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Property profile & analytics
OFF-MARKET
Estimated value
$1,225,000
Distribution centers
Clearfield, UT 84015
Individually Owned
6-yr Hold
Free & Clear
Property ID
US86-0722993
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1995
Total area
40,705 SF
Lot
1.5 ac (65,340 SF)
Zoning code
B-1
APN
12-003-0093
UPID
US86-0722993
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
$940k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.23M
Owner & transaction history
Parc Cmnty Ptshp Foun · 6 yrs held
Parc Cmnty Ptshp Foun
since 2019
2 recorded transactions
Zoning & alternative use
B-1 · Clearfield, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The B-1 buffer zone is established to provide areas which allow for low intensity, density and impact, nonresidential uses to serve as a buffer area between existing or master planned residential areas and high traffic volume corridors, railroad track corridors, industrially zoned areas and general commercially zoned areas within the city
Zone name
Buffer
General category
INDUSTRIAL
Zone area
3.14 ac
Source
Realmo
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
$940,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,550,000
Current use
Blend value · Realmo final
$1.23M
Range $1.10M – $1.35M · ±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
$30 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$2,260,407
Assessed 2023
Previous assessed
$3,054,503
-26.0% YoY
Assessed land
$212,627
Assessed improvement
$2,047,780
Land market value
$386,595
Improvement market value
$3,723,237
Total market value
$4,109,832
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1995
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
40,705 SF
Lot
1.5 ac (65,340 SF)
Zoning code
B-1
APN
12-003-0093
UPID
US86-0722993
Jurisdiction
DAVIS
Zoning & alternative use
B-1 · Clearfield, UTZoning B-1 · permitted uses
B-1 · Clearfield, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The B-1 buffer zone is established to provide areas which allow for low intensity, density and impact, nonresidential uses to serve as a buffer area between existing or master planned residential areas and high traffic volume corridors, railroad track corridors, industrially zoned areas and general commercially zoned areas within the city
Zone name
Buffer
General category
INDUSTRIAL
Zone area
3.14 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.6M
WAREHOUSE, STORAGE Current
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
1995
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.5 ac
Current owner
From public records · entity-resolved
Parc Cmnty Ptshp Foun
Individual
Free & Clear · 6 yrs held
Mailing address
685 PARC CIR, CLEARFIELD, UT 84015
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2019
—
Parc Cmnty Ptshp Foun
Board Of Education/davis Sch Dist
Quit Claim Deed
related
—
Jul 5, 2007
—
Board Of Education/davis Sch Dist
Board Of Education/davis Sch Dist
Quit Claim Deed
related
—
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.
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