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    239 1250 Centerville, UT 84014
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    239 1250, Centerville, UT 84014

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    • Industrial properties
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    Cap Rate Potential
    Location Intelligence

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    Property Details for 239 1250

    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This Centerville, Utah flex space warehouse offers a single 2,500-square-foot unit available for lease. Located at 239 N 1250 W, 84014, this industrial property provides convenient access to major transportation arteries, including I-15 and Legacy Parkway, placing it just 15 minutes from Salt Lake City. The unit features one ground-level 10' x 12' door for easy loading and unloading. The space is ideal for businesses requiring flexible industrial space. Tenants are responsible for utilities. The minimum leasable space is 2,500 square feet, and the maximum contiguous space available is also 2,500 square feet. This property is perfect for a variety of uses, offering a strategic location and efficient layout. The property is situated in Centerville, Utah, a rapidly growing area with a strong business environment. This is a multi-tenant building, offering a collaborative atmosphere. The convenient location and functional design make this an attractive option for businesses seeking a well-situated industrial space in the Salt Lake City metropolitan area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Centerville
    County
    Davis
    State
    Utah
    Longitude
    -111.899
    Latitude
    40.9194

    Comparable in this City

    • Value Estimation
      $2,825,000
      52,906 SF

      1041 950th W

      INDUSTRIAL (GENERAL)
      1041 950th W, Centerville, UT 84014-1776
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    • Value Estimation by Request
      4,968 SF

      Centerville, UT 84014

      INDUSTRIAL (GENERAL)
      Centerville, UT 84014
      View Details
    • Value Estimation by Request
      4,800 SF

      1199 850th N

      INDUSTRIAL (GENERAL)
      1199 850th N, Centerville, UT 84014-3401
      View Details
    • Value Estimation by Request
      12,000 SF

      Centerville, UT 84014

      INDUSTRIAL (GENERAL)
      Centerville, UT 84014
      View Details
    • Value Estimation by Request
      4,000 SF

      Centerville, UT 84014

      INDUSTRIAL (GENERAL)
      Centerville, UT 84014
      View Details
    • Value Estimation by Request
      5,000 SF

      460 1000th W

      INDUSTRIAL (GENERAL)
      460 1000th W, Centerville, UT 84014-1739
      View Details

    Similar Nearby for Sale

    • $323,500
      Pending

      Land For Sale

      Land available for purchase in Davis County, Utah.
      1159 N Oakridge Dr, Centerville, UT 84014
      View Details
    • $275,000
      0.11 Acres

      Residential Land with Mountain Views

      Centerville, UT lot ready for your dream home.
      385 E Randall Way S, Centerville, UT 84014
      View Details
    • Contact for pricing
      1,650 SF

      Centerville Gas Station - UT

      Prime Retail Location, 1650 SF, 0.52 Acres
      95 Main St, Centerville, UT 84014
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    • $10,900,000
      50,476 SF

      Centerville Office Building - Utah

      Prime Centerville Office Space, 50,476 SF
      520 Market Place Dr, Centerville, UT 84014
      View Details
    • Contact for pricing

      Centerville Land with I-15 Visibility

      5.67 acres with I-15 visibility, near Legacy Parkway.
      1025 W 200 N, Centerville, UT 84014
      View Details
    • Contact for pricing

      Retail Space Available For Sale

      Retail space for sale with a 4.75% CAP rate.
      250 West Parrish Ln, Centerville, UT 84014
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Centerville Flex Space Available

      4,400 SF flex space with office and warehouse.
      803 N 1250 W, Centerville, UT 84014
      View Details
    • Contact for pricing
      4,000 SF

      Centerville Flex Space For Rent

      Flex space available with Legacy Highway visibility and signage.
      1265 W 1275 N, Centerville, UT 84014
      View Details
    • Contact for pricing
      2,500 SF

      Centerville Flex Space For Rent

      Flex space with immediate access to I-15 and Legacy Parkway.
      239 N 1250 W, Centerville, UT 84014
      View Details
    • Contact for pricing
      4,797 SF

      Class A Office Space Available

      Class A office space with high-end finishes and plentiful parking.
      1148 W Legacy Crossing Blvd, Centerville, UT 84014
      View Details
    • Contact for pricing
      400 SF

      Centerville Office Space For Rent

      Office space for rent in Centerville, Utah.
      200 W Parrish Ln, Centerville, UT 84014
      View Details
    • Contact for pricing

      Commercial Space Available For Lease

      Commercial property available for lease.
      400 West & Parrish Ln, Centerville, UT 84014
      View Details
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    239 1250
    Centerville, UT 84014
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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
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