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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Distribution centers
22 1400th W Centerville, UT 84014-1728
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US86-0557876
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2006
Total area
28,451 SF
Lot
2 ac (87,120 SF)
Zoning code
I-H
APN
06-144-0014
UPID
US86-0557876
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
-
Interform Marketing & Advertising
-
Crusher Products Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$975k
Owner & transaction history
Chq Group Lc · 20 yrs held
Chq Group Lc
since 2006
7 recorded transactions
Zoning & alternative use
I-H · Centerville, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Centerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centerville 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
$800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,215,000
Current use
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±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
$34 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$32,032
Tax year 2024
Assessed value
$1,713,954
Assessed 2024
Previous assessed
$1,713,954
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$395,307
Assessed improvement
$1,318,647
Land market value
$718,740
Improvement market value
$2,397,540
Total market value
$3,116,280
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2006
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
28,451 SF
Lot
2 ac (87,120 SF)
Zoning code
I-H
APN
06-144-0014
UPID
US86-0557876
Jurisdiction
DAVIS
Zoning & alternative use
I-H · Centerville, UT
Zoning I-H · permitted uses
I-H · Centerville, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Centerville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.2M
WAREHOUSE, STORAGE Current
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
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
2 ac
Current owner
From public records · entity-resolved
Chq Group Lc
Entity
Mailing address
PO BOX 577, CENTERVILLE, UT 84014-0577
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2021
—
Chq Group Lc
—
Deed
related
$5,395,000 · Zb NA
Nov 7, 2016
—
Chq Group Lc
—
Deed
related
$1,913,000 · Mountain W Small Busn Fin
Nov 26, 2012
—
Chq Group Lc
—
Trustees Deed
related
$1,320,900 · Bank Of The West
Mar 16, 2006
—
Chq Group Lc
Phillip L Squires
Warranty Deed
$178,000 · First National Bank Of Layton
May 29, 1998
—
Phililip L Squires
Security Title Co Trustee
Grant Deed
related
—
—
—
Chq Group Lc
—
Deed Of Trust
related
$1,410,315 · Bank Of The West
—
—
Chq Group Lc
—
Loan Modification
related
$1,410,315 · Bank Of The West
—
—
Chq Group Lc
—
Deed Of Trust
related
$336,000 · Utah Certified Dev
—
—
Chq Group Lc
—
Loan Modification
related
$321,500 · Bank Of The West
—
—
Chq Group Lc
—
Deed Of Trust
related
$1,590,000 · First National Bank Layton
—
—
Chq Group Lc
—
Deed Of Trust
related
$900,000 · Bank Of The West
—
—
Chq Group Lc
—
Deed Of Trust
related
$1,913,000 · Mountain W Small Busn Fin
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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