Brick Medical Office with Dental
For Sale
$350,000
2179 W 1800 N, Clinton, UT 84015
Purpose-built clinical layout includes plumbed operatories, a dental lab, and ADA-compliant access.
Property Size1,988 SF
Lot Size0.21 Acres
Price / SF$274.51
Days on Market194
Property Features for 2179 W 1800 N
General Information
Standard status
Active
Size
1,988 SF
Class
C
Lot size
0.21 Acres
Property subtype
Single Tenant Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
1,988 SF
Year Built
1988
Buildings
1
Construction
brick
Tenancy
Single
Listing Agency:
eXp Commercial | Utah
(801) 762-9005
Listed By:
Paul Pursell · License #9894235-AB00
(801) 762-9005
Source:
Thebrokerlist
Added: Feb 18
Changed: Aug 30
Last Checked: Aug 30 at 11:06PM
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 eXp Commercial | Utah
Investment Insights
Based on property information with market context.
Constructed in 1988, this 1,275 SF all-brick medical office occupies 0.21 acres in Clinton. The purpose-built clinical layout includes three fully plumbed operatories with nitrous oxide capability, an on-site dental laboratory, reception and waiting areas, a private office, an X-ray room, and storage. Ramp access supports ADA-compliant entry throughout the facility.
The property is positioned at 2179 W 1800 N along Clinton’s east–west corridor, with access to SR-108 and Interstate 15. The surrounding area includes retail, civic services, restaurants, complementary medical and dental practices, educational facilities, and childcare centers. Nearby Clinton City Hall, the Fire Department, Civic Center Park, and Hill Air Force Base add to the established commercial setting.
The property is positioned at 2179 W 1800 N along Clinton’s east–west corridor, with access to SR-108 and Interstate 15. The surrounding area includes retail, civic services, restaurants, complementary medical and dental practices, educational facilities, and childcare centers. Nearby Clinton City Hall, the Fire Department, Civic Center Park, and Hill Air Force Base add to the established commercial setting.
Key Highlights
- 1,275 SF all‑brick professional office on 0.21 acres
- Three fully plumbed dental operatories with nitrous oxide capability
- Fully functional on‑site dental laboratory
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
$15,842
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
4.53%
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%
$316,840
$316.8K
Cap Rate 7%
$226,314
$226.3K
Cap Rate 9%
$176,022
$176.0K
Market Conditions
NOI Build-Up for 1,275 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
$28.0K $21.96/SF
− Vacancy
−$1.6K −$1.25/SF
EGI
$26.4K $20.71/SF
− OpEx
−$10.6K −$8.28/SF
NOI
$15.8K $12.42/SF
Area
Davis County, UT
Vacancy
5.70%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
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%
$316,840
Cap Rate 7%
$226,314
Cap Rate 9%
$176,022
Alternative Uses
Best Use
Healthcare Medical
$226.3K
$198.0K – $264.0K
NOI $15,842 @ 7.0% cap · market cap 4.53%
Second Best
Office B
$221.5K
$193.8K – $258.4K
NOI $15,502 @ 7.0% cap · market cap 4.43%
Theoretical Best
Office A
$294.5K
$257.7K – $343.6K
NOI $20,613 @ 7.0% cap · market cap 5.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
Balanced
Demand for This Use
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dr. Kaylene Meyerhoffer D DVM - at Vetco Total Care formerly THRIVE Affordble Vet Care — 1978 N 2000 W suite D, Clinton, UT 84015
- Vetco Total Care Animal Hospital — 1978 N 2000 W D, Clinton, UT 84015
Frequently Asked Questions
What type of property is this?
Medical Office Space - Purpose-built clinical layout includes plumbed operatories, a dental lab, and ADA-compliant access.
Where is this medical office space located?
The property is located at 2179 W 1800 N Clinton, UT.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,275 SF all‑brick professional office on 0.21 acres; Three fully plumbed dental operatories with nitrous oxide capability; Fully functional on‑site dental laboratory
