Retail Building with Monument
New
For Sale
$465,000
1264 W 300 N, Clearfield, UT 84015
Freestanding commercial building offering flexible retail or office use on a 0.53-acre site.
Property Size1,990 SF
Lot Size0.53 Acres
Price / SF$233.67
Days on Market5
Property Features for 1264 W 300 N
General Information
Standard status
Active
Size
1,990 SF
Lot size
0.53 Acres
Additional Details
Asking Price
$465,000
Amenities
Monument Signage
Building Details
Year Built
1935
Buildings
1
Listing Agency:
Legend Commercial, LLC
(801) 930-6750
Listed By:
Skyler Peterson · License #6991009
Source:
Liveutah
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 29 at 10:46AM
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 Legend Commercial, LLC
Investment Insights
Based on property information with market context.
This 1,990-square-foot retail building occupies a 0.53-acre site and is configured for general retail or office use. Monument signage is included, and the property is being delivered without the dental furniture, fixtures, and equipment associated with its prior user. Built in 1935, the building offers an existing commercial structure for an owner-user or operator seeking a flexible space.
Located at 1264 W 300 N in Clearfield, Utah, the property is available for sale and may support future expansion or redevelopment, as identified in the property information.
Located at 1264 W 300 N in Clearfield, Utah, the property is available for sale and may support future expansion or redevelopment, as identified in the property information.
Key Highlights
- 1,990 SF retail building on a 0.53‑acre lot
- General retail or office use
- Monument signage included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,195
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$483,900
$483.9K
Cap Rate 7%
$345,643
$345.6K
Cap Rate 9%
$268,833
$268.8K
Market Conditions
NOI Build-Up for 1,990 SF
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.
Gross rent
$35.1K $17.64/SF
− Vacancy
−$2.8K −$1.43/SF
EGI
$32.3K $16.21/SF
− OpEx
−$8.1K −$4.05/SF
NOI
$24.2K $12.16/SF
Area
Davis County, UT
Vacancy
8.10%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$483,900
Cap Rate 7%
$345,643
Cap Rate 9%
$268,833
Alternative Uses
Best Use
Office B
$345.6K
$302.4K – $403.3K
NOI $24,195 @ 7.0% cap · market cap 5.20%
Second Best
Retail
$343.6K
$300.7K – $400.9K
NOI $24,054 @ 7.0% cap · market cap 5.17%
Theoretical Best
Office A
$459.6K
$402.2K – $536.2K
NOI $32,172 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Explore this area
Business Placement
Demographics for 84015, UT
68,548
Population
23,058
Households
3
Avg Household Size
30
Median Age
25%
College-Educated
93%
High-School Grad
20.8 sq mi
ZIP Area
3,296
Density / Sq Mi
$92,634
Median Household Income
$43,208
Median Earnings
$1,385
Median Rent
$377,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding commercial building offering flexible retail or office use on a 0.53-acre site.
Where is this retail space located?
The property is located at 1264 W 300 N Clearfield, UT.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 1,990 SF retail building on a 0.53‑acre lot; General retail or office use; Monument signage included
