New search
Property profile & analytics
FOR LEASE
Showrooms
940 S 2000 W Springville, UT 84663
Entity Owned
1-yr Hold
Free & Clear
Property ID
US86-1150781
For Lease
1 / 7
$26.90 SF/Yr
940 S 2000 W, Springville, UT 84663
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2001
Total area
79,188 SF
Lot
5.54 ac (241,322 SF)
APN
40-554-0001
UPID
US86-1150781
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
-
Imperial Plumbing Plumbing Service General Contractor
-
DRAFT (draft homes) (Bike/Boat/Book/etc) Store Corporate Office
-
Endo-C Inc Research Institute Medical Clinic
-
Marquee IT LLC Tech Support Center (Bike/Boat/Book/etc) Store
-
Endo-C LLC Research Foundation
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
Gramville Investments LLC · 1 yrs held
Gramville Investments LLC
since 2025
5 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 Springville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Springville 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
$86,135
Tax year 2023
Assessed value
$8,629,000
Assessed 2023
Previous assessed
$8,629,000
+0.0% YoY
Effective rate
1.00%
On assessed value
Land market value
$1,227,900
Improvement market value
$7,401,100
Total market value
$8,629,000
Applied tax rate
131.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Year built
2001
Heating
PACKAGE
Cooling
YES
Stories
1
Total area
79,188 SF
Lot
5.54 ac (241,322 SF)
APN
40-554-0001
UPID
US86-1150781
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
2001
Heating
PACKAGE
Cooling
Yes
Stories
1
Lot
5.54 ac
Current owner
From public records · entity-resolved
Gramville Investments LLC
Entity
Free & Clear · 1 yrs held
Mailing address
506 N 200TH W, CEDAR CITY, UT 84721-3544
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2025
—
Gramville Investments LLC
Springville Green Holdings LLC
Warranty Deed
—
Apr 19, 2023
—
Springville Green Holdings LLC
—
Deed
related
$2,000,000 · State Bank Of Southern Utah
Mar 30, 2023
—
Springville Green Holdings LLC
Gw Green Family Limited Partnership
Warranty Deed
$1,500,000 · Gw Green Family Limited Partnership
Jun 23, 2016
$1,500,000
Gw Green Fam LP
Call Steven W|grass Valley Holdings LP
Trustees Deed
$5,824,436 · State Bk/sthrn Ut
Jun 23, 2016
$4,800,000
Gw Green Fam LP
Call Steven W|grass Valley Holdings LP
Trustees Deed
—
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?”
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.
