Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    645 700th S Clearfield, UT 84015-1201
    Back to Search
    Property profile & analytics

    645 700th S, Clearfield, UT 84015-1201

    View on Map
    • Industrial properties
    • 3,200 SF
    • 0.20 lot acres
    Off-Market
    Last Sale Mar 5, 2025
    Property ID
    US86-0625550
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Arrant Heating & AC, Inc. / HVAC Service / General Contractor

    Property Details for 645 700th S

    Year built
    2001
    Construction
    METAL FRAME
    Lot size
    0.20 lot acres
    Zone code
    C-2
    Property type
    Industrial properties
    APN
    12-004-0017
    APU
    120040017

    Description

    This exceptional commercial property presents a unique investment opportunity in Clearfield, Utah. Situated on Highway 193, this 3200 square foot flex building offers a versatile layout ideal for a variety of businesses. The building includes 144 square feet of dedicated office space, thoughtfully divided into two private offices, a welcoming reception/showroom area, and two bathrooms – one equipped with a shower. Convenient access is provided by two 12x12-foot drive-in doors, facilitating easy loading and unloading. The property sits on a 0.2-acre lot. An adjacent parcel (parcel #12-004-0016), encompassing an additional 0.36 acres and including a residential house, is also available for purchase. This presents a compelling opportunity to acquire both parcels for a combined 0.56 acres of prime commercial real estate in a T-C Town Mixed Commerce Zone, allowing for expanded operations or future development. The properties can be purchased individually or together, offering flexibility to suit diverse investment strategies. This high-visibility location on Highway 193 ensures significant exposure to a substantial daily traffic volume, making it an attractive proposition for businesses seeking a strong foothold in a thriving market. The asking price for the 3200 sq ft building is $595,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Clearfield
    County
    Davis
    State
    Utah
    Longitude
    -112.014
    Latitude
    41.1039
    CBSA code
    36260
    CBSA name
    OGDEN-CLEARFIELD, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,315
    $48,634
    $115,948
    $164,582
    -
    $88,427
    $210,815
    $299,242

    Comparable in this City

    • Value Estimation
      $10,945,000
      123,824 SF

      Freeport W Bldg E4-7

      INDUSTRIAL (GENERAL)
      Freeport W Bldg E4-7, Clearfield, UT 84015
      View Details
    • Value Estimation by Request
      1,152 SF

      777 700th S

      INDUSTRIAL (GENERAL)
      777 700th S, Clearfield, UT 84015-1203
      View Details
    • Value Estimation by Request
      1,760 SF

      616 Main St

      INDUSTRIAL (GENERAL)
      616 Main St, Clearfield, UT 84015
      View Details
    • Value Estimation by Request
      6,016 SF

      690 1700th S

      INDUSTRIAL (GENERAL)
      690 1700th S, Clearfield, UT 84015-8524
      View Details
    • Value Estimation by Request
      4,932 SF

      634 1700th S

      INDUSTRIAL (GENERAL)
      634 1700th S, Clearfield, UT 84015-8524
      View Details
    • Value Estimation by Request
      775 SF

      765 700th S

      INDUSTRIAL (GENERAL)
      765 700th S, Clearfield, UT 84015-1203
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      6,150 SF

      Clearfield Warehouse with Office Space

      6,150 SF warehouse with 900 SF office space.
      405 N 1000 W, Clearfield, UT 84015
      View Details
    • Contact for pricing
      6,150 SF

      Clearfield Warehouse with Office Space

      6,150 SF warehouse with office on 0.44 acres.
      405 N 1000 W, Clearfield, UT 84015
      View Details
    • $2,975,000

      Net Leased Investment Opportunity

      Turn-key commercial property with 100% occupancy on a busy highway.
      1808 West 1800 North, Clinton, UT 84015
      View Details
    • Contact for pricing
      136,283 SF

      Commercial Development Opportunity in Clinton

      3.13 acres of commercial land for sale in Clinton, UT.
      2016 W 2300 N, Clinton, UT 84015
      View Details
    • $1,800,000
      2.25 Acres

      Clearfield Church and School Building

      2.25 acres with church/school, potential for residential development.
      564 S 800 E, Clearfield, UT 84015
      View Details
    • Contact for pricing
      5,000 SF

      Retail/Office Pad For Sale

      Retail/office pad available for sale or lease near I-15.
      888 S 2000 E, Clearfield, UT 84015
      View Details

    Similar Nearby for Lease

    • Sponsored
      Contact for pricing

      UT, Clearfield - 1412 Legend Hills Dr

      Workspaces, services and support to help you work better in UT, Clearfield - 1412 Legend Hills Dr
      1412 Legend Hills Dr, Clearfield, UT 84015
      View Details
    • Sponsored
      Contact for pricing

      UT, Clearfield - Legend Hills Dr

      Discover many ways to work your way in UT, Clearfield - Legend Hills Dr
      1725 Legends Hl Dr, Layton, UT 84015
      View Details
    • Contact for pricing

      Clearfield Office Space Available

      Office spaces available for rent, ranging from 5,000 to 46,000 SqFt.
      850 E 1300 S, Clearfield, UT 84015
      View Details
    • Contact for pricing
      2,943 SF

      Class A Office Space

      Class A office space for rent in Clearfield, Utah.
      1366 Legend Hills Dr, Clearfield, UT 84015
      View Details
    • Contact for pricing
      30,492 SF

      Sunset Retail/Restaurant Opportunity

      Retail or restaurant space adjacent to Sunset Town Center Apartments.
      273 W 1300 N, Sunset, UT 84015
      View Details
    • Contact for pricing
      12,072 SF

      Class A Office Space

      Class A office space in Clearfield, Utah, for lease.
      1346 S Legend Hills Dr, Clearfield, UT 84015
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    645 700th S
    Clearfield, UT 84015-1201
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    645 700th S, Clearfield, UT, 84015
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!