Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Office buildings
5617 1475th E South Ogden, UT 84403-4572
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0247161
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
WOOD FRAME
Total area
3,112 SF
Lot
0.64 ac (27,878 SF)
APN
07-464-0013
UPID
US86-0247161
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
$400k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$649k
Blend (final)
Blend
$635k
Owner & transaction history
Solanas Group LLC · 1 yrs held
Solanas Group LLC
since 2024
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$555,000
+23.5%
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 South Ogden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Ogden 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
$400,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$615,000
7%
$575,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$450,000
Current use
COMMERCIAL (GENERAL)
$555,000
Change: +23% · Conversion: Easy
MEDICAL BUILDING
$435,000
Change: -3% · Conversion: Easy
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$204 / 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
$11,482
Tax year 2024
Assessed value
$984,999
Assessed 2024
Previous assessed
$934,000
+5.5% YoY
Effective rate
1.17%
On assessed value
Assessed land
$238,442
Assessed improvement
$746,557
Land market value
$238,442
Improvement market value
$746,557
Total market value
$984,999
Applied tax rate
27.0000
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
2004
Construction
WOOD FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
3,112 SF
Lot
0.64 ac (27,878 SF)
APN
07-464-0013
UPID
US86-0247161
Jurisdiction
WEBER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$450,000
COMMERCIAL (GENERAL)
Est. value
$555,000
MEDICAL BUILDING
Est. value
$435,000
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
2004
Construction
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Solanas Group LLC
Entity
Mailing address
375 N MARTIN ST E #102, KAYSVILLE, UT 84037
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2024
—
Solanas Group LLC
Eagles Nest Investments LLC
Warranty Deed
$1,689,100 · America First FCU
Dec 8, 2021
—
Nilson And Company INC
West Park Community LLC
Special Warranty Deed
$369,741 · Altabank
Oct 7, 2021
—
Nilson And Company INC
Wasatch Meadows Community LLC
Special Warranty Deed
—
Jun 7, 2018
—
Nilson &e Co INC
Havenwood Village LLC
Grant Deed
related
—
Jun 1, 2018
—
Nilson Homes
—
Deed
related
$91,000 · Nilson Susan W Living Tr (lt)
Feb 1, 2018
—
Bsn Investments LLC
Nilson & Co INC
Grant Deed
—
Jan 26, 2004
—
Nilson & Co INC
—
Trustees Deed
related
$489,000 · Bank Of Utah
Apr 17, 2002
—
Homes Nilson
Ford,michael J & Angela
Grant Deed
related
—
Mar 18, 2002
—
Michael J Ford
English,floyd L & Elaine
Grant Deed
related
—
Oct 30, 1995
—
Vintage Homes Lc
Fox Chase Associates LLC
Trustees Deed
related
—
—
—
Homes Nilson
—
Deed Of Trust
related
$1,636,263 · Soderby Ltd
—
—
Homes Nilson
—
Deed Of Trust
related
$255,000 · Utah Certified Dev Co
—
—
Nilson Homes
—
Deed Of Trust
related
$91,000 · Nilson Susan W Living Tr (lt)
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 5617 1475th E?
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.
