Office Condo Near
For Sale
$149,999
990 S MEDICAL Dr W, Brigham City, UT 84302
Commercial Sale, Brigham City, UT
Property Size888 SF
Lot Size0.07 Acres
Price / SF$168.92
Days on Market139
Property Features for 990 S MEDICAL Dr W
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
Brigham City; Perry; Mantua
Standard status
Active
APN
03-183-0010
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
1596
Building Details
Year built
1978
Listing Agency:
Equity Real Estate
(385) 399-8719
Listed By:
Kevin Hall
(435) 730-0718
Added: May 21
Changed: Aug 25
Last Checked: Oct 6 at 9:06PM
MLS# 2159521
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Investment Insights
Based on property information with market context.
This commercial office condo is located at 990 S Medical Dr W in Brigham City and was built in 1978. The property offers functional office space suited to medical, professional, or small-business use, with a condition that may benefit from updates.
The property is positioned near Brigham City Community Hospital and major roads and highways. Its location also places it among surrounding businesses in the 84302 area of Box Elder County.
The property is positioned near Brigham City Community Hospital and major roads and highways. Its location also places it among surrounding businesses in the 84302 area of Box Elder County.
Key Highlights
- Commercial office condo at 990 S Medical Dr W, Brigham City, UT 84302
- Located near Brigham City Community Hospital
- Access to major roads and highways
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,566
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,320
$231.3K
Cap Rate 7%
$165,229
$165.2K
Cap Rate 9%
$128,511
$128.5K
Market Conditions
NOI Build-Up for 888 SF
Gross rent
$19.2K $21.60/SF
− Vacancy
−$3.8K −$4.23/SF
EGI
$15.4K $17.37/SF
− OpEx
−$3.9K −$4.34/SF
NOI
$11.6K $13.02/SF
Area
Box Elder County, UT
Vacancy
19.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,320
Cap Rate 7%
$165,229
Cap Rate 9%
$128,511
Alternative Uses
Best Use
Office B
$165.2K
$144.6K – $192.8K
NOI $11,566 @ 7.0% cap · market cap 7.71%
Second Best
Healthcare Medical
$154.6K
$135.3K – $180.4K
NOI $10,823 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$230.6K
$201.8K – $269.0K
NOI $16,142 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
Explore this area
Business Placement
Demographics for 84302, UT
26,564
Population
9,355
Households
2.8
Avg Household Size
34
Median Age
30%
College-Educated
93%
High-School Grad
79.5 sq mi
ZIP Area
334
Density / Sq Mi
$75,247
Median Household Income
$39,468
Median Earnings
$957
Median Rent
$343,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Commercial office space near Brigham City Community Hospital with convenient access to major roads and highways.
Where is this office units located?
The property is located at 990 S MEDICAL Dr W Brigham City, UT.
What is the asking price?
The asking price for this property is $149,999.
What are key features of this property?
This property features: Commercial office condo at 990 S Medical Dr W, Brigham City, UT 84302; Located near Brigham City Community Hospital; Access to major roads and highways
