85 Bay BlvdProvo, UT 84606

  • Industrial properties
  • 41,253 SF
For Lease
$144/SF/YR View listing

Property Details for 85 Bay Blvd

Year built
1987
Lot size
2.46 AC
Property size (Sq ft)
41,253 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
38-102-0008
APU
381020008

Description

This exceptional 42,000-square-foot warehouse, built in 1987, presents a significant opportunity. Situated on a 2.46-acre lot, the property boasts a versatile layout perfect for various industrial uses. The building features impressive ceiling heights ranging from 12 to 20 feet, providing ample vertical space for storage or specialized equipment. Loading and unloading are efficient with two dock-high doors equipped with levelers, complemented by two grade-level doors. Ample parking is available with 70 stalls. The warehouse is equipped with a wet sprinkler system for fire protection and benefits from three-phase, 540-amp, 160-volt power. The property is zoned PIC – Provo City Planned Industrial Commercial, ensuring flexibility for a range of businesses. Its central location offers convenient access to numerous amenities and enjoys immediate proximity to the University Avenue I-15 interchange, providing excellent transportation links. The asking price is $7,500,000 ($178.57 per square foot), representing a compelling investment opportunity. The property includes an owner-occupied showroom.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,597,353
    Hospitality
    $11,539,107
    Educational
    $9,600,402
    Medical
    $9,930,574
    Retail
    $14,933,958
85 Bay Blvd, Provo, Utah

Location Insight

City
Provo
County
Utah
State
Utah
Latitude
40.2151
Longitude
-111.657
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
$56,811
-
-
$5,592,200
-
$1,780,700
$3,811,500
$5,592,200

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