879 W Pleasant View Dr, Pleasant View, UT 84414

Building Details

Building Size 4,800 SF More

Year Built 1960 More

Tenancy Multi More

Listing Agency: EXP Realty, LLC Show Phone

Listed By: Diane Albrechtsen Show Phone

Source: Majestyrealestategroup

Added: Jun 15 Changed: Nov 7 Last Checked: Nov 7 at 3:51PM

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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 EXP Realty, LLC

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Investment Insights

Based on property information with market context.

This 4,800-square-foot mixed-use property was built in 1960 and is currently occupied under three separate lease agreements. Parking is available at the front and rear of the building.

Located at 879 W Pleasant View Dr in Pleasant View, the property is zoned CP1.

Key Highlights

• 4,800‑square‑foot mixed‑use property
• Three separate lease agreements; currently occupied
• Parking areas at both the front and rear

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$36,828

Cap Rate

4.33%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$736,560 $736.6K

Cap Rate 7%

$526,114 $526.1K

Cap Rate 9%

$409,200 $409.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,800 SF

Gross rent

$63.4K $13.20/SF

− Vacancy

−$4.4K −$0.92/SF

EGI

$58.9K $12.28/SF

− OpEx

−$22.1K −$4.60/SF

NOI

$36.8K $7.67/SF

Area

Weber County, UT

Vacancy

7.00%

Lease Rate

$13.20 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$736,560

Cap Rate 7%

$526,114

Cap Rate 9%

$409,200

Alternative Uses

Best Use

Mixed Use

$526.1K

$460.4K – $613.8K (±1% cap)

NOI $36,828 @ 7.0% cap · market cap 4.33%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.11M

$968.7K – $1.29M (±1% cap)

NOI $77,496 @ 7.0% cap · market cap 9.12%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Building Supply Nail Salon

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

131

Businesses Nearby

Explore this area Business Placement

Demographics for 84414, UT

32,471

Population

10,578

Households

3.1

Avg Household Size

34

Median Age

37%

College-Educated

97%

High-School Grad

21.7 sq mi

ZIP Area

1,496

Density / Sq Mi

$108,345

Median Household Income

$46,520

Median Earnings

$1,448

Median Rent

$454,100

Median Home Value

Frequently Asked Questions

What type of property is this?

Mixed-use property - Three active lease agreements and parking areas at both the front and rear support the property's current occupancy.

Where is this mixed-use property located?

The property is located at 879 W Pleasant View Dr Pleasant View, UT.

What is the asking price?

The asking price for this property is $850,000.

What are key features of this property?

This property features: 4,800‑square‑foot mixed‑use property; Three separate lease agreements; currently occupied; Parking areas at both the front and rear