Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    410 Main St Brigham City, UT 84302
    Property profile & analytics

    410 Main St, Brigham City, UT 84302

    View on Map
    • Mobile home & RV parks
    • 3.09 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 410 Main St

    Year built
    1963
    Lot size
    3.09 lot acres
    Property type
    Mobile home & RV parks

    Description

    This exceptional investment opportunity presents a 37-unit mobile home park in Brigham City, Utah, situated on a 3.09-acre lot. Currently boasting 100% occupancy, the park comprises 34 mobile home pads, one single-family home, and two commercial/retail units. The property features 40 parking spaces and benefits from public utilities. Built in 1963, the park offers significant value-add potential through implementing water/trash pass-through billing, installing fiber internet, and increasing lot rent (currently $515/month) to market rates. The strong current NOI of $189,023 and a 5.41% cap rate project to a pro-forma NOI of $225,033 and a 6.44% cap rate, showcasing substantial upside. The asking price is $3,495,000, translating to approximately $102,794.12 per pad. Extensive capital improvements have already been completed, ensuring immediate cash flow for the new owner. The property's size and location also present potential for future redevelopment. The property's APN is 03-088-0003 & 03-088-0004. This is a rare opportunity to acquire a fully occupied, cash-flowing mobile home community with considerable growth potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brigham City
    County
    Box Elder
    State
    Utah
    Longitude
    -112.014
    Latitude
    41.5196

    Comparable in this City

    • Value Estimation
      $1,995,000
      23,186 SF

      160 800th Sa

      APARTMENT HOUSE (5+ UNITS)
      160 800th Sa, Brigham City, UT 84302-4387
      View Details
    • Value Estimation by Request
      7.66 Acres

      2370 Highway 38

      Land
      2370 Highway 38, Brigham City, UT 84302
      View Details
    • Value Estimation by Request
      0.04 Acres

      Brigham City, UT 84302

      VACANT COMMERCIAL LAND
      Brigham City, UT 84302
      View Details
    • Value Estimation by Request
      9.30 Acres

      1650 Frst St

      VACANT COMMERCIAL LAND
      1650 Frst St, Brigham City, UT 84302-4414
      View Details
    • Value Estimation
      $515,000
      222.26 Acres

      1875 Hwy 13

      OFFICE BUILDING
      1875 Hwy 13, Brigham City, UT 84302-4009
      View Details
    • Value Estimation by Request
      0.12 Acres

      332 Main St

      VACANT COMMERCIAL LAND
      332 Main St, Brigham City, UT 84302-2533
      View Details

    Similar Nearby for Sale

    • $365,000
      2,912 SF

      Brigham City Duplex with Apartment

      Duplex with mother-in-law apartment, ideal for investors or families.
      410 S 100 E, Brigham City, UT 84302
      View Details
    • Contact for pricing
      198,681 SF

      Brigham Lofts Multifamily Community

      165-unit Class-A multifamily community in Brigham City, Utah.
      747 S Main St, Brigham City, UT 84302
      View Details
    • New
      $365,000
      2,910 SF

      Brigham City Duplex Investment Opportunity

      Duplex near downtown Brigham City with immediate income potential.
      335 Forest St E, Brigham City, UT 84302
      View Details
    • Contact for pricing
      1,621 SF

      Residential Income Property For Sale

      Residential income property with 1621 square feet available for purchase.
      1881 S 300 W 22, Perry, UT 84302
      View Details
    • Contact for pricing
      6,956 SF

      Free-Standing Office Building on Acreage

      Newly built office building with outdoor storage on 1.17 acres.
      852 N Main St, Brigham City, UT 84302
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Brigham City, Utah.
      948 West 1150 South, Brigham City, UT 84302
      View Details
    • Contact for pricing
      46,174 SF

      Commercial Space in Eagle Landing

      Retail and office spaces available in Brigham City, Utah.
      1136 S 450 W, Brigham City, UT 84302
      View Details
    • Contact for pricing

      Medical/Office Space Near Hospital

      Medical and standard office suites available near Brigham City Hospital.
      984 South Medical Dr, Brigham City, UT 84302
      View Details
    • Contact for pricing
      6,113 SF

      Medical Office Space Available

      Medical office space for rent near Brigham City Community Hospital.
      984 Medical Dr, Brigham City, UT 84302
      View Details
    • Contact for pricing

      Perry Land for Lease

      2.36 acres of commercial land available for lease.
      945 S 1600 W, Perry, UT 84302
      View Details
    Request Owner's contact information
    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.
    410 Main St
    Brigham City, UT 84302
    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
    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

    Thank You for Inquiry
    410 Main St, Brigham City, UT, 84302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!