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    Roy, UT 84067
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    Property profile & analytics

    , Roy, UT 84067

    View on Map
    • Strip malls
    • 19,842 SF
    • 0.79 lot acres
    Off-Market
    Last Sale Mar 5, 2024
    Property ID
    US86-0748535
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $760,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Strip malls

    Property Details

    Year built
    1975
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.79 lot acres
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    09-512-0004
    APU
    95120004

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 5, 2024 — Utah Department Of Transportation Roy Retail LLC Warranty Deed —
    Jun 4, 2021 — Abathasca Roy Retail Land Company L M5si LLC Special Warranty Deed —
    Aug 25, 2016 — M5si LLC Stuart Hulbert Partners LLC Special Warranty Deed $3.8M · Capital Community Bank
    Dec 17, 2014 — Stuart Hulbert Partners LLC Nelson Milton R Trust Grant Deed $1M · Roy Retail Loan Partners LLC
    Apr 6, 2012 — Russell Jack E Trust Russell Jack E & D L Trust Quit Claim Deed —
    Oct 8, 2009 — Nelson Milton R Trust Russell Jack E & D L Trust Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $685,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $836,000
      Market price range: $837k - $1.29M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,055,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Roy
    County
    Weber
    State
    Utah
    Longitude
    -112.027
    Latitude
    41.1624
    CBSA code
    36260
    CBSA name
    OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,246
    $627,651
    $1,158,349
    $1,786,000
    -
    $627,651
    $1,158,349
    $1,786,000

    Comparable in this City

    • Value Estimation by Request
      4,568 SF

      Roy, UT 84067

      SHOPPING CENTER, STRIP CENTER
      Roy, UT 84067
      View Details
    • Value Estimation
      $590,000
      13,536 SF

      5451 1900th W

      SHOPPING CENTER, STRIP CENTER
      5451 1900th W, Roy, UT 84067-3025
      View Details
    • Value Estimation by Request
      630 SF

      5680 1900th W

      SHOPPING CENTER, STRIP CENTER
      5680 1900th W, Roy, UT 84067-2302
      View Details
    • Value Estimation by Request
      5,356 SF

      6040 3500th W

      SHOPPING CENTER, STRIP CENTER
      6040 3500th W, Roy, UT 84067-6000
      View Details
    • Value Estimation by Request
      1,500 SF

      5688 1900th W

      SHOPPING CENTER, STRIP CENTER
      5688 1900th W, Roy, UT 84067-2302
      View Details
    • Value Estimation
      $625,000
      10,288 SF

      3484 4800th S

      SHOPPING CENTER, STRIP CENTER
      3484 4800th S, Roy, UT 84067-9430
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      21,200 SF

      Retail Center Investment Opportunity

      96% occupied retail center with leases into 2027.
      1908-1946 W 5600 S, Roy, UT 84067
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    • Contact for pricing
      5,870 SF

      Freeway Adjacent Retail Investment

      Fully leased retail units with high visibility billboard.
      5676 S 1900 W, Roy, UT 84067
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    • Contact for pricing

      Operating Car Wash For Sale

      Operating car wash with automatic and self-service bays.
      1865 W 5300 S, Roy, UT 84067
      View Details
    • $2,897,000
      0.94 Acres

      5211 1900, Roy, UT 84067

      Retail properties & Spaces
      5211 1900, Roy, UT 84067
      View Details
    • Contact for pricing
      13,650 SF

      Roy Retail Space For Sale

      Retail space available in Roy, Utah, with 8.50% CAP.
      5554 S 1900 W, Roy, UT 84067
      View Details
    • Contact for pricing
      36,130 SF

      Fully Leased Investment Opportunity

      36,130 SF industrial-office flex space for sale.
      4074 S 1900 W, Roy, UT 84067
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,856 SF

      Retail Space in Roy, Utah

      Retail space available in grocery-anchored shopping center.
      3518 W 5600 S, Roy, UT 84067
      View Details
    • Contact for pricing
      10,255 SF

      Retail Space with High Exposure

      Retail space with great exposure and access to I-15.
      5673 S 1900 W, Roy, UT 84067
      View Details
    • Contact for pricing
      1,092 SF

      Retail Space in Grocery Anchored Center

      Retail spaces available in Roy, Utah, anchored by Kent’s Market.
      3535-3570 W 5500 S, Roy, UT 84067
      View Details
    • Contact for pricing
      3,200 SF

      Retail Space Available For Rent

      Retail suites and turnkey food court booth available for rent.
      5651-5697 S 1900 W, Roy, UT 84067
      View Details
    • Contact for pricing

      Commercial Land Pad Available

      Land available for sale, ground lease, or build-to-suit.
      6000 S 3500 W, Roy, UT 84067
      View Details
    • Contact for pricing

      Land Available Near Grocery Store

      Two land pads available for ground lease or purchase.
      3610 W 5500 S, Roy, UT 84067
      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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