New search
Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Office buildings
Bountiful, UT 84010
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US86-0733252
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Construction
WOOD
Total area
4,689 SF
Lot
0.37 ac (16,248 SF)
Zoning code
CG
APN
06-049-0186
UPID
US86-0733252
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
by Request
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$741k
Blend (final)
Blend
$840k
Owner & transaction history
698 West 500 South LLC · 1 yrs held
698 West 500 South LLC
since 2025
7 recorded transactions
Zoning & alternative use
CG · Bountiful, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+49.2%
Commercial (general)
$1.1M
+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%
$1,015,000
6.5%
$935,000
7%
$870,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$760,000
Current use
MEDICAL BUILDING
$1,135,000
Change: +49% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,120,000
Change: +48% · Conversion: Easy
Blend value · Realmo final
$840k
Range $756k – $924k · ±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
$8,918
Tax year 2023
Assessed value
$458,700
Assessed 2023
Previous assessed
$458,700
+0.0% YoY
Effective rate
1.94%
On assessed value
Assessed land
$67,004
Assessed improvement
$391,695
Land market value
$121,826
Improvement market value
$712,174
Total market value
$834,000
Applied tax rate
57.0000
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
1998
Construction
WOOD
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
4,689 SF
Lot
0.37 ac (16,248 SF)
Zoning code
CG
APN
06-049-0186
UPID
US86-0733252
Jurisdiction
DAVIS
Zoning & alternative use
CG · Bountiful, UT
Zoning CG · permitted uses
CG · 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
$760,000
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$1.1M
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
1998
Construction
WOOD
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
698 West 500 South LLC
Entity
Mailing address
14841 E WILDCAT DR, SCOTTSDALE, AZ 85262-6898
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
Feb 3, 2025
—
698 West 500 South LLC
Dr Pam Enterprises LLC
Warranty Deed
$6,545,000 · Live Oak Banking Company
Jun 27, 2019
—
Dr Pam Ents LLC
Animal Care Center INC
Quit Claim Deed
related
—
Oct 24, 2014
—
Animal Care Center INC
Nichols,pamela
Grant Deed
$98,000 · First Nat'l Bk/layton
Jan 16, 2014
—
Pamela Nichols
Epperson,leland B
Quit Claim Deed
related
—
Jul 12, 1999
—
Leland B Epperson
Epperson,leland B & Pamela A
Quit Claim Deed
related
$218,000 · Greater Salt Lake Business Dis
—
—
Pamela Nichols
—
Deed Of Trust
related
$100,000 · Jp Morgan Chase Bank NA
—
—
Pamela Nichols
—
Deed Of Trust
related
$270,000 · Jp Morgan Chase Bank NA
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?”
Own this property?
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.
