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Property profile & analytics
FOR LEASE
Office buildings
563 West 500 South Bountiful, UT 84010
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US86-0359581
For Lease
1 / 2
$300/Mo
563 West 500 South, Bountiful, UT 84010
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
STEEL FRAME
Total area
53,857 SF
Lot
1.65 ac (71,874 SF)
Zoning code
C-H
APN
06-049-0130
UPID
US86-0359581
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
-
Embrace Clinical Services and Consulting Crisis Center Medical Clinic
-
Helm Financial Services Financial Advisor
-
Bierwolf & Nilson PLLC Tax Preparation
-
Lester Lemon Real Estate Agency
-
Mind and Strength Counseling Psychotherapist Social Worker
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.75M
Comparable Approach
Comparable
$8.52M
Blend (final)
Blend
$9.64M
Owner & transaction history
Bountiful Gateway Investors LLC · 3 yrs held
Bountiful Gateway Investors LLC
since 2022
5 recorded transactions
Zoning & alternative use
C-H · Bountiful, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$13.0M
+49.2%
Commercial (general)
$12.9M
+47.7%
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 Bountiful submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bountiful 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
by Request
CAP Approach
CAP Return
Estimation
6%
$11,640,000
6.5%
$10,745,000
7%
$9,980,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$8,725,000
Current use
MEDICAL BUILDING
$13,015,000
Change: +49% · Conversion: Easy
COMMERCIAL (GENERAL)
$12,885,000
Change: +48% · Conversion: Easy
Blend value · Realmo final
$9.64M
Range $8.67M – $10.60M · ±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
$179 / 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
$100,526
Tax year 2023
Assessed value
$5,277,043
Assessed 2023
Previous assessed
$5,277,043
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$380,034
Assessed improvement
$4,897,009
Land market value
$690,971
Improvement market value
$8,903,654
Total market value
$9,594,625
Applied tax rate
71.0000
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
For Lease
Year built
1985
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
4
Units
1
Total area
53,857 SF
Lot
1.65 ac (71,874 SF)
Zoning code
C-H
APN
06-049-0130
UPID
US86-0359581
Jurisdiction
DAVIS
Zoning & alternative use
C-H · Bountiful, UT
Zoning C-H · permitted uses
C-H · Bountiful, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bountiful. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$8.7M
MEDICAL BUILDING
Est. value
$13.0M
COMMERCIAL (GENERAL)
Est. value
$12.9M
OFFICE BUILDING Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1985
Construction
STEEL FRAME
Heating
PACKAGE
Cooling
Yes
Stories
4
Units
1
Lot
1.65 ac
Current owner
From public records · entity-resolved
Bountiful Gateway Investors LLC
Entity
Mailing address
136 HEBER AVE STE #204, PARK CITY, UT 84060-5240
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2026
—
Bountiful Gateway Investors LLC
—
Deed
related
$400,000 · Security Service FCU
Aug 31, 2022
—
Bountiful Gateway Investors LLC
Gateway Office Tower LLC
Special Warranty Deed
$4,300,000 · Security Service FCU
Mar 17, 2017
—
Bountiful Gateway Park LLC
Bountiful Gateway Park Ltd
Quit Claim Deed
related
—
Dec 19, 2008
—
Bountiful Gateway Park LLC
Bountiful Gateway Park Ltd
Quit Claim Deed
—
—
—
Bountiful Gateway Park Ltd
—
Deed Of Trust
related
$4,175,000 · Fortis Benefits Insurance 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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