For Sale
$1,900,000

1106 1680Orem, UT 84058

9,525 SF Warehouse, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 9,525-square-foot light industrial condo in Orem, Utah, presents a compelling owner-user or investment opportunity. Located at 1106 S 1680 W, this Class B, single-unit warehouse boasts a desirable 7.22% pro-forma cap rate and a strong pro-forma NOI of $137,160. Built in 1999, the two-story building features an 18-foot clear ceiling height, two 12' x 14' grade-level roll-up doors with drive-through access, and a fenced yard. The property also includes a substantial 825-amp, 3-phase power system and a professionally installed mezzanine. A key advantage is the inclusion of a high-quality paint booth equipped with an 8-foot roll-up door, adding significant versatility. The asking price is $1,900,000, translating to $199.48 per square foot. The 0.149-acre lot is situated in a prime Orem location, offering convenient access to major transportation routes. Currently vacant, this property is ideal for a business seeking a functional and well-equipped space or an investor looking for a strong return. The property's APN is 482180013. This is a rare opportunity to acquire a well-maintained, versatile industrial space in a thriving Utah County market.

Highlights

  • Prime Orem, Utah location.
  • 825-amp, 3-phase power.
  • Fenced yard.
  • Drive-through warehouse with two 12' x 14' roll-up doors.
  • 18' clear ceiling height.
  • Versatile industrial space with paint booth.

Property Details for 1106 1680

Property type
Warehouses, Industrial properties
Square Feet
9,525 SF
Class
B
Year Built
1999
Stories
2
Lot Size (sq. ft)
6,490 SF
Units
1

Location Insight

City
Orem
County
Utah
State
Utah
Latitude
40.2769266
Longitude
-111.7355875
1106 1680, Orem, Utah

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1106 1680
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