Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2885 Hwy 89 Bountiful, UT 84010-8548
    Back to Search
    Property profile & analytics

    2885 Hwy 89, Bountiful, UT 84010-8548

    View on Map
    • Automotive properties
    • 8,204 SF
    • 0.81 lot acres
    Off-Market
    Property ID
    US86-0310771
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Automotive properties

    Property Details for 2885 Hwy 89

    Year built
    1991
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.81 lot acres
    Zone code
    C-H
    Property type
    Automotive properties
    APN
    06-095-0136
    APU
    60950136

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 15, 2019 — W & R Ents Lc — Grant Deed · related $1.6M · Cache Vly Bk
    May 16, 2000 — W & R Enterprises Lc Macdonald-christensen Grant Deed $1M · Key Bank NA
    — — W & R Enterprises Lc — Deed Of Trust · related $220k · Key Bank Of Utah
    — — W Lc — Deed Of Trust · related $1.5M · Genworth Life Insurance Co
    — — W & R Enterprises Lc — Deed Of Trust · related $1.3M · Greater Salt Lake Business Dis

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bountiful
    County
    Davis
    State
    Utah
    Longitude
    -111.898
    Latitude
    40.8586
    CBSA code
    36260
    CBSA name
    OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $11,542
    $290,730
    $306,562
    $597,292
    -
    $528,601
    $557,386
    $1,085,987

    Comparable in this City

    • Value Estimation
      $800,000
      13,690 SF

      2345 625th W

      VEHICLE SALES, RENTALS
      2345 625th W, Woods Cross, UT 84010-8182
      View Details
    • Value Estimation
      $915,000
      20,223 SF

      2300 Main St

      VEHICLE SALES, RENTALS
      2300 Main St, Woods Cross, UT 84010-7743
      View Details
    • Value Estimation
      $930,000
      26,451 SF

      2183 Main St

      VEHICLE SALES, RENTALS
      2183 Main St, Bountiful, UT 84010
      View Details
    • Value Estimation
      $1,940,000
      43,942 SF

      2375 625th W

      VEHICLE SALES, RENTALS
      2375 625th W, Woods Cross, UT 84010-8182
      View Details
    • Value Estimation
      $975,000
      21,773 SF

      2929 Hwy 91

      VEHICLE SALES, RENTALS
      2929 Hwy 91, Bountiful, UT 84010
      View Details
    • Value Estimation
      $2,715,000
      54,698 SF

      2380 Main St

      VEHICLE SALES, RENTALS
      2380 Main St, Woods Cross, UT 84010-7743
      View Details

    Similar Nearby for Sale

    • $2,999,999
      0.85 Acres

      Woods Cross Automotive Shop

      Well-maintained auto repair facility in Woods Cross, Utah.
      1635 S 500 W, Woods Cross, UT 84010
      View Details
    • $1,750,000
      0.39 Acres

      Profitable Gas Station in Bountiful

      Gas station and convenience store in a premier Bountiful location.
      280 W 500 S, Bountiful, UT 84010
      View Details
    • Contact for pricing
      21,294 SF

      Retail Space with High Traffic

      Retail space with high traffic counts and freeway access.
      416 W 500 S, Bountiful, UT 84010
      View Details
    • $1,500,000
      0.49 Acres

      Bountiful Bar & Grill - High Traffic!

      Established Bar & Grill, Seats 200+, Prime Location.
      980 500, Bountiful, UT 84010
      View Details
    • Contact for pricing
      Pending

      Bountiful Warehouse with Fenced Area

      Warehouse with four grade-level doors and secured fenced area.
      Unknown, Bountiful, UT 84010
      View Details
    • $524,900

      Bountiful Land For Sale

      Land available in Davis County, Bountiful, Utah.
      4031 Mountain Oaks Dr, Bountiful, UT 84010
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,405 SF

      Retail Space Near Dick's Market

      Retail space available with pylon and monument signage.
      2186 S Orchard Dr, Bountiful, UT 84010
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space in Anchored Center

      1,500 SF retail space in Smith's anchored center.
      2600 S Wildcat Way, Woods Cross, UT 84010
      View Details
    • Contact for pricing
      9,000 SF

      Retail Space with I-15 Exposure

      9,000 SF retail space with excellent co-tenancy and parking.
      190 S 500 W, Bountiful, UT 84010
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space for lease with high traffic counts.
      500 S 200 W, Bountiful, UT 84010
      View Details
    • Contact for pricing
      5,049 SF

      Free Standing Retail Building

      5,049 SF free standing building with drive-thru available for lease.
      155 W 500 S, Bountiful, UT 84010
      View Details
    • Contact for pricing
      2,246 SF

      Retail Space with High Traffic

      Retail space available with excellent traffic and co-tenancy.
      155 W 500 S, Bountiful, UT 84010
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2885 Hwy 89
    Bountiful, UT 84010-8548
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2885 Hwy 89, Bountiful, UT, 84010
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!