42 N 650 W Farmington, UT 84025
Modern, recently renovated office building with 76+ parking stalls, fiber connectivity, and secure fob access.
Property Features for 42 N 650 W
General Information
- Standard status
- Active
- Size
- 17,456 SF
- Lot size
- 1.31 Acres
- Property subtype
- Office
Building Details
- Year Built
- 2010
Listing office Equity Real Estate (Select) (435) 776-0123
Listing date Jun 4, 2026
Source Liftrealty
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All listing content including descriptions, pricing, images are the copyrighted material of Equity Real Estate (Select)
Investment Insights
Based on property information with market context.
The building offers extensive on-site parking with 76+ stalls and is positioned on a 1.314-acre site with frontage along Phoenix Way, State Street, and Legacy Parkway. It is described as being within walking distance of Station Park and the FrontRunner train station, with nearby walking and bike trails and direct proximity to the Farmington Creek greenbelt. The property is classified as Class B.
Technology infrastructure includes high-speed fiber noted up to 10 Gbps/10 Gbps, and access is secured via door fobs with building automation systems in place. The property is zoned TMU (Transit Mixed Use), and the remarks note a building-to-land ratio of 30%. With access to major highway connections including I-15, Legacy Parkway (UT-67), Hwy-89, and the West Davis Corridor (UT-177), the site is designed to support both day-to-day operations and convenient commuting.
Key Highlights
- 17,456 SF commercial office space built in 2010 on a 1.314‑acre site
- Office layout includes 16 private offices, 4 conference rooms, 5 breakout offices, 6 workspaces, and 2 break rooms
- 76+ parking stalls and building‑to‑land ratio of 30%
Local Financial Insights For Office B
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 | $307.9k | $17.64 |
| − Vacancy | −$24.9k | −$1.43 |
| EGI | $283.0k | $16.21 |
| − OpEx | −$70.7k | −$4.05 |
| NOI | $212.2k | $12.16 |
