596 750 Bountiful, UT 84010
- Office buildings
- 22,451 SF
- 1.22 lot acres
Current Use by Public Records
- Office buildings
Property Details for 596 750
- Year built
- 2004
- Construction
- STEEL FRAME
- Lot size
- 1.22 lot acres
- Property size
- 22,451 SF
- Zone code
- C-2
- Property type
- Office buildings
- APN
- 06-177-0001
- APU
- 61770001
Description
This exceptional three-story medical office building, constructed in 2004, presents a unique investment opportunity in Woods Cross, Utah. Located at 596 West 750 South, this property boasts a highly desirable location adjacent to I-15, providing unparalleled accessibility for patients and staff. Its proximity to Lakeview Hospital, just three minutes away, further enhances its appeal to medical professionals. The building comprises a single structure offering multiple tenancy options, with two available spaces ranging from 2,500 to 4,128 square feet. The modern design caters to a variety of medical practices, and the building benefits from a strong existing medical co-tenancy. Opportunities for prominent exterior signage are available, providing excellent brand visibility. The current lease term extends to October 31, 2033, offering long-term stability for investors. This property is situated in Davis County and represents a compelling investment in a high-demand area for medical services. The building's strategic location and modern amenities make it an ideal setting for establishing or expanding a medical practice. The available space offers flexibility to accommodate various practice sizes and needs.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,855,000
- 6.5%
- $4,480,000
- 7%
- $4,160,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $5,051,000
Market price range: $1.80M - $5.05M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,635,000 Current use
- MEDICAL BUILDING
- $5,425,000 Change: +49% Conversion: Easy
- COMMERCIAL (GENERAL)
- $5,370,000 Change: +48% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Woods Cross
- County
- Davis
- State
- Utah
- Longitude
- -111.896
- Latitude
- 40.882
- CBSA code
- 36260
- CBSA name
- OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA