871 Auto Mall DrAmerican Fork, UT 84003

Property Details for 871 Auto Mall Dr

Year built

2012

Lot size

1.82 AC

Property size (Sq ft)

26,410 SF

Property type

Office properties

Property subtype

Office buildings

APN

47-325-0001

APU

473250001

Description

This exceptional 16,331-square-foot flex space in American Fork, Utah, presents a unique investment opportunity. Located at 871 S Auto Mall Dr, American Fork, UT 84003, this single-tenant property boasts a prime location with convenient freeway access. The building, constructed in 2012, is a Class B industrial structure encompassing a 1.82-acre lot. The 16,331 square feet are distributed across two stories, offering a versatile layout ideal for a variety of businesses. The space includes 5,219 square feet of office space, featuring six private offices, and 11,112 square feet of warehouse space. The warehouse area benefits from a 24-foot ceiling height, one dock-high door, and one ground-level drive-in door. While there are no elevators, the property's design and features make it highly functional and efficient. The property's APN is 47:325:001. Professional finishes throughout enhance the overall appeal and functionality of the space. The lease rate is $1.15 per square foot, NNN. This property offers a compelling combination of size, location, and features, making it an attractive option for businesses seeking a well-appointed and strategically located industrial space.

• CAP approach

  CAP return

  Valuation

  6%

  $7,012,774

  6.5%

  $6,473,330

  7%

  $6,010,949

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,291,244

  Geo Method

  $5,291,244

• Alternative Use

  Use

  Valuation

  Residential

  $8,026,929

  Hospitality

  $7,352,624

  Educational

  $6,117,296

  Medical

  $6,327,680

  Retail

  $9,515,795

Location Insight

City

American Fork

County

Utah

State

Utah

Latitude

40.36

Longitude

-111.789

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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