990 Medical DrBrigham City, UT 84302

  • Office properties
  • 851 SF
For Sale
$220,000 View listing

Property Details for 990 Medical Dr

Year built
1978
Lot size
0.02 AC
Property size (Sq ft)
851 SF
Property type
Office properties
Property subtype
Office buildings
APN
03-183-0004
APU
31830004

Description

This 967-square-foot office space, located at 990 Medical Drive, Suite U2, Brigham City, UT 84302, presents a unique opportunity for owner-users or investors. The property, built in 1978 and renovated in 2022, is classified as a Class C office building and sits on a 0.03-acre lot (APN: 03-183-0002). The single-unit building features two stories and is zoned for general office use. The asking price is $220,000, translating to $237.85 per square foot. The layout includes a reception area, private office, bathroom, breakroom, patient bathroom, and three exam rooms, offering versatile functionality for various businesses. Approximately 500 square feet of basement storage is also included. Ample parking is available. Interior features include updated flooring, antibacterial paint, and accent walls. The current tenant's lease expires December 31, 2024, and may be negotiable for an extended term. The occupancy date for a new owner is January 1, 2025. All information is provided as a courtesy

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $224,785
    6.5%
    $207,494
    7%
    $192,673
  • Comparable approach

    Method
    Valuation
    Relative Method
    $170,498
    Geo Method
    $170,498
  • Alternative Use

    Use
    Valuation
    Residential
    $257,292
    Hospitality
    $235,678
    Educational
    $196,081
    Medical
    $202,825
    Retail
    $305,016
990 Medical Dr, Brigham City, Utah

Location Insight

City
Brigham City
County
Box Elder
State
Utah
Latitude
41.4902
Longitude
-112.026
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
2022
$790
$31,245
$127,641
$158,886
-
$31,245
$127,641
$158,886

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