3325 University AveProvo, UT 84604

Property Details for 3325 University Ave

Year built

1990

Lot size

0.89 AC

Property size (Sq ft)

18,684 SF

Property type

Office properties

Property subtype

Office buildings

APN

43-037-0003

APU

430370003

Description

This exceptional three-story office building, situated at 3325 N University Ave in Provo, Utah, presents a fantastic leasing opportunity. The Jamestown Square - Clocktower Building, constructed in 1986, offers a total of 7,271 square feet of traditional office space, with a minimum divisible unit of 736 square feet and a maximum contiguous space of 3,280 square feet. Currently, 4,016 square feet is available for lease. The building is conveniently located in the Utah County Central submarket and sits on a 0.89-acre lot. Features include an elevator for easy access to all three floors. This property is ideal for businesses seeking flexible and well-located office space in Provo. The building's traditional office design provides a professional and functional environment. The address is easily accessible and offers ample visibility. The available space is adaptable to various business needs, making it a versatile option for companies of different sizes. The building's location within the Utah County Central submarket provides access to a thriving business community and convenient amenities. Interested parties are encouraged to inquire about leasing options and explore the possibilities this prime Provo office space offers. The zip code is 84604.

• CAP approach

  CAP return

  Valuation

  6%

  $4,984,630

  6.5%

  $4,601,196

  7%

  $4,272,540

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,743,340

  Geo Method

  $3,743,340

• Alternative Use

  Use

  Valuation

  Residential

  $5,705,484

  Hospitality

  $5,226,192

  Educational

  $4,348,131

  Medical

  $4,497,670

  Retail

  $6,763,759

Location Insight

City

Provo

County

Utah

State

Utah

Latitude

40.279

Longitude

-111.659

CBSA code

39340

CBSA name

PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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