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Property profile & analytics
OFF-MARKET
Banks
86 University Ave 101 Provo, UT 84601-4420
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US86-0640700
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2004
Total area
5,770 SF
Lot
0.13 ac (5,750 SF)
APN
49-600-0001
UPID
US86-0640700
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
-
Jeppson Dental Dental Office
-
Wells Fargo Bank Bank Loan Service
-
Morrison Douglas W Law Firm
-
United Towing Provo Auto Repair Shop
-
Provo DUI Defense Attorneys Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Harris Financial Center LLC · 3 yrs held
Harris Financial Center LLC
since 2022
7 recorded transactions
Zoning & alternative use
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 Provo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Provo 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
—
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
$16,656
Tax year 2023
Assessed value
$1,616,300
Assessed 2023
Previous assessed
$1,616,300
+0.0% YoY
Effective rate
1.03%
On assessed value
Land market value
$94,600
Improvement market value
$1,521,700
Total market value
$1,616,300
Applied tax rate
110.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2004
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
1
Total area
5,770 SF
Lot
0.13 ac (5,750 SF)
APN
49-600-0001
UPID
US86-0640700
Jurisdiction
UTAH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2004
Heating
HOT WATER
Cooling
Yes
Stories
1
Lot
0.13 ac
Current owner
From public records · entity-resolved
Harris Financial Center LLC
Entity
Mailing address
86 N UNIVERSITY AVE #301, PROVO, UT 84601-4420
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
—
Harris Financial Center LLC
—
Deed
related
$1,316,000 · Mountain America FCU
Dec 19, 2024
—
Harris Financial Center LLC
—
Deed
related
$1,300,000 · Bsp Holdings LLC
Nov 30, 2023
—
Harris Financial Center LLC
—
Deed
related
$1,100,000 · Granite View Holdings LLC
May 11, 2023
—
Harris Financial Center LLC
—
Deed
related
$900,000 · Granite View Holdings LLC
Oct 21, 2022
—
Harris Financial Center LLC
Norco Vista LLC
Warranty Deed
—
Oct 27, 2016
—
Norco Vista LLC
—
Deed
related
$4,200,000 · Wells Fargo Bk
Jul 27, 2016
—
Norco Vista LLC
86 North Univ Avenue Holdings
Grant Deed
—
Nov 1, 2013
$10,600,000
86 North Univ Avenue Holdings
Newman Steven J
Trustees Deed
related
—
—
—
Provo Wf Center LLC
—
Deed Of Trust
related
$33,000 · Dj Property Solutions LLC
—
—
Norco Vista LLC
—
Deed Of Trust
related
$4,200,000 · Wells Fargo 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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