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    555 W State Rd, Unit 164 Salem, UT 84653

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    For Lease
    $20 SF/Yr

    Second generation pharmacy and shell space in growing Utah County.

    Property size:
    92,323 SF
    Lot size:
    92,323 SF

    Property Features for 555 W State Rd

    General Information

    Size
    92,323 SF

    Building Details

    Year built
    2016

    Source: Zachary Hatch Agent Zachary Hatch

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

    Overview

    Pharmacy and Retail Space Available

    Existing second generation pharmacy space is available, along with shell space. The property offers up to 11,000 square feet. It is situated in one of the fastest growing areas in Utah County. The property is suitable for office space, retail, drug stores, and individual retail purposes.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Salem
    County
    Utah
    State
    Utah
    Longitude
    -111.554
    Latitude
    39.9788

    Nearby Similar for Lease

    • Contact for pricing
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      Salem Retail Pad - Prime Location

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    • $32 SF/Yr
      11,000 SF

      Available Pharmacy and Retail Space

      Up to 11,000 SF available in fast-growing Utah County.
      555 W State Rd, Salem, UT
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space For Lease

      Retail space available in Salem, UT, anchored by national tenants.
      870 Hwy N, Salem, UT
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    FAQs

    What type of property is this?
    Office space - Second generation pharmacy and shell space in growing Utah County.
    Where is this office space located?
    The property is located at 555 W State Rd, Unit 164 Salem, UT.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Located in one of the fastest growing areas in Utah County; - Up to **11,000 feet available**; - Existing **second generation pharmacy space**
    (801) 341-1991
    Request Owner's contact information
    555 W State Rd, Unit 164 Salem, UT 84653
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    Salem, UT 84653
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    555 W State Rd, Unit 164 Salem, UT 84653
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