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Property profile & analytics
OFF-MARKET
Investment properties
Farmington, UT 84025
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US86-0719224
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1974
Construction
FRAME
Total area
1,500 SF
Lot
3.68 ac (160,475 SF)
Zoning code
A
APN
08-088-0080
UPID
US86-0719224
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lagoon Investament Co Lc · 7 yrs held
Lagoon Investament Co Lc
since 2019
3 recorded transactions
Zoning & alternative use
A · Farmington, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This Zone are intended to provide areas for the keeping of farm animals and fowl in conjunction with single- family dwelling units to an extent consistent with said development and in proportion to the amount of land area provided for this purpose
Zone name
Agricultural
General category
RESIDENTIAL
Zone area
312.62 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 Farmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmington 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
$8,112
Tax year 2023
Assessed value
$519,942
Assessed 2023
Previous assessed
$519,942
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$519,667
Assessed improvement
$275
Land market value
$944,850
Improvement market value
$500
Total market value
$945,350
Applied tax rate
24.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1974
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Rooms
8
Bathrooms
3
Total area
1,500 SF
Lot
3.68 ac (160,475 SF)
Zoning code
A
APN
08-088-0080
UPID
US86-0719224
Jurisdiction
DAVIS
Zoning & alternative use
A · Farmington, UTZoning A · permitted uses
A · Farmington, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This Zone are intended to provide areas for the keeping of farm animals and fowl in conjunction with single- family dwelling units to an extent consistent with said development and in proportion to the amount of land area provided for this purpose
Zone name
Agricultural
General category
RESIDENTIAL
Zone area
312.62 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1974
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Rooms
8
Bathrooms
3
Lot
3.68 ac
Current owner
From public records · entity-resolved
Lagoon Investament Co Lc
Entity
Mailing address
PO BOX 696, FARMINGTON, UT 84025-0696
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2019
—
Lagoon Investament Co Lc
—
Grant Deed
related
$35,000,000 · Wells Fargo Equipment Fin
Jan 2, 2019
—
Lagoon Investment Co Lc
—
Loan Modification
related
$8,000,000 · Wells Fargo Bk
Aug 22, 2014
—
Lagoon Investment Co Lc
—
Grant Deed
related
$15,000,000 · Wells Fargo Equipment Fin
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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