4074 1900Roy, UT 84067

  • Office properties
  • 34,599 SF
For Sale
$6,950,000 View listing

Property Details for 4074 1900

Year built
1985
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.65 AC
Property size (Sq ft)
34,599 SF
Property type
Office properties
Property subtype
Office buildings
APN
08-457-0006
APU
84570006

Description

This exceptional investment opportunity presents a 36,130 square foot, fully leased industrial property located at 4074 S 1900 W, Roy, UT 84067, in Weber County. The property boasts a 6.40% cap rate and is offered at an asking price of $6,950,000, translating to $192 per square foot. The single-story building sits on a 2.65-acre lot and features a 13-foot ceiling height, one dock-high door, and is fully equipped with LED lighting and a fire sprinkler system. The property is zoned BP and is currently 100% occupied by a credit-rated tenant under an absolute NNN lease. Its mixed-use zoning allows for flexibility, encompassing industrial, office, retail, flex, R&D, and warehouse uses. The strategic location near the Ogden Airport provides excellent accessibility and logistical advantages. This turnkey investment offers a compelling opportunity for passive income generation with a strong tenant and favorable lease terms. The property's size, location, and high occupancy rate make it an attractive asset for discerning investors seeking a stable and profitable addition to their portfolio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,139,457
    6.5%
    $8,436,422
    7%
    $7,833,820
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,931,910
    Geo Method
    $6,931,910
  • Alternative Use

    Use
    Valuation
    Residential
    $10,461,163
    Hospitality
    $9,582,369
    Educational
    $7,972,418
    Medical
    $8,246,602
    Retail
    $12,401,540
4074 1900, Roy, Utah

Location Insight

City
Roy
County
Weber
State
Utah
Latitude
41.1888
Longitude
-112.024
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
2024
$27,496
$556,500
$2,130,500
$2,687,000
-
$556,500
$2,130,500
$2,687,000

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