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 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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