Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    707 700th S1a Woods Cross, UT 84087-1454
    Back to Search
    Property profile & analytics

    707 700th S1a, Woods Cross, UT 84087-1454

    View on Map
    • Office buildings
    • 4,892 SF
    • 0.01 lot acres
    Off-Market
    Last Sale Jan 15, 2021
    Property ID
    US86-0150357
    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

    • Office buildings

    Property Details for 707 700th S1a

    Year built
    2003
    Construction
    STEEL FRAME
    Lot size
    0.01 lot acres
    Zone code
    C-2
    Property type
    Office buildings
    APN
    06-243-0001
    APU
    62430001

    Description

    This exceptional executive office building, located at 707 W 700 S in Woods Cross, UT 84087, offers a total of 9,551 square feet of premium office space currently available for lease. The building is situated in Davis County and boasts ample parking with 63 spaces available for tenants. The property is ideal for businesses seeking flexible office solutions, with multiple tenancy options available. Units range from a minimum of 2,552 square feet to a maximum contiguous space of 3,794 square feet, providing scalability to accommodate various business needs. The entire 9,551 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease individual suites. This prime location in Woods Cross offers easy access to major transportation routes, ensuring convenient commutes for employees and clients. The building's modern design and ample parking make it an attractive option for businesses seeking a professional and convenient workspace. Interested parties are encouraged to inquire about lease terms and availability for this exceptional office space. The property is classified as an Executive Office building.

    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
    Woods Cross
    County
    Davis
    State
    Utah
    Longitude
    -111.9
    Latitude
    40.8821
    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
    2023
    $10,493
    $2,515
    $547,484
    $550,000
    -
    $4,574
    $995,426
    $1,000,000

    Comparable in this City

    • Value Estimation by Request
      1,001 SF

      2260 800th W

      OFFICE BUILDING
      2260 800th W, Woods Cross, UT 84087-1723
      View Details
    • Value Estimation
      $4,350,000
      19,846 SF

      Woods Cross, UT 84087

      OFFICE BUILDING
      Woods Cross, UT 84087
      View Details
    • Value Estimation by Request
      510 SF

      755 500th S

      OFFICE BUILDING
      755 500th S, Woods Cross, UT 84087-1448
      View Details
    • Value Estimation
      $5,640,000
      25,740 SF

      1070 500th S

      OFFICE BUILDING
      1070 500th S, West Bountiful, UT 84087-1442
      View Details
    • Value Estimation by Request
      996 SF

      Woods Cross, UT 84087

      OFFICE BUILDING
      Woods Cross, UT 84087
      View Details
    • Value Estimation by Request
      934 SF

      707 700th S1b

      OFFICE BUILDING
      707 700th S1b, Woods Cross, UT 84087-1454
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Office Building Near FrontRunner Station

      Office building for sale, near Woods Cross FrontRunner Station.
      707 W 700 S, Woods Cross, UT 84087
      View Details
    • Contact for pricing
      30,355 SF

      Renovated Office Building with Amenities

      Woods Cross office building featuring modern layouts and recreational facilities.
      2250 S 800 W, Woods Cross, UT 84087
      View Details
    • Contact for pricing

      Commercial Land Near Front Runner

      Commercial land suitable for retail, office, or financial institutions.
      1566 S 800 W, Woods Cross, UT 84087
      View Details
    • New
      $610,000
      1.00 Acre

      West Bountiful Acreage for Custom Build

      Acre lots available for custom homes near downtown SLC.
      West Bountiful, UT 84087
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      West Bountiful Warehouse/Office Units

      Warehouse and office units with easy highway access in Bountiful.
      1116 W 500 S, West Bountiful, UT 84087
      View Details
    • Contact for pricing

      Woods Cross Office/Warehouse For Lease

      Office and warehouse spaces available for lease.
      1376 W 2600 S, Woods Cross, UT 84087
      View Details
    • Contact for pricing
      41,729 SF

      Woods Cross Industrial Space

      Modern industrial space in Woods Cross, ready for occupancy.
      2269 S 1200 W, Woods Cross, UT 84087
      View Details
    • Contact for pricing
      134,169 SF

      Woods Cross Warehouse Space Available

      134,169 sq ft warehouse space for lease.
      1376 West 2600 South, Woods Cross, UT 84087
      View Details
    • Contact for pricing
      63,504 SF

      Woods Cross Industrial Space

      Modern industrial space in Woods Cross, ready for occupancy.
      2119 S 1200 W, Woods Cross, UT 84087
      View Details
    • Contact for pricing
      45,884 SF

      Woods Cross Industrial Space Available

      Modern industrial space in Woods Cross, ready for occupancy.
      2193 S 1200 W, Woods Cross, UT 84087
      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.
    707 700th S1a
    Woods Cross, UT 84087-1454
    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
    707 700th S1a, Woods Cross, UT, 84087
    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!