Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    New Build Medical/Professional Space Title is generated by Realmo AI

    775 North 1525 West, Farmington, UT 84025

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    30,000 SF available for lease or purchase with ample parking.

    Type:Property for Lease
    Property size:
    30,000 SF
    Added:
    Apr 3, 2026
    Days on Market:
    66
    Last Refresh:
    Apr 3 at 5:35 am

    Property Features for 775 North 1525 West

    General Information

    Standard status
    Active
    Size
    30,000 SF
    Property subtype
    Property for Lease

    We can help!

    Listing Contact
    Chris Falk
    Chris Falk

    Listing agent Chris Falk License #5830205-SA00

    Listing office Newmark Mountain West

    Listing date Apr 3, 2026

    Source Mwcre

    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 Newmark Mountain West

    HighLights

    • Brand‑new build
    • 30K SF available for medical and/or professional use
    • Immediate access to I‑15, Hwy 89
    • Ample parking
    • Purchase or lease opportunity

    Overview

    This property offers a brand-new build suitable for medical or professional use. With 30,000 square feet available, it presents both purchase and lease opportunities. Ample parking is provided. The location offers immediate access to I-15 and Highway 89.
    Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • UrgentVet — 1076 Park Ln Suite 110, Farmington, UT 84025

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    Davis
    State
    Utah
    Longitude
    -111.9207376
    Latitude
    40.9965383

    Nearby Similar for Lease

    • $4,999,999 SF/Yr

      Modern Office Building with Transit Access

      Recently renovated Class B office space with extensive private offices, conference rooms, and transit-adjacent accessibility.
      42 N 650 W, Farmington, UT 84025
      View Details
    • $129-$5,990/Mo
      11-1,292 SF

      Station Park

      240 East Promontory, Unit 200, Farmington, UT 84025
      View Details
    • $28 SF/Yr
      13,597 SF

      Station Park Amenity-Laden Tech Space

      Turnkey office space with mountain views in Farmington, Utah.
      148-172 N E Promontory, Farmington, UT
      View Details
    • $28 SF/Yr
      12,065 SF

      Farmington Office Space For Rent

      12,065 SF office space in prime Farmington location.
      819 N Lagoon Dr, Farmington, UT
      View Details
    • Contact for pricing

      Farmington Office Space For Rent

      Office space in Farmington's new development with maximum accessibility.
      748 N Arbinger Wy, Farmington, UT 84025
      View Details
    • Contact for pricing
      36,891 SF

      Medical Office Space Near I-15

      Class A medical office building with excellent access and visibility.
      250 South 200 West, Farmington, UT 84025
      View Details
    • Contact for pricing

      Farmington Industrial Warehouse Sublease

      Class A warehouse/distribution facility in Farmington, Utah.
      1261 South 650 West, Farmington, UT 84025
      View Details
    • Contact for pricing
      2,600 SF

      Freestanding Building with Drive-Thru

      2,600 SF freestanding building with drive-thru for lease.
      1284-1328 US 89, Farmington, UT
      View Details
    • Contact for pricing

      Conveniently Located Office Space

      Office space near station with easy highway access.
      1451 Burke Ln, Farmington, UT 84025
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 30,000 SF available for lease or purchase with ample parking.
    Where is this medical office space located?
    The property is located at 775 North 1525 West Farmington, UT.
    What are key features of this property?
    This property features: Brand‑new build; 30K SF available for medical and/or professional use; Immediate access to I‑15, Hwy 89
    (385) 429-5500
    We can help!
    Listing Contact
    Chris Falk
    Chris Falk
    Real Estate License ID: 5830205-SA00
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    775 North 1525 West, Farmington, UT
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!