Class A Manufacturing
For Sale
$5,125,000
1353 W 130 S, Orem, UT 84058
Brand-new construction offers divisible space with M2 zoning for heavy manufacturing.
Property Size19,337 SF
Days on Market223
Property Features for 1353 W 130 S
General Information
Standard status
Active
Size
19,337 SF
Property subtype
Industrial
Building Details
Building Size
19,337 SF
Listing Agency:
Newmark | Salt Lake City
Listed By:
Kolby Long
(801) 907-5950
Source:
Nmrk
Added: Mar 7
Changed: Oct 10
Last Checked: Oct 16 at 6:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Salt Lake City
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Investment Insights
Based on property information with market context.
This brand-new Class A manufacturing facility provides 19,337 square feet of industrial space arranged for flexible occupancy. The building can be divided into four sections measuring approximately 4,600 to 5,400 square feet, with individual areas of 4,667 SF, 4,612 SF, 4,615 SF, and 5,443 SF. A 26-foot clear height and four ground-level doors support a range of manufacturing and industrial operations.
The property carries M2 zoning, with heavy manufacturing permitted. Interstate 15 is approximately one minute away, providing direct highway access for industrial users. Estimated completion is April 2025.
The property carries M2 zoning, with heavy manufacturing permitted. Interstate 15 is approximately one minute away, providing direct highway access for industrial users. Estimated completion is April 2025.
Key Highlights
- 19,337 SF total manufacturing building
- Four divisible sections ranging from approximately 4,600 to 5,400 SF
- 26’ clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,984
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,079,680
$3.1M
Cap Rate 7%
$2,199,771
$2.2M
Cap Rate 9%
$1,710,933
$1.7M
Market Conditions
NOI Build-Up for 19,337 SF
Gross rent
$232.0K $12.00/SF
− Vacancy
−$12.1K −$0.62/SF
EGI
$220.0K $11.38/SF
− OpEx
−$66.0K −$3.41/SF
NOI
$154.0K $7.96/SF
Area
Utah County, UT
Vacancy
5.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,079,680
Cap Rate 7%
$2,199,771
Cap Rate 9%
$1,710,933
Alternative Uses
Best Use
Industrial
$2.20M
$1.92M – $2.57M
NOI $153,984 @ 7.0% cap · market cap 3.00%
Second Best
Flex RnD
$1.87M
$1.64M – $2.19M
NOI $131,130 @ 7.0% cap · market cap 2.56%
Theoretical Best
Office A
$5.33M
$4.66M – $6.22M
NOI $373,127 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
917
Businesses Nearby
Explore this area
Business Placement
Demographics for 84058, UT
33,734
Population
11,749
Households
2.9
Avg Household Size
26
Median Age
41%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
4,217
Density / Sq Mi
$71,474
Median Household Income
$27,325
Median Earnings
$1,395
Median Rent
$441,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Brand-new construction offers divisible space with M2 zoning for heavy manufacturing.
Where is this manufacturing property located?
The property is located at 1353 W 130 S Orem, UT.
What is the asking price?
The asking price for this property is $5,125,000.
What are key features of this property?
This property features: 19,337 SF total manufacturing building; Four divisible sections ranging from approximately 4,600 to 5,400 SF; 26’ clear height
