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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Warehouses
Farmington, UT 84025
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US86-0770340
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2024
Total area
5,800 SF
Lot
2.67 ac (116,305 SF)
Zoning code
LM&B
APN
08-080-0071
UPID
US86-0770340
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
$705k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Scott Group LLC · 18 yrs held
Scott Group LLC
since 2007
7 recorded transactions
Zoning & alternative use
LM&B · Farmington, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$945,000
+282.0%
Medical building
$945,000
+281.5%
Office building
$780,000
+215.3%
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
Method
Estimation
Statistic approach
by Request
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$695,000
7%
$645,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$945,000
Change: +282% · Conversion: Difficult
MEDICAL BUILDING
$945,000
Change: +281% · Conversion: Difficult
OFFICE BUILDING
$780,000
Change: +215% · Conversion: Difficult
RESTAURANT
$705,000
Change: +185% · Conversion: Difficult
RETAIL STORES
$545,000
Change: +120% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$495,000
Change: +100% · Conversion: Difficult
AUTO REPAIR, GARAGE
$490,000
Change: +98% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$121 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$35,894
Tax year 2024
Assessed value
$2,604,448
Assessed 2024
Previous assessed
$2,604,448
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$415,431
Assessed improvement
$2,189,017
Land market value
$755,330
Improvement market value
$3,980,032
Total market value
$4,735,362
Applied tax rate
23.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2024
Heating
PACKAGE
Buildings
10
Stories
1
Units
30
Total area
5,800 SF
Lot
2.67 ac (116,305 SF)
Zoning code
LM&B
APN
08-080-0071
UPID
US86-0770340
Jurisdiction
DAVIS
Zoning & alternative use
LM&B · Farmington, UTZoning LM&B · permitted uses
LM&B · Farmington, UT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$945,000
MEDICAL BUILDING
Est. value
$945,000
OFFICE BUILDING
Est. value
$780,000
RESTAURANT
Est. value
$705,000
RETAIL STORES
Est. value
$545,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$495,000
AUTO REPAIR, GARAGE
Est. value
$490,000
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
RESTAURANT
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2024
Heating
PACKAGE
Stories
1
Buildings
10
Units
30
Lot
2.67 ac
Current owner
From public records · entity-resolved
Scott Group LLC
Entity
Mailing address
907 WOODLAND HLS CIR, BOUNTIFUL, UT 84010-3059
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2022
—
The Scott Group LLC
—
Deed
related
$2,700,000 · Bank Of Utah
Jun 26, 2018
—
Scott Group LLC
—
Deed
related
$221,250 · Bank Of Ut
Sep 1, 2017
—
Scott Group LLC
—
Deed
related
—
Oct 2, 2007
—
Scott Group LLC
Smith,jeff W & Judy
Warranty Deed
$1,475,000 · Bank Of American Fork
Feb 16, 2006
—
Jeff W Smith
Mark Robinson Construction INC
Warranty Deed
—
—
—
Scott Group LLC
—
Deed Of Trust
related
$68,411 · Irwin Hunsaker
—
—
Scott Group LLC
—
Deed Of Trust
related
$113,176 · Evonne Z Desanti
—
—
Scott Group LLC
—
Deed Of Trust
related
$68,411 · James A Desanti
—
—
Jeff W Smith
—
Deed Of Trust
related
$1,576,700 · Howard Kent INC
—
—
Scott Group LLC
—
Loan Modification
related
—
—
—
Scott Group LLC
—
Deed Of Trust
related
$221,250 · Bank Of Ut
—
—
Scott Group LLC
—
Deed Of Trust
related
$1,480,000 · Bank Of Utah
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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