Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    460 2000th W Springville, UT 84663-5648
    Back to Search
    Property profile & analytics

    460 2000th W, Springville, UT 84663-5648

    View on Map
    • Retail space
    • 9,676 SF
    • 2.83 lot acres
    Off-Market
    Property ID
    US86-0117285
    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

    • Cracker Barrel Old Country Store / Restaurant

    Property Details for 460 2000th W

    Year built
    1997
    Lot size
    2.83 lot acres
    Property type
    Retail space
    APN
    37-113-0002
    APU
    371130002

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 13, 2010 — Bradley A Tew Tew Ronald E Quit Claim Deed · related —
    Jan 19, 2005 — Cbocs West INC — Deed Of Trust · related $48.1M · Rocking Chair INC

    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
    Springville
    County
    Utah
    State
    Utah
    Longitude
    -111.65
    Latitude
    40.1602
    CBSA code
    39340
    CBSA name
    PROVO-OREM, 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
    $19,082
    $0.00
    $0.00
    $1,911,600
    -
    $881,300
    $1,030,300
    $1,911,600

    Comparable in this City

    • Value Estimation by Request

      400 1200

      Individual retail properties
      400 1200, Springville, UT 84663
      View Details
    • Value Estimation by Request
      1,628 SF

      511 Main St

      RETAIL STORES (PERSONAL SERVICES)
      511 Main St, Springville, UT 84663-2255
      View Details
    • Value Estimation by Request
      2,342 SF

      397 400th S

      RETAIL STORES (PERSONAL SERVICES)
      397 400th S, Springville, UT 84663-1959
      View Details
    • Value Estimation by Request
      5,879 SF

      595 Main St

      RETAIL STORES (PERSONAL SERVICES)
      595 Main St, Springville, UT 84663-1079
      View Details
    • Value Estimation by Request
      3,964 SF

      188 Main St

      RETAIL STORES (PERSONAL SERVICES)
      188 Main St, Springville, UT 84663-1849
      View Details
    • Value Estimation by Request
      5,049 SF

      1180 Main St

      RETAIL STORES (PERSONAL SERVICES)
      1180 Main St, Springville, UT 84663-5617
      View Details

    Similar Nearby for Sale

    • $720,000
      0.12 Acres

      Versatile Commercial Space on Main

      Prime Main Street location with excellent visibility and foot traffic.
      236 S Main St, Springville, UT 84663
      View Details
    • Contact for pricing
      5,141 SF

      Springville Retail Property For Sale

      Retail property built in 2008, located in Springville, Utah.
      665 E 400 S, Springville, UT 84663
      View Details
    • Contact for pricing

      Three Industrial Condos For Sale

      Three 8,100 SF industrial condos available for purchase.
      135-139 West 900 North, Springville, UT 84663
      View Details
    • $150,000
      4.88 Acres

      Treed Lot with Breathtaking Views

      4.88 acre treed lot with views in Upper Whittemore.
      111 Upper Whittemore Dr, Springville, UT 84663
      View Details
    • Contact for pricing

      Springville I-15 Development Land

      49.39 acre development site with I-15 frontage.
      1700 N 1750 W, Springville, UT 84663
      View Details
    • Contact for pricing

      10.38 Acre Retail Development Land

      Retail development land with high visibility and easy interstate access.
      1750 W 400 S, Springville, UT 84663
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,145 SF

      Retail and Apartment Building Space

      Retail and apartment units available for lease.
      655 S 1200 W, Springville, UT 84663
      View Details
    • Contact for pricing
      2,217 SF

      Retail Space with Freeway Access

      Retail space available with convenient freeway access and established co-tenants.
      977 W 400 S, Springville, UT 84663
      View Details
    • Contact for pricing
      1,620 SF

      Retail Space Near Freeway Access

      Retail space with quick freeway access and signage available.
      1795 W 500 S, Springville, UT 84663
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Springville Center

      Retail spaces available in a busy Springville shopping center.
      510 S 950 W, Springville, UT 84663
      View Details
    • Contact for pricing
      5,376 SF

      Retail and Grocery Space Available

      Retail and grocery space with ample parking and outdoor space.
      340-380 S Main St, Springville, UT 84663
      View Details
    • Contact for pricing
      105,000 SF

      Retail and Office Space Available

      New retail and office spaces in Springville's newest development.
      102 W 1400 N, Springville, UT 84663
      View Details

    Property Visit Statistics

    • Visits by month
      23.8k
    • Visitors by month
      21.3k
    • Avg Time on site
      63 min
    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.
    460 2000th W
    Springville, UT 84663-5648
    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
    460 2000th W, Springville, UT, 84663
    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!