Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    542 N Ml Rd Orem, UT

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space anchored by Larry H. Miller megaplex theater.

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

    Property Features for 542 N Ml Rd

    General Information

    Size
    11,000 SF
    Lot size
    3.13 Acres

    Source: Colliers | Salt Lake City Millrock Agent Lori Coburn

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

    Overview

    Retail Space Near UVU Expansion

    This retail space is anchored by a strong performing Larry H. Miller megaplex theater. The property is located across the street from the planned UVU expansion, offering potential for increased traffic and visibility. It provides easy access to I-15. The surrounding area is recognized as one of the fastest-growing residential communities in the state of Utah. The property size is 11000 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Coinstar Kiosk Bitcoin Enabled, Agencia, Coinstar Kiosk | Bitcoin ATM

    Map

    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.7018452
    Latitude
    40.3150359

    Nearby Similar for Lease

    • Contact for pricing
      42,689 SF

      Orem Warehouse Space Available

      Versatile warehouse space for lease in Orem, Utah.
      388 S Commerce Loop, Orem, UT 84057
      View Details
    • Contact for pricing
      42,689 SF

      Orem Warehouse in Industrial Corridor

      Versatile warehouse space with office, dock-high, and ground-level doors.
      376 S Commerce Loop, Orem, UT 84058
      View Details
    • $1,200,000
      18,731 SF

      Remodeled Commercial Building in Orem

      Remodeled commercial building suitable for office, medical, retail, or school.
      536 S State St E, Orem, UT 84058
      View Details
    • Contact for pricing
      70,132 SF

      Renovated Retail Spaces Available

      Three newly renovated retail spaces available for lease in Orem.
      1160 S State St, Orem, UT 84097
      View Details
    • Contact for pricing
      16,659 SF

      Orem Office Park with Amenities

      Office space in a park-like setting with many amenities.
      701-749 Timpanogos Pkwy, Orem, UT 84097
      View Details
    • Contact for pricing
      100,000 SF

      The Forge at Geneva: Retail Spaces

      Prime Utah County Retail, Multiple Options Available
      800 Geneva Rd, Orem, UT 84057
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space anchored by Larry H. Miller megaplex theater.
    Where is this shopping center located?
    The property is located at 542 N Ml Rd Orem, UT.
    What are key features of this property?
    This property features: - Anchored by a strong performing Larry H. Miller Megaplex theater; - Located across the street from the planned UVU expansion; - Easy access to I-15
    (801) 947-8300
    Request Owner's contact information
    542 N Ml Rd Orem, UT
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    542 N Ml Rd
    Orem, UT
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    542 N Ml Rd Orem, UT
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.