5252 Edgewood DrProvo, UT 84604

Property Details for 5252 Edgewood Dr

Year built

1994

Lot size

4.29 AC

Property size (Sq ft)

65,017 SF

Property type

Office properties

Property subtype

Office buildings

APN

51-318-0005

APU

513180005

Description

Riverwoods II, located at 5252 N Edgewood Dr in Provo, Utah, presents a unique opportunity for businesses seeking premium office space. This Class A, three-story building offers 65,017 square feet of total space, with 4,237 square feet currently available for lease. The building boasts a desirable executive office and professional subtype, perfect for companies seeking a prestigious address. Built in 1994, Riverwoods II sits on a 4.29-acre lot in the Provo submarket of Utah County, providing ample parking with a ratio of 5 spaces per 1000 square feet. The property is characterized by its multiple tenancy structure, indicating a diverse and thriving business community. The convenient location in Provo, zip code 84604, offers easy access to local amenities and transportation networks. This exceptional office space provides a sophisticated and functional environment for businesses of all sizes. The available 4,237 square feet presents a blank canvas for customization, allowing businesses to design their ideal workspace. Don't miss this chance to secure your company's future in this prime Provo location.

• CAP approach

  CAP return

  Valuation

  6%

  $17,345,568

  6.5%

  $16,011,294

  7%

  $14,867,630

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,026,156

  Geo Method

  $13,026,156

• Alternative Use

  Use

  Valuation

  Residential

  $19,854,004

  Hospitality

  $18,186,162

  Educational

  $15,130,673

  Medical

  $15,651,040

  Retail

  $23,536,602

Location Insight

City

Provo

County

Utah

State

Utah

Latitude

40.3036

Longitude

-111.657

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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