-5B-2: CONDITIONAL USES: The following uses shall be permitted only when authorized by a conditional use permit as provided in
Zone name
Residential
General category
RESIDENTIAL
Zone area
465.22 ac
Source
10-5B-1: PERMITTED USES:
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 Sunset submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sunset 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
$280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±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
$62 / 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
$2,206
Tax year 2023
Assessed value
$403,700
Assessed 2023
Previous assessed
$403,700
+0.0% YoY
Effective rate
0.55%
On assessed value
Assessed land
$72,387
Assessed improvement
$331,312
Land market value
$131,614
Improvement market value
$602,386
Total market value
$734,000
Applied tax rate
51.0000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1984
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Rooms
16
Bathrooms
4
Total area
4,508 SF
Lot
0.29 ac (12,632 SF)
Zoning code
R-1
APN
13-070-0008
UPID
US86-0244916
Jurisdiction
DAVIS
Zoning & alternative use
R-1 · Sunset, UTZoning R-1 · permitted uses
R-1 · Sunset, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Any use permitted in residential zone R-1. (Zoning Ord.; amd. Ord. 16-18-78, 6-22-1978; 1997 Code) Share Download Bookmark Print 10-5B-2: CONDITIONAL USES: The following uses shall be permitted only when authorized by a conditional use permit as provided in
Zone name
Residential
General category
RESIDENTIAL
Zone area
465.22 ac
Source
10-5B-1: PERMITTED USES:
Building & site characteristics
From public records
Year built
1984
Construction
FRAME
Heating
FORCED AIR
Stories
2
Units
4
Rooms
16
Bathrooms
4
Lot
0.29 ac
Current owner
From public records · entity-resolved
Davis Behavioral Health INC
Entity
Mailing address
934 S MAIN ST STE #6, LAYTON, UT 84041-7136
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Sep 29, 2015
—
Davis Behavioral Health INC
B & P Investment Props LLC
Warranty Deed
related
—
Sep 22, 2006
—
B & P Investment Properties LLC
B & P Properties LLC
Quit Claim Deed
—
Apr 22, 2004
—
B & P Properties LLC
Bateman,byron R & Peggy S
Grant Deed
related
—
Apr 15, 2004
—
Byron R Bateman
B & P Properties LLC
Grant Deed
related
—
Oct 11, 2000
—
Bateman,byron R & Pegy S
Gunn Sunset Properties LP
Trustees Deed
$91,360 · Individual
Mar 13, 1996
—
Gunn Sunset Properties LP
Gunn Trust
Quit Claim Deed
related
—
—
—
Byron R Bateman
—
Deed Of Trust
related
$177,100 · Bank Of Utah
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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