Property profile

370 W 500 S Bountiful, UT 84010

FOR SALE
Drive through restaurants
Property ID
US86-0766424
5,639 SF 0.8 ac lot Built 1992
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional new medical office development in Bountiful, Utah, offers four professional condo units ranging from 1,200 to 6,000 square feet. Located on a high-traffic section of 500 South, this two-story building boasts excellent visibility and ample parking, ensuring convenient access for patients and staff. The property is currently under construction with an estimated completion date in the third quarter of 2025. Each unit is delivered in a grey shell condition, allowing for complete customization to suit individual medical practices' specific needs and preferences. The building's prime location in Davis County, Utah, provides easy access for patients throughout the Bountiful area and beyond. Purchase options are available at $370 per square foot, while lease rates are set at $35 per square foot, triple net (NNN). This presents a unique opportunity to establish or expand a medical practice in a thriving community with high visibility and convenient access. The building's modern design and strategic location make it an ideal investment for healthcare professionals seeking a high-quality, well-situated space. Contact us today to learn more about this exciting opportunity and secure your space in this sought-after medical office development. The address is 370 W 500 S, Bountiful, UT 84010.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1992
Construction WOOD
Total area 5,639 SF
Lot 0.8 ac (34,848 SF)
Zoning code CG
APN 03-025-0122
UPID US86-0766424

Cap rate & NOI

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

Location

370 W 500 S Bountiful, UT 84010
Bountiful metro Census 126700 OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$485k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2000
Price N/A
1969
Price N/A

Zoning & alternative use

CG · Bountiful, UT

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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