Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Clearfield, UT 84015
    Back to Search
    Property profile & analytics

    , Clearfield, UT 84015

    View on Map
    • Commercial real estate
    • 0.87 lot acres
    Off-Market
    Last Sale Aug 7, 2024
    Property ID
    US86-0762298
    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

    • Commercial real estate

    Property Details

    Lot size
    0.87 lot acres
    Zone code
    A-1
    Property type
    Commercial real estate
    APN
    14-001-0081
    APU
    140010081

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 7, 2024 — Bradley J Devereaux Brad Devereaux Intrafamily Transfer · related —
    Aug 17, 2020 — Out Of Box Investing LLC Post Construction Co Warranty Deed —
    Dec 31, 2015 — Post Construction Co Archer Family Trust Warranty Deed · related —

    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
    -112.064
    Latitude
    41.1448
    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
    $3,371
    $182,379
    $0.00
    $182,379
    -
    $331,599
    $0.00
    $331,599

    Comparable in this City

    • Value Estimation by Request
      0.38 Acres

      1771 2225th W

      COMMERCIAL (GENERAL)
      1771 2225th W, Clinton, UT 84015-7981
      View Details
    • Value Estimation by Request
      0.22 Acres

      793 700th S

      COMMERCIAL (GENERAL)
      793 700th S, Clearfield, UT 84015-1203
      View Details
    • Value Estimation by Request
      28.53 Acres

      325 775th W

      COMMERCIAL (GENERAL)
      325 775th W, Clearfield, UT 84015
      View Details
    • Value Estimation by Request
      0.31 Acres

      Clearfield, UT 84015

      COMMERCIAL (GENERAL)
      Clearfield, UT 84015
      View Details
    • Value Estimation by Request
      16.42 Acres

      Clearfield, UT 84015

      COMMERCIAL (GENERAL)
      Clearfield, UT 84015
      View Details
    • Value Estimation by Request
      0.05 Acres

      Sunset, UT 84015

      COMMERCIAL (GENERAL)
      Sunset, UT 84015
      View Details

    Similar Nearby for Sale

    • $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
    • $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
      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
    • Contact for pricing

      Retail Pad Ground Lease Available

      1.2 acre retail pad near high-traffic shopping center.
      1882 N 2000 W, Clinton, UT 84015
      View Details
    • 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

      Commercial Land For Sale

      1.14 acres of commercial land with completed road access.
      1396 S State St, Clearfield, UT 84015
      View Details

    Similar Nearby for Lease

    • 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

      Retail/Office Space in Davis County

      Retail and office spaces available for lease in Clinton, Utah.
      2084 N 2000 W, Clinton, 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
      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
    • 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
    • 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
    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.
    Clearfield, UT 84015
    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
    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!