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    518 Commerce Rd Orem, UT 84058

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    For Lease
    $1.50 SF/Yr

    Flex space with easy access, available August 2025.

    Property size:
    3,550 SF
    Lot size:
    0.08 Acres

    Property Features for 518 Commerce Rd

    General Information

    Size
    3,550 SF
    Lot size
    0.08 Acres

    Source: Colliers | Utah County Agent James Yeates

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

    Overview

    Orem Flex Space Available

    This flex space property offers a total of 3,550 square feet, including 2,550 square feet on the main floor and 1,000 square feet on the second floor. It features one grade-level door and 3-phase power. The property provides convenient access to I-15 and Geneva Road. It will be available for lease starting August 1, 2025, at a rate of $1.50 per square foot on a NNN basis.
    Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

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

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

    Similar Places Nearby

    UVU Catering

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.7275592
    Latitude
    40.2877583

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    FAQs

    What type of property is this?
    Flex space - Flex space with easy access, available August 2025.
    Where is this flex space located?
    The property is located at 518 Commerce Rd Orem, UT.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to I-15 & Geneva Road; - **3,550 Total SF** (Main Floor: 2,550 SF, Second Floor: 1,000 SF); - 3 Phase Power
    (801) 610-1300
    Request Owner's contact information
    518 Commerce Rd Orem, UT 84058
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    Orem, UT 84058
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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
    518 Commerce Rd Orem, UT 84058
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