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    Property profile & analytics

    2866 2000 Farr West, UT 84404

    • Commercial real estate
    • 1.80 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US86-1353785
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2866 2000

    Lot size
    1.80 lot acres
    Property type
    Commercial real estate
    APN
    194730002

    Description

    This exceptional 1.8-acre commercial property, located at 2866 N 2000 W in Farr West, Utah (zip code 84404), presents a unique investment opportunity. The property is zoned C-2, offering a wide range of potential commercial development options. Its convenient location provides excellent accessibility, with close proximity to Interstate 15, a major transportation artery. High traffic counts further enhance its desirability: 24,045 ADT on 2700 North, 9,799 ADT on 2000 West, and 56,006 ADT on I-15. The property's APN is 194730002. This parcel, situated in Weber County, offers significant potential for businesses seeking high visibility and convenient access to a major transportation corridor. Detailed zoning information is available upon request. The property's size and location make it an attractive prospect for a variety of commercial ventures. Contact us for pricing and further details.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Farr West
    County
    Weber
    State
    Utah
    Longitude
    -112.0271657
    Latitude
    41.3104798

    Comparable in this City

    • $450,000

      Harrisville Commercial Land - 1.4 Acres

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      Ogden Land Ready For Development

      Land with M1/M2 zoning, near amenities and Interstate 15.
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    • $7,078,282

      Ogden Land Parcel For Sale

      Land parcel with potential for rail access and subdivision.
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      Ogden Commercial Land For Sale

      Commercial land available near Harrison Blvd and local schools.
      1137 12Th St, Ogden, UT 84404
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    • $1,250,000
      0.86 Acres

      Ogden Commercial Land - Prime Location

      0.855 Acres, C-2 Zoning, High Traffic
      702 Wall Ave, Ogden, UT 84404
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      Ogden Land Parcel For Sale

      Land parcel with M1 and M2 zoning in Ogden, Utah.
      1285 Gibson Ave, Ogden, UT 84404
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    Similar Nearby for Sale

    • $1,300,000
      6 SF

      Weber County Development Property

      6-acre Weber County property with development potential and existing business.
      3101 Pioneer Rd, Marriott Slaterville, UT 84404
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      Ogden Commercial Land - Prime Location

      0.855 Acres, C-2 Zoning, High Traffic
      702 Wall Ave, Ogden, UT 84404
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      Ogden Land Parcel For Sale

      Land parcel with M1 and M2 zoning in Ogden, Utah.
      1285 Gibson Ave, Ogden, UT 84404
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    • $6,836,000
      28 SF

      Ogden Industrial Land Near I-15

      28.383 acres of industrial land near I-15 in Ogden, UT.
      9747 West Ct South, Ogden, UT 84404
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    • $800,000
      0.70 Acres

      Ogden Land with High Visibility

      Highly visible land suitable for various commercial and residential developments.
      805 12Th St, Ogden, UT 84404
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      Ogden Land for Hospitality Use

      Approximately 3.0 acres available for hotel or hospitality development.
      1665 W 1200 S, Ogden, UT 84404
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    Similar Nearby for Lease

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      Commercial Land for Fast Food

      Commercial land with high visibility and access for lease.
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      Available Land in Ogden, Utah

      4.31 acres of commercially zoned land for lease.
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      30,056 SF

      Farr West Commercial Land Opportunity

      Prime 0.69-acre lot, build-to-suit available.
      1819 2000, Farr West, UT 84404
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    • $17,528 /Mo
      38,768 SF

      Farr West Commercial Ground Lease

      Prime 0.89-acre commercial lot, high visibility.
      1815 2700, Ogden, UT 84404
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      Ogden Commercial Land for Lease

      0.89 acre commercial land with CP-2 zoning in Ogden.
      1100 S Childs Ave, Ogden, UT 84404
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      58,370 SF

      Harrisville Commercial Land for Lease

      1.34 Acres, Single Tenant Opportunity
      1113 Washington Blvd, Ogden, UT 84404
      View Details
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    2866 2000
    Farr West, UT 84404
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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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