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    250 E Fairfield, UT 84013

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    For Lease
    Contact for pricing

    Class A Executive Suites in Fairfield, UT

    Lot size:
    21,907 SF

    Property Features for 250 E

    General Information

    Property type
    Office Units
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,907 SF
    Class
    A
    Total Rate
    42901.21

    Building Details

    Year Built
    2009

    Spaces For Lease

    at 250 E, Fairfield, UT 84013 Contact us
    Unit Suit 3B

    $23 /Mo

    Size
    2,957 SF
    Contact us
    Unit Suit 2D

    $23 /Mo

    Size
    3,035 SF
    Contact us
    Unit Suite 1A

    $23 /Mo

    Size
    3,142 SF
    Contact us
    Unit Suite 3F

    $23 /Mo

    Size
    2,170 SF
    Contact us
    Unit Suite 1B

    $23 /Mo

    Size
    2,919 SF
    Contact us
    Unit Suite 2E

    $23 /Mo

    Size
    2,111 SF
    Contact us
    Unit Suite 3A

    $23 /Mo

    Size
    3,269 SF
    Contact us
    Unit Suite A

    $23 /Mo

    Size
    3,362 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Cody Black
    Cody Black

    Listing Agency: Mountain West Commercial Pleasant Grove Listing Agent: Cody Black

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

    Learn more

    Overview

    Discovery Pointe II, a Class A office building in Fairfield, Utah, offers exceptional executive office space. Built in 2009, this property boasts a total of 21,907 square feet situated on a generous 3.35-acre lot. Currently, the entire building is available, presenting a unique opportunity for a single tenant or multiple occupants. The flexible floor plan allows for spaces ranging from a minimum of 3,475 square feet to a maximum contiguous space of 15,652 square feet, catering to various business needs and sizes. The building's "Executive Office, Professional" subtype signifies a high-quality construction and finish, ideal for businesses seeking a prestigious address. Located at 250 E in Fairfield, UT 84013, this property provides convenient access to local amenities and transportation routes. The building's modern design and ample space make it an attractive option for companies seeking a productive and professional work environment. With immediate occupancy available, this is a prime opportunity to establish or expand your business in a thriving Utah community. The property's size and layout offer significant potential for customization and adaptation to suit specific business requirements. Contact us today to schedule a viewing and explore the possibilities of making Discovery Pointe II your new business home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Fairfield
    County
    Utah
    State
    Utah
    Longitude
    -111.8657529
    Latitude
    40.3845522

    FAQs

    What type of property is this?
    Office units - Class A Executive Suites in Fairfield, UT
    Where is this office units located?
    The property is located at 250 E Fairfield, UT.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 3,475 - 15,652 square feet of available space.; Class A office space.; Excellent access to a full range of amenities.
    (801) 687-0094 Call to check price and availability
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    250 E Fairfield, UT 84013
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    Fairfield, UT 84013
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    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
    250 E Fairfield, UT 84013
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Cody Black
    Cody Black
    (801) 687-0094
    Learn more
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