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Mixed-Use Office and Warehouse
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111-115 Geneva Rd, Vineyard, UT 84058

Combined office and warehouse improvements include executive offices, flexible work areas, and functional industrial space.

Property Size11,579 SF
Price / SF$0.64
Days on Market48

Property Features for 111-115 Geneva Rd

General Information

Standard status Active
Size 11,579 SF
Property subtype Industrial

Warehouse & Industrial

Clear Height 20 ft
Clear Span Yes
Warehouse Space 7,766 SF
Office Build-Out 3,813 SF
Mezzanine 161 SF
Drive-In Doors 7
Three-Phase Power Yes

Building Details

Buildings 2
Listing Agency: Pleasant Grove
Listed By: Dan Ford
Source: Colliers
Added: Sep 11 Changed: Oct 26 Last Checked: Oct 28 at 4:38AM

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 Pleasant Grove

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property combines office and warehouse improvements at 111-115 Geneva Rd in Vineyard, Utah. The warehouse contains 11,579 square feet, including 3,813 square feet of office area and 7,766 square feet of warehouse space. Its industrial features include 20-foot clear height, 3-phase power, seven ground-level doors, free-span space, and a 161-square-foot mezzanine.

The adjoining office building totals 7,448 square feet across two floors. The first floor provides one suite and eight private executive offices, while the second floor contains three suites. An apartment is also identified at the northwest corner of the warehouse.

Key Highlights

  • 11,579 SF warehouse building with 3,813 SF of office and 7,766 SF of warehouse space
  • 7,448 SF office building with one first‑floor suite and eight private executive offices
  • Second floor includes 3 suites

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$101,606
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,032,120 $2.0M
Cap Rate 7%
$1,451,514 $1.5M
Cap Rate 9%
$1,128,956 $1.1M
Market Conditions
NOI Build-Up for 11,579 SF
Gross rent
$180.6K $15.60/SF
− Vacancy
−$18.1K −$1.56/SF
EGI
$162.6K $14.04/SF
− OpEx
−$61.0K −$5.27/SF
NOI
$101.6K $8.77/SF
Area
Utah County, UT
Vacancy
10.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,032,120
Cap Rate 7%
$1,451,514
Cap Rate 9%
$1,128,956

Alternative Uses

Best Use
Office B
$2.32M
$2.03M – $2.71M (±1% cap)
NOI $162,569 @ 7.0% cap · market cap 2,182.72%
Second Best
Warehouse
$1.60M
$1.40M – $1.87M (±1% cap)
NOI $111,964 @ 7.0% cap · market cap 1,503.28%
Theoretical Best
Office A
$3.19M
$2.79M – $3.72M (±1% cap)
NOI $223,428 @ 7.0% cap · market cap 2,999.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Hotel & Motel Food Market Barber Shop Veterinary Clinic (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
7
Drive-in doors

Location Intelligence

Trade Area within ½ mile

781
Businesses Nearby

Demographics for 84058, UT

33,734
Population
11,749
Households
2.9
Avg Household Size
26
Median Age
41%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
4,217
Density / Sq Mi
$71,474
Median Household Income
$27,325
Median Earnings
$1,395
Median Rent
$441,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Combined office and warehouse improvements include executive offices, flexible work areas, and functional industrial space.
Where is this mixed-use property located?
The property is located at 111-115 Geneva Rd Vineyard, UT.
What are key features of this property?
This property features: 11,579 SF warehouse building with 3,813 SF of office and 7,766 SF of warehouse space; 7,448 SF office building with one first‑floor suite and eight private executive offices; Second floor includes 3 suites
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