Clearfield, Utah: A Premier Destination for Commercial Real Estate

Introduction

Clearfield, Utah, is a burgeoning hub for commercial real estate (CRE), strategically located in the heart of Davis County. This city, with a population nearing 31,000, offers a diverse economy centered around key industries such as aerospace, logistics, and defense. Its unique positioning near major transportation corridors and a skilled workforce makes Clearfield an attractive destination for CRE investment.

Economic and Industry Overview

Clearfield's economy is bolstered by its strong aerospace and defense sector, driven by the presence of Hill Air Force Base and major employers like Northrop Grumman and Boeing. The logistics industry also plays a significant role, supported by Clearfield's proximity to major transportation routes. This demand influences the city's commercial property types, including industrial spaces and office parks. For more information, the Davis County Economic Development provides insights into regional initiatives enhancing economic growth.

Strategic Location and Transportation Infrastructure

Clearfield's strategic location offers unparalleled access to major highways such as I-15, facilitating efficient logistics and distribution. The city is well-connected by rail lines operated by Union Pacific, enhancing its appeal for industrial and logistics businesses. Additionally, the Salt Lake City International Airport is just a short drive away, providing easy access to national and international markets. More information on transportation infrastructure can be found at the Utah Department of Transportation.

Commercial Real Estate Inventory & Zoning

Clearfield boasts a variety of CRE submarkets, including the Central Business District and rapidly growing industrial corridors. The city's zoning policies support a range of asset classes, from industrial and office spaces to medical and retail properties. Recent zoning changes and incentives aim to attract developers to new innovation districts. For a detailed zoning map, visit the Clearfield City Zoning Map.

Major Employers and Institutions

The presence of Hill Air Force Base, along with other key employers like Lifetime Products and Utility Trailer Manufacturing, drives significant demand for commercial real estate. Clearfield is also home to educational institutions such as Weber State University Davis Campus, which contribute to a skilled labor pool. Further details on major employers can be found on the Clearfield City Economic Development website.

Notable Commercial Developments & Projects

Clearfield is witnessing a surge in large-scale development projects, including mixed-use developments and the creation of new innovation parks. These projects often involve public-private partnerships and are located within designated Opportunity Zones. The city's planning department provides updates on these projects through its planning documents.

Building Permits, Planning, and Development Tools

For developers and investors, Clearfield offers comprehensive resources through its Building and Safety Department, Permitting Portals, and GIS Parcel Map Viewer. The Planning Commission and Development Code provide essential information for navigating the city's regulatory environment.

Market Data & Economic Reports

Public data sets, such as those available from census.gov and Clearfield's Open Data Portal, offer valuable insights into the city's economic conditions. Brevitas leverages AI-powered aggregation from these public sources and internal insights, providing a unique perspective on the Clearfield CRE market. Explore Brevitas-powered dashboards for Clearfield here.

Why Use Brevitas for Clearfield, Utah CRE?

Brevitas stands out as a leading platform for discovering CRE opportunities in Clearfield, Utah. Our AI-driven tools offer real-time market alerts, smart property pages, and dealroom collaboration, tailored for brokers and investors. Unique features of Brevitas include auto-generated listing pages, email and landing page tools, and integration with top brokers and developers. With exclusive listings and premium exposure, Brevitas is your go-to marketplace for Clearfield's commercial real estate.

Explore the potential of Clearfield, Utah, with Brevitas and stay ahead in the dynamic world of commercial real estate.