385 1000Clearfield, UT 84015

Property Details for 385 1000

Year built

2017

Lot size

0.43 AC

Property size (Sq ft)

7,400 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Retail space

APN

14-248-0002

APU

142480002

Description

This exceptional 9,200-square-foot flex warehouse building in Clearfield, Utah, presents a compelling owner-user investment opportunity. Located at 385 N 1000 W, Clearfield, UT 84015, this property boasts a spacious layout, combining 3,600 square feet of office space with 5,600 square feet of warehouse area. Built in 2017, the building features a 19-foot ceiling height, ideal for various industrial uses. The property sits on a 0.43-acre lot and includes one 20' x 14' grade-level loading door. The building is equipped with 240 single-phase power. Zoned C-2, this versatile space offers significant potential for a wide range of businesses. The asking price is $1,850,000, translating to $201.09 per square foot. While currently under contract with backup offers being accepted, this presents a rare chance to acquire a prime industrial property in a thriving Utah location. An adjacent building is also available for sale.

• CAP approach

  CAP return

  Valuation

  6%

  $2,873,496

  6.5%

  $2,652,458

  7%

  $2,462,996

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,736,127

  Geo Method

  $3,736,127

• Alternative Use

  Use

  Valuation

  Residential

  $2,237,447

  Hospitality

  $2,049,490

  Educational

  $1,705,151

  Medical

  $1,763,794

  Retail

  $2,652,458

Location Insight

City

Clearfield

County

Davis

State

Utah

Latitude

41.1192

Longitude

-112.046

CBSA code

36260

CBSA name

OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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