1471 1250Orem, UT 84058

  • Industrial properties
  • 33,208 SF
For Lease
$14.16/SF/YR View listing

Property Details for 1471 1250

Year built
2016
Lot size
3.90 AC
Property size (Sq ft)
33,208 SF
Property type
Industrial properties
APN
48-310-0001
APU
483100001

Description

This exceptional industrial warehouse space, located in the thriving Orem Business Park of Utah County, offers 9,000 square feet of total building area, with 3,300 square feet currently available for lease. The property boasts a desirable location at 1471 W 1250 S, Orem, UT 84058, within the Orem submarket cluster. The warehouse features a substantial 21-foot ceiling height, providing ample vertical space for storage and operations. Power is readily available with a 100A, 1200V, 3-phase electrical service. The property is classified as a multi-tenant building, offering flexibility for various business needs. This prime location in Utah County provides excellent access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The available 3,300 square feet presents a unique opportunity for businesses seeking to establish or expand their operations in a dynamic and growing area. The property's features and location combine to create a highly attractive proposition for a variety of industrial users. Contact us today to learn more about this exceptional opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,038,800
    6.5%
    $17,574,300
    7%
    $16,319,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,645,200
    Geo Method
    $10,645,200
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $9,143,720
    Mixed-Use / Specialty
    $9,214,930
    Hospitality / Lodging
    $6,895,860
    Office
    $9,268,310
    Institutional / Educational
    $9,616,920
    Residential Income
    $11,251,800
    Multifamily
    $12,919,300
    Automotive / Energy
    $8,243,070
    Parking / Income-Based Land
    $2,742,020
    Restaurant / Food Service
    $5,014,300
    Healthcare / Senior Housing
    $9,343,290

Location Insight

City
Orem
County
Utah
State
Utah
Latitude
40.2737
Longitude
-111.73
CBSA code
39340
CBSA name
PROVO-OREM, 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
2024
$57,040
-
-
$6,974,800
-
$1,672,400
$5,302,400
$6,974,800

FAQs

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