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    FOR LEASE
    Industrial properties

    695 N Kays Dr, Kaysville, UT 84037

    46,050 SF 3.8 ac lot Built 1999
    Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US86-0278843
    Property summary
    AI-generated overview

    This exceptional property at 695 N Kays Dr, Kaysville, UT 84037 offers a unique blend of office and industrial space, ideal for a variety of businesses. The single-story building boasts a substantial 59,064 square feet of total space, with 8,138 square feet currently vacant and available for lease. The building features a high 22-foot ceiling height, providing ample room for storage or specialized equipment. The property is zoned L1, Light Industrial, allowing for diverse operational possibilities. Power is supplied by a robust 200 amp, 120/208 volt, 3-phase system. While there are no elevators, the single-story design ensures easy accessibility throughout the building. The location offers excellent visibility from I-15, providing significant exposure for your business. The address is conveniently situated near the intersection of Flint Meadows Drive and North Kays Drive in Davis County, Utah. Currently, there is 1,650 square feet of office/storage space immediately available. This property presents a rare opportunity to secure a well-located, versatile space in a thriving area. The multiple tenancy structure allows for flexibility in lease terms and configurations. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1999
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 46,050 SF
    Lot 3.8 ac (165,528 SF)
    Zoning code LI
    APN 11-422-0032
    UPID US86-0278843
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.79M
    Blend (final) Blend
    $2.71M
    Owner & transaction history
    Galadriel LLC · 9 yrs held
    Galadriel LLC
    since 2017
    7 recorded transactions
    2022
    2017
    2007
    2005
    1999
    1969
    1969
    Zoning & alternative use
    LI · Kaysville, UT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $4.1M +59.3%
    Apartment house (5+ units) $4.0M +54.2%
    Auto repair, garage $3.9M +50.8%
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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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