New search
Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Retail space
562 State St Clearfield, UT 84015-1733
Entity Owned
1-yr Hold
Free & Clear
Property ID
US86-0074662
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
4,846 SF
Lot
1.87 ac (81,457 SF)
Zoning code
C-2
APN
12-003-0190
UPID
US86-0074662
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
-
Chariot Auto Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$405k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$613k
Blend (final)
Blend
$640k
Owner & transaction history
Tjv Landworks LLC · 1 yrs held
Tjv Landworks LLC
since 2025
7 recorded transactions
Zoning & alternative use
C-2 · Clearfield, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$700,000
+71.5%
Medical building
$690,000
+69.0%
Auto repair, garage
$410,000
+0.8%
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 Clearfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clearfield 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
$405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$405,000
Current use
OFFICE BUILDING
$700,000
Change: +72% · Conversion: Easy
MEDICAL BUILDING
$690,000
Change: +69% · Conversion: Difficult
AUTO REPAIR, GARAGE
$410,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$132 / 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
$14,909
Tax year 2023
Assessed value
$747,212
Assessed 2023
Previous assessed
$747,212
+0.0% YoY
Effective rate
2.00%
On assessed value
Assessed land
$438,828
Assessed improvement
$308,384
Land market value
$797,870
Improvement market value
$560,699
Total market value
$1,358,569
Applied tax rate
713.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
4,846 SF
Lot
1.87 ac (81,457 SF)
Zoning code
C-2
APN
12-003-0190
UPID
US86-0074662
Jurisdiction
DAVIS
Zoning & alternative use
C-2 · Clearfield, UT
Zoning C-2 · permitted uses
C-2 · Clearfield, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clearfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$405,000
OFFICE BUILDING
Est. value
$700,000
MEDICAL BUILDING
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$410,000
RETAIL STORES Current
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2000
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
1.87 ac
Current owner
From public records · entity-resolved
Tjv Landworks LLC
Entity
Free & Clear · 1 yrs held
Mailing address
218 N 3425TH W, LAYTON, UT 84041-6718
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2025
—
Tjv Landworks LLC
Brough Holdings LLC
Warranty Deed
—
Aug 7, 2012
—
Brough Holdings LLC
C & K Realty LLC
Warranty Deed
$1,078,600 · American Bank Of Commerce
Aug 3, 2004
—
Thomas W Close
Close,tr
Quit Claim Deed
related
$1,188,000 · Barnes Banking Co
Feb 15, 2000
—
C & K Realty LLC
Peach Investments LLC
Grant Deed
$875,000 · Western Fsb
—
—
C & K Realty LLC
—
Deed Of Trust
related
$427,000 · Northern Utah Capital INC
—
—
C & K Realty LLC
—
Deed Of Trust
related
$800,000 · Chad Ritter
—
—
C & K Realty LLC
—
Deed Of Trust
related
$831,373 · Barnes Banking Co
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 562 State St?
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.
