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    40-64 W Center St Orem, UT 84057

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    For Lease
    Contact for pricing

    Retail space in Orem, Utah, with high traffic volume.

    Property size:
    18,045 SF
    Lot size:
    6.29 Acres

    Property Features for 40-64 W Center St

    General Information

    Size
    18,045 SF
    Lot size
    6.29 Acres

    Source: Mountain West - Corporate Agent Andy Moffitt

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

    Overview

    Retail Space in High-Traffic Center

    This retail space is located within a high-traffic shopping center at the intersection of Center Street and State Street in Orem, Utah. The center benefits from a traffic volume of over 80,000 vehicles at the hard corner intersection and an Average Daily Traffic (ADT) count of 51,701 on State Street. The property is shadow-anchored by the largest Target store in Orem and features a mix of big box retailers and national Quick Service Restaurants (QSR). The available space measures 18,045 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.6968111
    Latitude
    40.2979574

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    FAQs

    What type of property is this?
    Shopping center - Retail space in Orem, Utah, with high traffic volume.
    Where is this shopping center located?
    The property is located at 40-64 W Center St Orem, UT.
    What are key features of this property?
    This property features: - High Traffic Location: 80,000 ADT at the hard corner intersection.; - Shadow Anchored by the Largest Target in Orem.; - Located at the Intersection of Center Street & State Street in Orem.
    (801) 456-8800
    Request Owner's contact information
    40-64 W Center St Orem, UT 84057
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    Orem, UT 84057
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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
    40-64 W Center St Orem, UT 84057
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