1555 Canyon RdProvo, UT 84604
- Hospitality properties
- 78,718 SF
Property Details for 1555 Canyon Rd
- Year built
- 1990
- Lot size
- 1.91 AC
- Property size (Sq ft)
- 78,718 SF
- Property type
- Hospitality properties
- Property subtype
- Hotels
- APN
- 19-071-0062
- APU
- 190710062
Description
This exceptional 571-square-foot retail space is ideally situated at 1555 N Canyon Rd in Provo, Utah, within Utah County. The property is categorized as a single-tenant commercial building, offering a fantastic opportunity for a business seeking a well-located and readily available space. The entire 571 square feet is currently vacant, presenting a blank canvas for a new tenant to customize and develop. The property's address is easily accessible and visible, ensuring high visibility for any business operating from this location. The zip code is 84604. This location offers a unique opportunity for businesses looking to establish a presence in a thriving Provo community. The property type is retail, and the building is classified as commercial. The property is available for lease and presents a significant opportunity for a business seeking a convenient and well-positioned space in a desirable area of Provo. The property's geographic coordinates are latitude 40.2550048 and longitude -111.6567101. This single-tenant space provides a focused and efficient layout, ideal for a variety of retail businesses. The property's size makes it suitable for a range of uses, from smaller boutiques to specialized service providers. The vacant status allows for immediate occupancy and customization to meet specific business needs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $23,853,476
- 6.5%
- $22,018,592
- 7%
- $20,445,836
-
Comparable approach
- Method
- Valuation
- Relative Method
- $37,062,204
- Geo Method
- $37,062,204
-
Alternative Use
- Use
- Valuation
- Residential
- $24,037,906
- Hospitality
- $22,018,592
- Educational
- $18,319,210
- Medical
- $18,949,236
- Retail
- $28,496,550
Location Insight
- City
- Provo
- County
- Utah
- State
- Utah
- Latitude
- 40.2551
- Longitude
- -111.657
- CBSA code
- 39340
- CBSA name
- PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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