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    Warehouse with Office Flex Space Title is generated by Realmo AI

    1189 W 1700 N 1, Logan, UT 84321

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    Commercial Lease, Other - Logan, UT

    Type:Industrial
    Property size:
    32,565 SF
    Lot size:
    0.90 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    80
    Last Refresh:
    Jun 3 at 11:06 pm

    Property Features for 1189 W 1700 N 1

    General Information

    Property type
    Commercial Lease
    Property subtype
    Industrial
    Zoning
    M-2
    Parking features
    Paved or Surfaced
    EntryLevel
    1
    Appliances
    Dishwasher, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    04-154-0005
    Size
    32,565 SF
    Lot size
    0.90 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Flooring type
    Carpet, Concrete, Tile
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Jette H Youngblood
    Jette H Youngblood

    Listing agent Jette H Youngblood

    Listing office Engel & Völkers Logan 112 E. 100 N., Logan, UT

    Listing date Mar 16, 2026

    MLS# 2126063 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • East building, Unit #1 (west building also for lease)
    • Total space: 32,565 sq. ft warehouse plus 6,361 sq. ft office
    • Can be separated into 2 units: north (4,100 sq. ft office with 8 private offices) and south (2,261 sq. ft office plus 600 sq. ft office upstairs)
    • North unit layout includes break room with kitchen, 2 bathrooms, laundry room, reception, open work space, conference room, plus 22,000 sq. ft warehouse
    • South unit includes 6 private offices, reception area, 2 bathrooms (shower), 10,565 sq. ft warehouse, and 2 additional offices upstairs
    • Year built 2008 with metal roof; forced air natural gas heat and central air; paved/surfaced parking

    Overview

    Warehouse and flex-style layout in the east building, Unit #1, available for lease. The building includes warehouse space plus office space, and it can be separated into two internal units for tenant or business flexibility. The North unit combines 4,100 sq. ft. of office space with 22,000 sq. ft. of warehouse space, featuring eight private offices, a break room with kitchen, two bathrooms, a laundry room, a reception area, open work space, and a conference room. The South unit includes 2,261 sq. ft. of office space on the main level with six private offices, reception, and two bathrooms (shower), plus an additional 600 sq. ft. upstairs with two more offices, along with 10,565 sq. ft. of warehouse space.

    This property is zoned M-2 and sits on a 0.9-acre lot. The west building is also available for lease, and the listing notes this unit is very easy to show for qualified users.

    The configuration fits tenants that need both operational warehousing and functional office space, with the option to occupy as one unit or align to a north or south office/warehouse split. For businesses seeking an M-2 zoned facility that supports a mixed light industrial and office workflow, this space offers a practical interior plan and self-contained office amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jagaloon (Bike/Boat/Book/etc) Store Jenson Books (Bike/Boat/Book/etc) Store Prismview Network Operations ... Corporate Office

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • QTZ Meals — 1301 N 600 W, Logan, UT 84321

    Location Insight

    • Map
    • Local Demand
    City
    Logan
    County
    Cache
    State
    Utah
    Longitude
    -111.862598
    Latitude
    41.764552

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    FAQs

    What type of property is this?
    Flex space - East building Unit #1 offers warehouse space with dedicated office areas in an M-2 zoned facility.
    Where is this flex space located?
    The property is located at 1189 W 1700 N 1 Logan, UT.
    What are key features of this property?
    This property features: East building, Unit #1 (west building also for lease); Total space: 32,565 sq. ft warehouse plus 6,361 sq. ft office; Can be separated into 2 units: north (4,100 sq. ft office with 8 private offices) and south (2,261 sq. ft office plus 600 sq. ft office upstairs)
    (435) 787-4499
    We can help!
    Listing Contact
    Jette H Youngblood
    Jette H Youngblood
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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.

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