Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    478 S Frontage Rd Springville, UT 84663

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial spaces for rent in Springville, Utah. 2,000 SqFt.

    Property Features for 478 S Frontage Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    2020

    We can help!

    Listing Contact
    John Blatter
    Source: Crexi

    Listing Agency: NAI Premier Listing Agent: John Blatter

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

    Learn more

    Overview

    Springville Industrial Spaces Available

    This commercial real estate offers industrial spaces available for rent. The property includes flex space, industrial properties, warehouses, office units, and office spaces. There are currently 3 spaces available, each offering 2,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Cory's Karate Sports School Lux Lights Electrical Service ShotLab Golf Course Desert's Best HVAC HVAC Service Lumin Arrow Hat Shop

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Springville
    County
    Utah
    State
    Utah
    Longitude
    -111.6511728
    Latitude
    40.1598213

    Nearby Similar for Lease

    • $1.05 SF/Yr
      40,653 SF

      Springville Warehouse with Office Space

      Warehouse space with offices available in Springville industrial park.
      2414 West 700 South, Springville, UT 84663
      View Details
    • Contact for pricing
      8,400 SF

      Modern Industrial Space Available

      Versatile industrial spaces with high ceilings and ample power.
      1290 N 1750 W, Springville, UT 84663
      View Details
    • Contact for pricing
      2,760 SF

      Flexible Warehouse Sublease in Springville

      Warehouse space available for short or long-term sublease.
      2322-2388 W 500 N, Springville, UT 84663
      View Details
    • $2,495 /Mo
      40,000 SF

      Industrial Space Near I-15

      Industrial property for rent located directly off of I-15.
      478 W Frontage Rd, Springville, UT 84663
      View Details
    • Contact for pricing
      1,345 SF

      Springville Warehouse with 3 Doors

      Industrial warehouse space available immediately off I-15.
      2499 W 700 S, Springville, UT 84663
      View Details
    • Contact for pricing
      3,150 SF

      Warehouse Space with Fenced Yard

      3,402 SF warehouse with loading dock and fenced yard.
      565 N Main St, Springville, UT 84663
      View Details
    • Contact for pricing
      6,750 SF

      Springville Warehouse Space Available

      6,750 SF warehouse space for lease in Springville, Utah.
      395 N 2000 W, Springville, UT 84664
      View Details
    • Contact for pricing
      9,000 SF

      Springville Flex/R&D Space Available

      Flex/R&D space for lease in Springville, Utah.
      2322 W 500 N, Springville, UT 84663
      View Details
    • Contact for pricing
      2,760 SF

      Flex/R&D Space in Springville

      Flex/R&D space available for lease in Springville, Utah.
      2424 W 500 N, Springville, UT 84663
      View Details
    • Contact for pricing
      1,588 SF

      Retail Space Near Freeway Access

      Retail space with quick freeway access and signage available.
      1795 W 500 S, Springville, UT 84663
      View Details
    • Contact for pricing
      2,217 SF

      Retail Space with Freeway Access

      Retail space available with convenient freeway access and established co-tenants.
      977 W 400 S, Springville, UT 84664
      View Details
    • Contact for pricing
      1,168 SF

      Retail and Apartment Building Space

      Retail and apartment units available for lease.
      655 S 1200 W, Springville, UT 84664
      View Details

    FAQs

    What type of property is this?
    Flex space - Industrial spaces for rent in Springville, Utah. 2,000 SqFt.
    Where is this flex space located?
    The property is located at 478 S Frontage Rd Springville, UT.
    What are key features of this property?
    This property features: - 2,000 SqFt of Industrial Space available.; - Three spaces available in this Industrial Property.; - Built in 2020.
    Request Owner's contact information
    478 S Frontage Rd Springville, UT 84663
    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.
    478 S Frontage Rd
    Springville, UT 84663
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    478 S Frontage Rd Springville, UT 84663
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    John Blatter
    Real Estate License ID: 10192513-SA00
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!