Class A Flex Warehouse
1242 N 2000 W Farr West, UT 84404
1242 N 2000 W, Farr West, UT, 84404
Contact for pricing
For Sale
Contact for pricing
New flex warehouse with storefront windows, rear overhead doors, and high clear ceiling heights.
Property Size22,000 SF
Price / SF$263.64
Days on Market160
Property Features for 1242 N 2000 W
General Information
- Standard status
- Active
- Size
- 22,000 SF
- Property subtype
- Industrial, Mixed Use, Retail
Building Details
- Year Built
- 2026
Listing agency
Crest Realty
(801) 476-9500
Listed by
Aaron McCrady · License #UT 7126957-AB00
Source
Crexi
Added: Feb 12 Updated: Jul 21 at 10:29PM Checked: Jul 21 at 10:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crest Realty
Investment Insights
Based on property information with market context.
Building 1 at Farr West Business Park is a new Class A flex warehouse totaling approximately 22,000 square feet. The facility includes storefront windows, robust 3-phase power, spacious 14' x 16' overhead doors at the rear, and soaring ceilings ranging from 28' to 30' with 23' to 25' clear height. Ample parking and large truck circulation areas support both daily operations and deliveries. The building is designed to be flexible and can be divided into four 5,500-square-foot units.
Located in northern Utah with direct frontage on I-15 and I-84 and 2000 West, the property is positioned for strong visibility and convenient access for a broad range of business uses. Estimated completion is set for March 2026. Purchase includes Weber County parcel IDs 15-884-0001, 15-884-0002, 15-884-0003, and 15-884-0004.
Located in northern Utah with direct frontage on I-15 and I-84 and 2000 West, the property is positioned for strong visibility and convenient access for a broad range of business uses. Estimated completion is set for March 2026. Purchase includes Weber County parcel IDs 15-884-0001, 15-884-0002, 15-884-0003, and 15-884-0004.
Key Highlights
- Building 1 in Farr West Business Park: approximately 22,000 SF new Class A flex space (Year built 2026)
- Direct frontage on I‑15 and I‑84 and 2000 West for easy access
- 3‑phase power; rear 14' x 16' overhead doors and storefront windows
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $198.0k | $9.00 |
| − Vacancy | −$4.8k | −$0.22 |
| EGI | $193.2k | $8.78 |
| − OpEx | −$29.0k | −$1.32 |
| NOI | $164.3k | $7.47 |
22,000 SF · lease $9.00/SF/yr · vacancy 2.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.35M
$2.05M – $2.74M
NOI $164,261 @ 7.0% cap · market cap 2.83%
Second Best
Flex RnD
$2.03M
$1.78M – $2.37M
NOI $142,401 @ 7.0% cap · market cap 2.46%
Theoretical Best
Office A
$5.07M
$4.44M – $5.92M
NOI $355,190 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - New flex warehouse with storefront windows, rear overhead doors, and high clear ceiling heights.
Where is this flex space located?
The property is located at 1242 N 2000 W Farr West, UT.
What is the asking price?
The asking price for this property is $5,800,000.
What are key features of this property?
This property features: Building 1 in Farr West Business Park: approximately 22,000 SF new Class A flex space (Year built 2026); Direct frontage on I‑15 and I‑84 and 2000 West for easy access; 3‑phase power; rear 14' x 16' overhead doors and storefront windows
