Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,780,000
Assisted living facilities
547 Sta Pkwy Farmington, UT 84025-2888
Entity Owned
9-yr Hold
Free & Clear
Property ID
US86-0874687
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2018
Total area
127,480 SF
Lot
4.34 ac (189,050 SF)
Zoning code
A
APN
08-569-0303
UPID
US86-0874687
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
-
Legacy House of Park Lane Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.78M
Owner & transaction history
Legacy House Of Park Lane LLC · 9 yrs held
Legacy House Of Park Lane LLC
since 2016
6 recorded transactions
Zoning & alternative use
A · Farmington, 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 Farmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmington 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
$30 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$123,447
Tax year 2023
Assessed value
$12,669,789
Assessed 2023
Previous assessed
$12,669,789
+0.0% YoY
Effective rate
0.97%
On assessed value
Assessed land
$1,427,177
Assessed improvement
$11,242,611
Land market value
$2,594,869
Improvement market value
$20,441,112
Total market value
$23,035,981
Applied tax rate
23.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2018
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Total area
127,480 SF
Lot
4.34 ac (189,050 SF)
Zoning code
A
APN
08-569-0303
UPID
US86-0874687
Jurisdiction
DAVIS
Zoning & alternative use
A · Farmington, UT
Zoning A · permitted uses
A · Farmington, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Heating
PACKAGE
Cooling
Yes
Stories
2
Lot
4.34 ac
Current owner
From public records · entity-resolved
Legacy House Of Park Lane LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1201 E WILMINGTON AVE STE #115, SALT LAKE CITY, UT 84106-3774
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Dec 15, 2023
—
Legacy House Of Park Lane LLC
—
Deed
related
$22,500,000 · Protective Life Insurance Co
May 26, 2022
—
Legacy House Of Park Lane LLC
—
Deed
related
$18,653,000 · Zb NA
Feb 24, 2022
—
Legacy House Of Park Lane LLC
—
Deed
related
$18,480,000 · Zb NA
Jan 12, 2021
—
Legacy House Of Park Lane LLC
—
Deed
related
$18,480,000 · Zions First Nat'l Bk
Dec 7, 2016
—
Legacy House Of Park Lane LLC
Assisted Living V LLC
Grant Deed
related
—
—
—
Legacy House Of Park Lane LLC
—
Loan Modification
related
$18,480,000 · Zions First Nat'l Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 547 Sta Pkwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
