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    Corner Office and Warehouse Unit Title is generated by Realmo AI

    1-2090 W 500 N, Springville, UT 84663

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    For Sale
    $1,950,000

    Mixed-use corner unit combines office space with a high-ceiling warehouse and garage door access.

    Property size:
    7,000 SF
    Price / SF:
    $278/SF
    Added:
    Mar 20, 2026
    Days on Market:
    111
    Last Refresh:
    Jul 8 at 5:06 am

    Property Features for 1-2090 W 500 N

    General Information

    Standard status
    Active
    Size
    7,000 SF

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    Heather Morley

    Listing office UPT Real Estate

    Listing date Mar 20, 2026

    Source Exprealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of UPT Real Estate

    HighLights

    • Corner unit with high visibility from the frontage road and I‑15 in Springville
    • Building size over 7,000 SF, with just over half designated as office space
    • Includes a high‑ceiling warehouse area
    • Warehouse has garage door access
    • Most furniture can be included with the sale with a good offer

    Overview

    This corner unit offers a combination of office space and warehouse area within a single building. The property includes more than half office use and a smaller high-ceiling warehouse portion with a garage door. According to the seller, most of the furniture can be included with a good offer.

    Located in Springville, the unit is described as having high visibility from the frontage road and I-15. Its configuration supports businesses that need both administrative space and straightforward warehouse/storage space in the same footprint.

    For tenants, buyers, or owner-operators looking for flex-style space, the layout provides a dedicated office component while maintaining a warehouse area suitable for activities that benefit from overhead height and garage door access. The corner positioning and frontage road visibility can also be helpful for uses that value customer or visitor recognition. Call for a tour to review the layout and determine how the space fits your operation.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $168.0k $24.00
    − Vacancy −$37.0k −$5.28
    EGI $131.0k $18.72
    − OpEx −$32.8k −$4.68
    NOI $98.3k $14.04
    7,000 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.40M
    $1.23M – $1.64M (±1% cap)
    NOI $98,280 @ 7.0% cap · market cap 5.04%
    Second Best
    Warehouse
    $967.0K
    $846.1K – $1.13M (±1% cap)
    NOI $67,687 @ 7.0% cap · market cap 3.47%
    Theoretical Best
    Office A
    $1.93M
    $1.69M – $2.25M (±1% cap)
    NOI $135,072 @ 7.0% cap · market cap 6.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Building Supply Auto Parts Store Parking Lot & Garage Hair Salon HVAC Service Cafe & Coffee Shop Barber Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • KINGDOM KITCHEN 801 — 151 S Main St, Springville, UT 84663
    • Utah Catering by Magleby's — 198 S Main St, Springville, UT 84663

    Location Insight

    • Map
    • Local Demand
    City
    Springville
    County
    Utah
    State
    Utah
    Longitude
    -111.609853
    Latitude
    40.159916

    FAQs

    What type of property is this?
    Flex space - Mixed-use corner unit combines office space with a high-ceiling warehouse and garage door access.
    Where is this flex space located?
    The property is located at 1-2090 W 500 N Springville, UT.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Corner unit with high visibility from the frontage road and I‑15 in Springville; Building size over 7,000 SF, with just over half designated as office space; Includes a high‑ceiling warehouse area
    More about this property
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