Entity Owned Property summary
This exceptional retail property, located at 1338 State Street in Clearfield, Utah, presents a unique investment opportunity. The single-tenant building, constructed in 2021, is ideally situated on a hard corner at a signalized intersection, ensuring high visibility and accessibility. The property's strategic location on State Street boasts a significant traffic count of 17,169 ADT, guaranteeing substantial exposure to potential customers. The building is classified as a beverage, fast food, or quick-service restaurant (QSR) establishment, making it suitable for a variety of food and beverage businesses. The property is available for both sale and lease. The asking sale price is $1,600,000. The asking lease rate is $55 per square foot, plus net, net, net (NNN) charges. This property is in Davis County, Utah, and its zip code is 84015. The property's precise coordinates are 41.09431948335922 latitude and -112.00687442090195 longitude. This is a quietly marketed opportunity
Property profile
VerifiedCap rate & NOI
Current use
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Cafe & Coffee Shop Take-out & Catering
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The C-2 commercial zone is established to provide areas for general commercial and business activities
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Clearfield, UTThe C-2 commercial zone is established to provide areas for general commercial and business activities
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The C-2 commercial zone is established to provide areas for general commercial and business activities
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Clearfield, UT.
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