1353 130Orem, UT 84058

  • Other commercial real estate
  • 1.62 AC
For Lease

Property Details for 1353 130

Lot size
1.62 AC
Property type
Other commercial real estate
APN
46-414-0004
APU
464140004

Description

This exceptional Class A industrial property in Orem, Utah, offers 19,337 square feet of flexible space, ideal for owner-users or multiple tenants. The building, constructed in 2024, features four suites, each divisible to a minimum of 4,612 square feet, with a maximum contiguous space of 19,337 square feet. Boasting a 26-foot clear ceiling height, four drive-in doors, and M2 zoning, this facility is well-suited for a variety of manufacturing and industrial uses. Situated on 1.62 acres of land, the property enjoys a prime location in Orem, just one minute from Interstate 15, providing convenient access to major transportation routes and local amenities. The property's address is 1353 W 130 S, Orem, UT 84058, and its APN is 46414004. The building is comprised of four individual suites within a single structure. The asking price is $5,125,000, with lease pricing available upon request. This represents a unique opportunity to acquire a state-of-the-art industrial facility in a thriving Utah County location. The property is zoned M2, allowing for heavy manufacturing. This is a truly remarkable opportunity for businesses seeking a modern, efficient, and strategically located industrial space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $21,575,360
    Hospitality
    $19,762,914
    Educational
    $16,442,513
    Medical
    $17,007,996
    Retail
    $25,577,242
1353 130, Orem, Utah

Location Insight

City
Orem
County
Utah
State
Utah
Latitude
40.2949
Longitude
-111.727
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
2023
$5,418
-
-
$712,100
-
$663,500
$48,600
$712,100

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