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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Office buildings
5533 1900th W Roy, UT 84067-3548
Entity Owned
1-yr Hold
Free & Clear
Property ID
US86-0482796
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Construction
WOOD FRAME
Total area
2,992 SF
Lot
0.4 ac (17,475 SF)
Zoning code
03A
APN
09-046-0001
UPID
US86-0482796
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
-
Utah Foundation Plastering LLC Charitable Organization
-
Freedom Insurance Utah Insurance Agency
-
Producers Benefits Alliance Group Insurance Agency
-
Divine Elegance Wig Boutique Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
$595k
Comparable Approach
Comparable
$634k
Blend (final)
Blend
$615k
Owner & transaction history
Utah Department Of Transportation · 1 yrs held
Utah Department Of Transportation
since 2024
2 recorded transactions
Zoning & alternative use
03A · Roy, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Agenda
Top alternative use upside
Commercial (general)
$650,000
+46.0%
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 Roy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roy 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
Method
Estimation
Statistic approach
by Request
ML approach
$370,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$595,000
7%
$550,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$445,000
Current use
COMMERCIAL (GENERAL)
$650,000
Change: +46% · Conversion: Easy
MEDICAL BUILDING
$395,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$206 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$6,191
Tax year 2024
Assessed value
$604,998
Assessed 2024
Previous assessed
$604,998
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$262,125
Assessed improvement
$342,873
Land market value
$262,125
Improvement market value
$342,873
Total market value
$604,998
Applied tax rate
534.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Construction
WOOD FRAME
Heating
YES
Cooling
AC.PACKAGE
Buildings
3
Stories
2
Total area
2,992 SF
Lot
0.4 ac (17,475 SF)
Zoning code
03A
APN
09-046-0001
UPID
US86-0482796
Jurisdiction
WEBER
Zoning & alternative use
03A · Roy, UTZoning 03A · permitted uses
03A · Roy, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Agenda
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$445,000
COMMERCIAL (GENERAL)
Est. value
$650,000
MEDICAL BUILDING
Est. value
$395,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1955
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Lot
0.4 ac
Current owner
From public records · entity-resolved
Utah Department Of Transportation
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 36, CLEARFIELD, UT 84089-0036
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2024
—
Utah Department Of Transportation
Charles Maughan
Warranty Deed
—
Jun 21, 2010
—
Charles Maughan
Stegen,gary E
Warranty Deed
$70,000 · Gary E Stegen
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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