4074 1900Roy, UT 84067
- Office properties
- 34,599 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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