1078 250Provo, UT 84606

Property Details for 1078 250

Year built

2000

Lot size

3.01 AC

Property size (Sq ft)

32,734 SF

Property type

Office properties

Property subtype

Office buildings

APN

38-499-0002

APU

384990002

Description

This exceptional investment opportunity presents a Class B, two-story office building located in Provo, Utah. The property, known as East Bay 250, boasts a total of 32,734 square feet, with 6,000 square feet currently available for lease. Situated at 1078 S 250 E, Provo, UT 84606 (APN 38:499:0002), this traditional office building offers multiple tenancy options, making it ideal for a variety of businesses. The building's convenient location in Utah County provides easy access to major transportation routes and local amenities. The property is a single building, offering a cohesive and efficient workspace. The available 6,000 square feet presents a significant opportunity for expansion or relocation. This is a rare chance to secure a well-maintained office space in a thriving Utah County market. The building's solid construction and functional layout provide a versatile space adaptable to various business needs. Interested parties are encouraged to inquire about lease terms and availability. Don't miss this chance to establish your business in this desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $8,732,993

  6.5%

  $8,061,224

  7%

  $7,485,422

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,558,257

  Geo Method

  $6,558,257

• Alternative Use

  Use

  Valuation

  Residential

  $9,995,918

  Hospitality

  $9,156,207

  Educational

  $7,617,857

  Medical

  $7,879,847

  Retail

  $11,850,000

Location Insight

City

Provo

County

Utah

State

Utah

Latitude

40.2195

Longitude

-111.655

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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