Remodeled Flex Industrial
2485 N 7600 W, Corinne, UT 84307
For Sale
$695,000
Industrial property with dedicated office, shop-warehouse space, upgraded power, and an expansive road base yard.
Property Size1,978 SF
Lot Size9.48 Acres
Price / SF$78.15
Days on Market105
Property Features for 2485 N 7600 W
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Net Operating Income
Financials
Asking Price
Cap Rate
Site & Location
Highway Access
Outdoor Storage
Utilities to Site
Warehouse & Industrial
Clear Height
Warehouse Space
Office Build-Out
Drive-In Doors
Power
Voltage
Three-Phase Power
Building Details
Building Size
Year Built
Year Renovated
Buildings
Listing Agency:
Town & Country Apollo Properties, LLC
(801) 372-1658
Listed By:
Lynn C Fillmore · License #5478881-PB00
(801) 224-1559
Source:
Liftrealty
Added: Jul 28
Changed: Nov 8
Last Checked: Nov 8 at 6:15AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$60,179
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,203,580
$1.2M
Cap Rate 7%
$859,700
$859.7K
Cap Rate 9%
$668,656
$668.7K
Market Conditions
NOI Build-Up for 8,893 SF
Gross rent
$98.2K $11.04/SF
− Vacancy
−$5.6K −$0.63/SF
EGI
$92.6K $10.41/SF
− OpEx
−$32.4K −$3.64/SF
NOI
$60.2K $6.77/SF
Area
Box Elder County, UT
Vacancy
5.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,203,580
Cap Rate 7%
$859,700
Cap Rate 9%
$668,656
Alternative Uses
Best Use
Office B
$1.65M
$1.45M – $1.93M
NOI $115,830 @ 7.0% cap · market cap 16.67%
Second Best
Warehouse
$1.16M
$1.02M – $1.36M
NOI $81,449 @ 7.0% cap · market cap 11.72%
Theoretical Best
Office A
$2.31M
$2.02M – $2.69M
NOI $161,659 @ 7.0% cap · market cap 23.26%
Zoning and permitted uses should be independently verified with authorities.
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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
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Market
Vacancy Rate% for Office in West region
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 $695,000.
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
