Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4000 South & Midland Dr Roy, UT 84401

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flexible Retail Space in West Haven, Utah

    Lot size:
    20,000 SF

    Property Features for 4000 South & Midland Dr

    General Information

    Property type
    Retail properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF

    Spaces For Lease

    at 4000 South & Midland Dr, Roy, UT 84401 Contact us

    We can help!

    Listing Contact
    Adam Hawkes
    Adam Hawkes

    Listing Agency: Mountain West CRE Listing Agent: Adam Hawkes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail property, located at 4000 South & Midland Drive in West Haven, Utah (zip code 84401), offers a prime opportunity for businesses seeking flexible space in a thriving Weber County location. The property, known as Salt Point, is categorized as a multi-tenant retail building, providing a range of options to suit various business needs. Currently, there is at least one available space, with sizes ranging from a minimum of 1,000 square feet up to a maximum of 20,000 square feet. This allows for significant adaptability, accommodating businesses of different scales and requirements. The building does not feature elevators. The property's convenient location in Roy, Utah, ensures high visibility and accessibility for customers and employees alike. Its strategic placement within Weber County provides easy access to major transportation routes and a strong local customer base. This presents a unique chance to establish or expand a retail presence in a dynamic and growing market. The address is easily accessible from 4000 South and Midland Drive. Serious inquiries are encouraged to explore the possibilities this versatile retail space offers. The property is classified as commercial retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Roy
    County
    Weber
    State
    Utah
    Longitude
    -112.0483605
    Latitude
    41.1906478

    Nearby Similar for Lease

    • Contact for pricing
      4,200 SF

      Roy Medical Office Space Available

      Medical office space with clinical and procedure rooms for lease.
      5460 S 3500 W, Roy, UT 84067
      View Details
    • $750 /Mo
      600 SF

      Roy Office/Retail Space Available

      600 SF open-floor plan in busy retail corridor.
      1935 W 5200 S, Roy, UT 84067
      View Details
    • Contact for pricing
      1,092 SF

      Retail Space in Grocery Anchored Center

      Retail spaces available in Roy, Utah, anchored by Kent’s Market.
      3535-3570 W 5500 S, Roy, UT 84067
      View Details
    • Contact for pricing
      9,180 SF

      Former Auto Store with Parking

      Retail space with ample parking and high traffic count.
      5732 S 1900 W, Roy, UT 84067
      View Details
    • Contact for pricing
      48,000 SF

      Roy, UT Retail Flex Space

      High-traffic retail space, two buildings.
      3440 4800, Roy, UT 84067
      View Details
    • Contact for pricing
      1,856 SF

      Retail Space in Roy, Utah

      Retail space available in grocery-anchored shopping center.
      3518 W 5600 S, Roy, UT 84067
      View Details
    • Contact for pricing
      10,255 SF

      Retail Space with High Exposure

      Retail space with great exposure and access to I-15.
      5673 S 1900 W, Roy, UT 84067
      View Details

    FAQs

    What type of property is this?
    Retail property - Flexible Retail Space in West Haven, Utah
    Where is this retail property located?
    The property is located at 4000 South & Midland Dr Roy, UT.
    What are key features of this property?
    This property features: Call agent for pricing.; Anchor pad sites available for grocery, movie theater, etc.; Retail pads with drive-thru options available.
    Request Owner's contact information
    4000 South & Midland Dr Roy, UT 84401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4000 South & Midland Dr
    Roy, UT 84401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4000 South & Midland Dr Roy, UT 84401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Adam Hawkes
    Adam Hawkes
    Real Estate License ID: 5608172-SA00
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!