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    614 N Ml Rd Orem, UT

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    For Lease
    $37 SF/Yr

    Retail space anchored by Larry H. Miller megaplex theater.

    Property size:
    7,460 SF
    Lot size:
    1.00 Acres

    Property Features for 614 N Ml Rd

    General Information

    Size
    7,460 SF
    Lot size
    1.00 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. Situated in one of the fastest-growing residential communities in the state of Utah, this location presents a promising opportunity for businesses seeking to establish or expand their presence in a dynamic and expanding market. The property offers 7,460 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Retail space

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    Map

    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.7018452
    Latitude
    40.3150359

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    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 614 N Ml Rd Orem, UT.
    What is the lease rate?
    The lease rate is $37 SF/Yr.
    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
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    614 N Ml Rd Orem, UT
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    Orem, 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
    614 N Ml Rd Orem, UT
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