Property profile

874 Highway 73 Fairfield, UT 84013

OFF-MARKET
Warehouses
7,200 SF 5.3 ac lot Built 2022
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Property summary

AI-generated overview

This exceptional industrial property in Fairfield, Utah's Bradshaw Business Park offers versatile spaces ideal for R&D, manufacturing, flex, or warehouse use. The park features nine single-story buildings, each totaling 7,200 square feet and divisible into 3,600-square-foot units. Currently undergoing condominiumization, four buildings (C, D, E, and F) are slated for completion in July 2024. These new units boast 15'-9" ceilings, three drive-in doors, 220-volt power, and are situated on a 5.299-acre lot with some fenced yard space. Each building includes one full restroom, two man doors, and three 14' x 14' overhead doors. Basic building finishes include electrical, lighting, and insulation; however, HVAC, space heaters, office improvements, and demising walls are tenant responsibilities. The property is zoned for commercial overlay use and enjoys a prime location on busy Highway 73, within a thriving business park. Annual lease rates are $10.20 per square foot NNN, with a monthly NNN fee of $1,000 per building. Photos depict existing, leased buildings. The property's APN is 59:061:0077.

Property profile

Verified
Property type Warehouses
Year built 2022
Total area 7,200 SF
Lot 5.3 ac (230,824 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • General Contractor Renovation Specialist

Location

874 Highway 73 Fairfield, UT 84013
Fairfield metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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