Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    54 E 700 S Logan, UT 84321

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $899,999

    Commercial zoned house with detached garage and adjacent residential land.

    Lot size:
    1.06 Acres

    Property Features for 54 E 700 S

    General Information

    Standard status
    Active
    Lot size
    1.06 Acres

    We can help!

    Listing Contact
    Roger Welsh
    Source: Exprealty

    Listing Agency: Valley Realty Listing Agent: Roger Welsh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Commercial Zoned Property with Land

    This property features a commercial zoned house with a detached garage, a large family room, and a shop. The total area, including adjacent residential land, is 0.96 acres. The adjacent land is zoned residential under tax ID numbers 02-139-0001, 02-139-0014, and 02-139-0004. There is potential for the residential land to be rezoned for commercial use. A newly proposed road is planned to connect 700 South to Golf Course Road in the future.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Logan
    County
    Cache
    State
    Utah
    Longitude
    -111.8340571
    Latitude
    41.7190648

    Nearby Similar for Sale

    • $475,000
      2,184 SF

      Logan Duplex Near Utah State

      Well-maintained duplex near Utah State University, great investment opportunity.
      462 E 700 N, Logan, UT 84321
      View Details
    • $695,000
      8,276 SF

      Logan Triplex with Updated Units

      Charming triplex in excellent Logan location with updated units.
      219 E 500 N, Logan, UT 84321
      View Details
    • $2,995,000
      7,500 SF

      Remodeled Logan Apartment Complex

      Remodeled 16-unit apartment complex in Logan, Utah.
      331 N 400 E, Logan, UT 84321
      View Details
    • $499,000
      1,742 SF

      Charming Triplex Near Utah State

      Triplex near Utah State University with spacious yard.
      440 N 400 E, Logan, UT 84321
      View Details
    • $1,075,000

      Logan Six-Plex Investment Opportunity

      Fully leased six-plex in historic downtown Logan.
      263 W Center St, Logan, UT 84321
      View Details
    • $229,900
      854 SF

      Savvy Location Townhome For Sale

      Two-bedroom townhome near hospital, university, shopping, and future Target.
      1283 N 400 E, Logan, UT 84341
      View Details
    • Contact for pricing
      207,097 SF

      Logan Warehouse Fully Leased

      207,097 SF warehouse 100% leased to international market leader.
      630 W 1000 N, Logan, UT 84321
      View Details
    • $250,000
      1,116 SF

      Blackhawk Townhome with Updated Features

      Townhome with updated flooring, appliances, and newer furnace.
      128 W 1260 S, Logan, UT 84321
      View Details
    • $2,200,000

      Nibley Hollow Land and Home

      Land and home in a unique rural setting.
      5025 S Hollow Rd, Logan, UT 84321
      View Details
    • $4,450,000
      2.66 Acres

      Prime Logan Office Investment

      Utah State-Leased Office Building
      115 Golf Course Rd, Logan, UT 84321
      View Details
    • $700,000
      2.58 Acres

      Logan Canyon Historic Retreat

      Unique 21-Building Estate, 2.58 Acres
      2500 10000, Logan, UT 84321
      View Details
    • $899,999
      1.06 Acres

      Logan Office Building & Land

      Commercial property, 1.06 acres, high potential.
      54 700, Logan, UT 84321
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial zoned house with detached garage and adjacent residential land.
    Where is this commercial land located?
    The property is located at 54 E 700 S Logan, UT.
    What is the asking price?
    The asking price for this property is $899,999.
    What are key features of this property?
    This property features: - Commercial zoning for both the house and detached garage.; - Large family room and shop provide ample space.; - Total of .96 acres, including adjacent land.
    (435) 760-3400
    Request Owner's contact information
    54 E 700 S Logan, UT 84321
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    54 E 700 S
    Logan, UT 84321
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    54 E 700 S Logan, UT 84321
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Roger Welsh
    (435) 760-3400
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.