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Professional Office Condo
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375 North Main Street Ste 202, Kaysville, UT 84010

Contemporary office condominium with medical and professional office co-tenancy in Kaysville.

Property Size2,520 SF
Price / SF$394.84
Days on Market8

Property Features for 375 North Main Street Ste 202

General Information

Standard status Active
Size 2,520 SF
Class B
Total Parking Spaces 95
Property subtype Office
Investment Type Owner/User

Building Details

Year Built 2018
Buildings 1
Units 1
Tenancy Multi
Listing Agency: Newmark Mountain West
Listed By: Braxton Willie · License #UT 8615580-SA00
Source: Crexi
Added: Jul 30 Changed: Aug 5 Last Checked: Aug 5 at 5:31AM

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

Investment Insights

Based on property information with market context.

This 2,520-square-foot office condominium at 375 North Main Street, Suite 202, provides a professional setting for office use. Constructed in 2018, the property is part of a medical and office co-tenancy, offering a shared professional environment within the center.

The suite is located in Kaysville, Utah, and includes access to approximately 95 total parking stalls. The property is offered for sale and may accommodate either an owner-user or an investment-oriented acquisition.

Key Highlights

  • 2,520‑square‑foot office condominium
  • Built in 2018
  • Medical and professional office co‑tenancy

Financial Insights For Healthcare Medical

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 $55.3k $21.96
− Vacancy −$3.2k −$1.25
EGI $52.2k $20.71
− OpEx −$20.9k −$8.28
NOI $31.3k $12.42
2,520 SF · lease $21.96/SF/yr · vacancy 5.70% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$447.3K
$391.4K – $521.9K (±1% cap)
NOI $31,311 @ 7.0% cap · market cap 3.15%
Second Best
Office B
$437.7K
$383.0K – $510.7K (±1% cap)
NOI $30,639 @ 7.0% cap · market cap 3.08%
Theoretical Best
Office A
$582.0K
$509.3K – $679.0K (±1% cap)
NOI $40,741 @ 7.0% cap · market cap 4.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Skin Care Clinic Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

19
Businesses Nearby

Demographics for 84010, UT

48,439
Population
16,103
Households
3
Avg Household Size
35
Median Age
46%
College-Educated
98%
High-School Grad
38.0 sq mi
ZIP Area
1,275
Density / Sq Mi
$102,038
Median Household Income
$45,472
Median Earnings
$1,458
Median Rent
$486,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Contemporary office condominium with medical and professional office co-tenancy in Kaysville.
Where is this office units located?
The property is located at 375 North Main Street Ste 202 Kaysville, UT.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 2,520‑square‑foot office condominium; Built in 2018; Medical and professional office co‑tenancy
(385) 429-5500 Call to check price and availability
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