1667 State StOrem, UT 84057

Property Details for 1667 State St

Year built

1998

Lot size

0.06 AC

Property size (Sq ft)

2,502 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

36-767-0006

APU

367670006

Description

This exceptional 2,500-square-foot commercial property, located at 1667 North State Street in Orem, Utah, presents a fantastic opportunity for a single-tenant retail or restaurant business. The entire space is currently vacant, offering immediate occupancy for a prospective tenant. Situated in Utah County, this property boasts a highly desirable location with excellent visibility and accessibility. The building features a robust 400-amp 3-phase electrical service, ensuring ample power for a variety of business needs. The property's single-tenant occupancy provides a unique opportunity for a business seeking a dedicated and spacious location. With its strategic location in Orem, this property offers convenient access to a thriving community and a strong customer base. The 2,500 square feet of available space provides ample room for a variety of retail or restaurant concepts. The property's address is 1667 North State Street, Orem, UT 84057. This is a rare opportunity to secure a prime commercial space in a high-demand area. The property is ready for immediate occupancy, allowing businesses to quickly establish their presence and begin operations. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers. The property's location provides easy access to major transportation routes and a dense population center. This makes it an ideal location for businesses seeking high visibility and convenient access for customers.

• CAP approach

  CAP return

  Valuation

  6%

  $976,625

  6.5%

  $901,500

  7%

  $837,107

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,263,215

  Geo Method

  $1,263,215

• Alternative Use

  Use

  Valuation

  Residential

  $760,449

  Hospitality

  $696,567

  Educational

  $579,536

  Medical

  $599,467

  Retail

  $901,500

Location Insight

City

Orem

County

Utah

State

Utah

Latitude

40.3277

Longitude

-111.709

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].