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Property profile & analytics
OFF-MARKET
Medical Office Space
280 Riv Park Dr Provo, UT 84604-5764
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US86-0212678
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2001
Total area
39,992 SF
Lot
3.18 ac (138,564 SF)
APN
36-877-0008
UPID
US86-0212678
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
-
Riverwoods Oral & Maxillofacial Surgery Dental Office
-
Dobson Dennis L DDS Dental Office
-
Henrie Trish PhD Physician Medical Clinic
-
Cognitive FX Medical Clinic
-
Spinal Interventions Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Riverwoods Medical Art Center · 21 yrs held
Riverwoods Medical Art Center
since 2005
6 recorded transactions
Zoning & alternative use
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 Provo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Provo 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$91,045
Tax year 2023
Assessed value
$8,835,000
Assessed 2023
Previous assessed
$8,835,000
+0.0% YoY
Effective rate
1.03%
On assessed value
Land market value
$1,956,800
Improvement market value
$6,878,200
Total market value
$8,835,000
Applied tax rate
110.0000
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
MEDICAL BUILDING
Status
Off-Market
Year built
2001
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Total area
39,992 SF
Lot
3.18 ac (138,564 SF)
APN
36-877-0008
UPID
US86-0212678
Jurisdiction
UTAH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2001
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
3.18 ac
Current owner
From public records · entity-resolved
Riverwoods Medical Art Center
Individual
Mailing address
280 RIV PARK DR STE #230, PROVO, UT 84604-5805
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2019
—
Riverwoods Medical Art Ctr Lc
—
Grant Deed
related
$1,300,000 · Zions First Nat'l Bk
Nov 22, 2017
—
Riverwoods Medical Art Center
—
Grant Deed
related
$12,160,000 · Zions First Nat'l Bk
Sep 22, 2006
—
Riverwoods Medical Art Center
—
Deed Of Trust
related
$2,000,000 · Zions First National Bank
Feb 24, 2005
—
Riverwoods Medical Art Center
Riverwoods Medical Art Center
Quit Claim Deed
related
$5,700,000 · Bank Of American Fork
Dec 10, 2001
—
Riverwoods Medical Art Center
Awt Hawaii INC
Grant Deed
$4,000,000 · Zions First National Bank
—
—
Riverwoods Medical Art Center
—
Deed Of Trust
related
$12,000,000 · Zions First National 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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