Farmington, Utah Commercial Real Estate 0 Listings

Farmington, Utah: A Premier Destination for Commercial Real Estate

Introduction

Farmington, Utah, offers a dynamic commercial real estate (CRE) landscape that appeals to investors and businesses seeking strategic opportunities. Nestled in Davis County, Farmington boasts a growing population and a diverse economy that includes a mix of retail, healthcare, and technology sectors. Its strategic location in the Greater Salt Lake City area further enhances its CRE value, offering unique positioning for various commercial property types.

Economic and Industry Overview

Farmington's economy is primarily driven by major industries such as healthcare, retail, and technology. The presence of prominent retail centers, like the Station Park shopping complex, has spurred demand for retail spaces and related services. Additionally, the region benefits from the economic initiatives spearheaded by the Davis County Economic Development agency, which promotes business growth and investment in the area.

Strategic Location and Transportation Infrastructure

Farmington's strategic location is bolstered by its proximity to major transportation routes. The city is conveniently situated along Interstate 15, which provides seamless access to the Salt Lake City metropolitan area and beyond. The nearby Salt Lake City International Airport further enhances the city's logistical advantages, offering global connectivity for businesses.

For detailed transportation information, visit the Utah Department of Transportation website.

Commercial Real Estate Inventory & Zoning

Farmington is home to diverse CRE submarkets, including retail hubs and emerging office spaces. The city’s zoning regulations facilitate a mix of developments, with notable industrial and retail corridors that support various asset classes. Recent zoning changes have introduced incentives for developers, fostering growth in mixed-use and innovation districts.

Explore Farmington’s zoning maps and parcel viewer for more detailed information.

Major Employers and Institutions

Prominent employers in Farmington include educational institutions, healthcare facilities, and retail giants. The presence of corporate headquarters, such as those located at Station Park, drives demand for office and retail spaces. Key institutions like the University of Utah’s research centers further contribute to the city's CRE landscape.

For a comprehensive list of top employers, refer to the Davis County Business Directory.

Notable Commercial Developments & Projects

Farmington is witnessing a surge in large-scale commercial developments, including mixed-use projects and innovation parks. Notable developments include expansions at Station Park and various public-private partnerships aimed at revitalizing key areas. Additionally, Farmington benefits from designated Opportunity Zones, providing tax incentives for investors.

Visit the Farmington Planning Department for information on ongoing projects and site maps.

Building Permits, Planning, and Development Tools

For developers and investors, Farmington provides comprehensive resources for planning and development:

Market Data & Economic Reports

Access to market data and economic reports is crucial for CRE stakeholders. Farmington offers public data through resources like census.gov and the city’s open data portal. Brevitas leverages AI-powered aggregation from public data and offers insights through its dashboards.

Explore Brevitas-powered dashboards for Farmington here.

Why Use Brevitas for Farmington, Utah CRE?

Brevitas stands out as a leading platform for CRE discovery in Farmington, Utah. Our AI-driven tools provide real-time market alerts, smart property pages, and collaborative dealroom environments. Key features include: