Main-Level Office
New
For Sale
Contact for pricing
1086 N 450 W, Springville, UT 84663
A 1,200-square-foot office suite is available for sale or lease on the main level.
Property Size1,200 SF
Price / SF$250
Days on Market4
Property Features for 1086 N 450 W
General Information
Standard status
Active
Size
1,200 SF
Property subtype
OFFICE
Additional Details
Floor
Main Level
Listing Agency:
Colliers | Utah County
(801) 610-1300
Listed By:
James Yeates
(801) 702-4687
Source:
Moodyscre
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 14 at 10:06PM
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 Colliers | Utah County
Investment Insights
Based on property information with market context.
Three office units are available at 1086 N 450 W in Springville. Main-level Units 109 and 110 each contain approximately 1,200 SF and are offered for sale or lease. Second-level Unit 202 also measures approximately 1,200 SF and is available for lease. All three units are available immediately.
Key Highlights
- Two main‑level office units, each approximately 1,200 SF
- Second‑level office unit measuring approximately 1,200 SF
- All three units available immediately
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,848
Cap Rate
5.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,960
$337.0K
Cap Rate 7%
$240,686
$240.7K
Cap Rate 9%
$187,200
$187.2K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$28.8K $24.00/SF
− Vacancy
−$6.3K −$5.28/SF
EGI
$22.5K $18.72/SF
− OpEx
−$5.6K −$4.68/SF
NOI
$16.8K $14.04/SF
Area
Utah County, UT
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,960
Cap Rate 7%
$240,686
Cap Rate 9%
$187,200
Alternative Uses
Best Use
Office B
$240.7K
$210.6K – $280.8K
NOI $16,848 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.8K
$289.4K – $385.9K
NOI $23,155 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
Explore this area
Business Placement
Demographics for 84663, UT
35,647
Population
11,025
Households
3.2
Avg Household Size
29
Median Age
39%
College-Educated
95%
High-School Grad
109.7 sq mi
ZIP Area
325
Density / Sq Mi
$88,919
Median Household Income
$39,439
Median Earnings
$1,475
Median Rent
$430,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - A 1,200-square-foot office suite is available for sale or lease on the main level.
Where is this office units located?
The property is located at 1086 N 450 W Springville, UT.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two main‑level office units, each approximately 1,200 SF; Second‑level office unit measuring approximately 1,200 SF; All three units available immediately
