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    555 W State Rd, Unit 164 Salem, UT

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    For Lease
    $32 SF/Yr

    Up to 11,000 SF available in fast-growing Utah County.

    Property size:
    11,000 SF
    Lot size:
    8.97 Acres

    Property Features for 555 W State Rd

    General Information

    Size
    11,000 SF
    Lot size
    8.97 Acres

    Source: NAI Excel Agent Zach Hatch

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

    Overview

    Available Pharmacy and Retail Space

    This property offers existing second-generation pharmacy space and additional shell space. Up to 11,000 square feet are available for lease. The location is situated in one of the fastest-growing areas within Utah County, offering potential for various retail or office uses.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Utah
    State
    Utah
    Longitude
    -111.673536
    Latitude
    40.0530105

    Nearby Similar for Lease

    • Contact for pricing
      2,100 SF

      Salem Retail Pad - Prime Location

      Grocery-anchored retail space available.
      870 Sr 198, Salem, UT 84653
      View Details
    • $20 SF/Yr
      92,323 SF

      Pharmacy and Retail Space Available

      Second generation pharmacy and shell space in growing Utah County.
      555 W State Rd, Salem, UT 84653
      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
      View Details

    FAQs

    What type of property is this?
    Office space - Up to 11,000 SF available in fast-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 $32 SF/Yr.
    What are key features of this property?
    This property features: - Located in a fast-growing area of Utah County; - Up to **11,000 square feet available**; - Existing second-generation pharmacy space
    (435) 628-1609
    Request Owner's contact information
    555 W State Rd, Unit 164 Salem, UT
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    Salem, UT
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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
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