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    405 1000 Clearfield, UT 84015

    For Sale
    $1,350,000

    Utah Industrial Flex Building - Net Lease

    Property size:
    6,150 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a 6,150-square-foot flex/warehouse building in Clearfield, Utah. Located at 405 N 1000 W, 84015, this property boasts a prime location within Davis County and sits on a 0.44-acre lot. The building, constructed in 2017, features 900 square feet of office space and 5,250 square feet of warehouse space, ideal for a variety of uses. The high 20-foot ceilings provide ample storage and operational space. A single 12'x12' grade-level door ensures easy access for loading and unloading. The property is currently 100% occupied under a net lease with a lease expiration date of October 1, 2028, providing a remaining lease term of approximately 3.9 years. The asking price is $1,350,000, translating to $219.51 per square foot. The property is zoned C-2 and benefits from 240 single-phase power and LED lighting. An adjacent building is also available for sale, presenting potential for expansion or portfolio growth. This is a strong, single-tenant net lease investment with significant upside potential.

    Property Features for 405 1000

    General Information

    Property type
    Distribution properties
    Square Feet
    6,150 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    2017
    Buildings
    1

    HighLights

    • 6,150 SF flex/warehouse building in Clearfield, UT.
    • Located at 405 N 1000 W, Clearfield, UT 84015, on a 0.44‑acre lot.
    • Built in 2017, featuring 900 SF of office space and 5,250 SF of warehouse space with 20' ceilings.
    • Single 12'x12' grade‑level door; currently 100% occupied under a net lease expiring October 1, 2028 (approx. 3.9 years remaining).
    • Asking price: $1,350,000 ($219.51/SF); C‑2 zoning; 240 single‑phase power; LED lighting.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cutting Edge Auto ... Auto Repair Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clearfield
    County
    Davis
    State
    Utah
    Longitude
    -112.04539835577
    Latitude
    41.119770062636

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    FAQs

    What type of property is this?
    Distribution property - Utah Industrial Flex Building - Net Lease
    Where is this distribution property located?
    The property is located at 405 1000 Clearfield, UT.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: 6,150 SF flex/warehouse building in Clearfield, UT.; Located at 405 N 1000 W, Clearfield, UT 84015, on a 0.44-acre lot.; Built in 2017, featuring 900 SF of office space and 5,250 SF of warehouse space with 20' ceilings.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 1000 Clearfield, UT 84015
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