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Property profile & analytics
OFF-MARKET
Warehouses
350 700th S Springville, UT 84663-2217
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0522301
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1970
Total area
10,098 SF
Lot
1.42 ac (62,029 SF)
APN
26-029-0053
UPID
US86-0522301
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Davis,j Michael · 15 yrs held
Davis,j Michael
since 2010
7 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 Springville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springville 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,002
Tax year 2024
Assessed value
$1,024,700
Assessed 2024
Previous assessed
$1,024,700
+0.0% YoY
Effective rate
0.98%
On assessed value
Land market value
$534,000
Improvement market value
$490,700
Total market value
$1,024,700
Applied tax rate
130.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
10,098 SF
Lot
1.42 ac (62,029 SF)
APN
26-029-0053
UPID
US86-0522301
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
1970
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
1.42 ac
Current owner
From public records · entity-resolved
Davis,j Michael
Individual
Mailing address
307 W 700TH S, SPRINGVILLE, UT 84663-2218
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2010
—
Davis,j Michael
Garroni Investments LLC
Quit Claim Deed
related
$300,000 · Pacific Horizon Cu
Jan 5, 2009
—
Garroni Investments LLC
Davis,j Michael
Grant Deed
related
—
May 30, 2006
—
Davis,j Michael
Garroni Investments LLC
Grant Deed
related
—
Feb 23, 2006
—
Garroni Investments LLC
7th South Investments LLC
Quit Claim Deed
related
—
Jul 22, 2005
—
7th South Investments LLC
Jensen,kenneth V & Joyce E
Warranty Deed
related
—
—
—
Davis,j Michael
—
Deed Of Trust
related
$100,000 · Pacific Horizon Cu
—
—
Garroni Investments LLC
—
Loan Modification
related
—
—
—
Kenneth V Jensen
—
Deed Of Trust
related
$253,429 · Central Bank & Trust
—
—
Kenneth V Jensen
—
Deed Of Trust
related
$126,679 · Central Bank & Trust
—
—
Garroni Investments LLC
—
Loan Modification
related
$295,300 · Pacific Horizon Cu
—
—
Garroni Investments LLC
—
Deed Of Trust
related
$330,000 · Just Foundation INC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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