Fully Leased Investment
For Sale
Contact for pricing
4074 S 1900 W, Roy, UT 84067
36,130 SF industrial-office flex space for sale.
Property Size36,130 SF
Lot Size2.65 Acres
Price / SF$182.67
Days on Market1054
Property Features for 4074 S 1900 W
General Information
Standard status
Active
Size
36,130 SF
Lot size
2.65 Acres
Property subtype
Industrial, Mixed Use, Office, Retail
Zoning
BP
Occupancy
100%
Lease Type
Absolute NNN
Net Operating Income
$435,644
Building Details
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Novel Commercial
Listed By:
Ilya Klein · License #CO IR.040017010
Source:
Crexi
Added: Sep 21, 2023
Changed: Aug 8
Last Checked: Aug 8 at 11:26AM
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 Novel Commercial
Investment Insights
Based on property information with market context.
This 36,130 square foot property presents a fully leased investment opportunity. The property, situated on 2.65 acres, is zoned BP. It features industrial-office flex space and includes one dock-high door, LED lighting, and a full fire sprinkler system. The tenant has a BBB credit rating. The property is located next to Ogden Airport.
Key Highlights
- Fully Leased Investment Opportunity
- Enjoy a solid 6.7% CAP Rate
- BBB Tenant's Credit Rating
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
$467,074
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
7.08%
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%
$9,341,480
$9.3M
Cap Rate 7%
$6,672,486
$6.7M
Cap Rate 9%
$5,189,711
$5.2M
Market Conditions
NOI Build-Up for 36,130 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
$702.4K $19.44/SF
− Vacancy
−$35.1K −$0.97/SF
EGI
$667.2K $18.47/SF
− OpEx
−$200.2K −$5.54/SF
NOI
$467.1K $12.93/SF
Area
Weber County, UT
Vacancy
5.00%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
30.00%
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%
$9,341,480
Cap Rate 7%
$6,672,486
Cap Rate 9%
$5,189,711
Alternative Uses
Best Use
Retail
$6.67M
$5.84M – $7.78M
NOI $467,074 @ 7.0% cap · market cap 7.08%
Second Best
Office B
$6.23M
$5.45M – $7.27M
NOI $436,294 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$8.33M
$7.29M – $9.72M
NOI $583,319 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Explore this area
Business Placement
Demographics for 84067, UT
39,194
Population
13,425
Households
2.9
Avg Household Size
32
Median Age
23%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
4,780
Density / Sq Mi
$90,918
Median Household Income
$42,987
Median Earnings
$1,557
Median Rent
$350,400
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.
Frequently Asked Questions
What type of property is this?
Mixed-use property - 36,130 SF industrial-office flex space for sale.
Where is this mixed-use property located?
The property is located at 4074 S 1900 W Roy, UT.
What is the asking price?
The asking price for this property is $6,600,000.
What are key features of this property?
This property features: Fully Leased Investment Opportunity; Enjoy a solid **6.7% CAP Rate**; BBB Tenant's Credit Rating
