Remodeled Flex Industrial
New
For Sale
$725,000
2485 N 7600 W, Corinne, UT 84307
Industrial property with dedicated office, shop-warehouse space, upgraded power, and an expansive road base yard.
Property Size8,893 SF
Lot Size9.48 Acres
Price / SF$81.52
Days on Market5
Property Features for 2485 N 7600 W
General Information
Standard status
Active
Size
8,893 SF
Lot size
9.48 Acres
Property subtype
Industrial
Zoning
M-G General Industrial
Net Operating Income
$62,251
Financials
Asking Price
$725,000
Cap Rate
8.6%
Site & Location
Highway Access
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
13 ft
Warehouse Space
5,893 SF
Office Build-Out
3,000 SF
Drive-In Doors
3
Power
400 amps
Voltage
480 V
Three-Phase Power
Yes
Building Details
Building Size
1,978 SF
Year Built
1978
Year Renovated
2020
Buildings
1
Listing Agency:
Town & Country Apollo Properties, LLC
(801) 224-1559
Listed By:
Lynn C Fillmore · License #5478881-PB00
(801) 224-1559
Source:
Liftrealty
Added: Jul 28
Changed: Jul 31
Last Checked: Jul 31 at 2:52PM
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 Town & Country Apollo Properties, LLC
Investment Insights
Based on property information with market context.
This 8,893-square-foot flex industrial building includes 3,000 square feet of office space and 5,893 square feet of shop-warehouse space. The building was remodeled in 2020 and features three grade-level overhead doors, including one 20-foot-wide door and two 12-foot-wide doors, along with 13-foot clear height and LED high-bay lighting. Power was upgraded in 2025 to 480V/400A 3-phase service.
The 9.48-acre property includes a road base yard with excess developable ground. Culinary water, septic, and propane shop heaters serve the site. Zoned M-G General Industrial, the property is located 8 miles from I-15 Exit 365 and is designated FEMA Zone A. The building was originally constructed in 1978.
The 9.48-acre property includes a road base yard with excess developable ground. Culinary water, septic, and propane shop heaters serve the site. Zoned M-G General Industrial, the property is located 8 miles from I-15 Exit 365 and is designated FEMA Zone A. The building was originally constructed in 1978.
Key Highlights
- 8,893 SF building with 3,000 SF office and 5,893 SF shop‑warehouse space
- 9.48‑acre site with road base yard and excess developable ground
- 480V/400A 3‑phase power upgraded in 2025
Financial Insights For Flex RnD
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 | $98.2k | $11.04 |
| − Vacancy | −$5.6k | −$0.63 |
| EGI | $92.6k | $10.41 |
| − OpEx | −$32.4k | −$3.64 |
| NOI | $60.2k | $6.77 |
8,893 SF · lease $11.04/SF/yr · vacancy 5.70% · expense 35.00%
Alternative Uses
Best Use
Office B
$1.65M
$1.45M – $1.93M
NOI $115,830 @ 7.0% cap · market cap 15.98%
Second Best
Warehouse
$1.16M
$1.02M – $1.36M
NOI $81,449 @ 7.0% cap · market cap 11.23%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,659 @ 7.0% cap · market cap 22.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
13 ft
Clear height
3
Drive-in doors
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84307, UT
1,592
Population
452
Households
3.5
Avg Household Size
35
Median Age
21%
College-Educated
96%
High-School Grad
601.7 sq mi
ZIP Area
3
Density / Sq Mi
$69,766
Median Household Income
$30,966
Median Earnings
$949
Median Rent
$365,500
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?
Flex space - Industrial property with dedicated office, shop-warehouse space, upgraded power, and an expansive road base yard.
Where is this flex space located?
The property is located at 2485 N 7600 W Corinne, UT.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 8,893 SF building with 3,000 SF office and 5,893 SF shop‑warehouse space; 9.48‑acre site with road base yard and excess developable ground; 480V/400A 3‑phase power upgraded in 2025
