Downtown Mixed-Use Redevelopment
140 N 100 E American Fork, UT 84003
140 N 100 E, American Fork, UT, 84003
Contact for pricing
For Sale
Contact for pricing
Combined office building plus adjacent vacant land under CC-1 Central Commercial zoning in American Fork’s downtown core.
Property Size4,293 SF
Lot Size0.62 Acres
Price / SF$349.41
Days on Market36
Property Features for 140 N 100 E
General Information
- Standard status
- Active
- Size
- 4,293 SF
- Lot size
- 0.62 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1975
Listing agency
40 North Real Estate - Bryant Bishop - Intelligence
Listed by
Bryant Bishop · License #5507982-PB00
Source
Crexi
Added: Jun 17 Updated: Jul 22 at 3:54AM Checked: Jul 22 at 3:54AM
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 40 North Real Estate - Bryant Bishop - Intelligence
Investment Insights
Based on property information with market context.
The offering includes two adjacent parcels conveyed together, anchored by a 4,293 SF office building constructed in 1975 with 2,557 SF on the main level and 1,736 SF of finished basement space. The existing site also includes 25 surface parking stalls. The second parcel is vacant land, providing flexibility for phased development or full-site redevelopment while the existing structure remains available for owner-user occupancy or interim lease income.
Both parcels are located on the east side of 100 East between 100 North and 200 North in American Fork’s downtown core, and are zoned CC-1 Central Commercial. This zoning classification permits a broad range of uses including retail, office, restaurant, hotel, theater, and higher-density residential above ground-floor commercial. The property is approximately 1.5 blocks north of State Street and about 1.2 miles from I-15 access. The FrontRunner commuter rail station is approximately 1.8 miles away, and nearby traffic counts are reported to exceed 21,000 VPD.
Interested buyers should review and verify zoning, permitted uses, development standards, and material facts with American Fork City Planning.
Both parcels are located on the east side of 100 East between 100 North and 200 North in American Fork’s downtown core, and are zoned CC-1 Central Commercial. This zoning classification permits a broad range of uses including retail, office, restaurant, hotel, theater, and higher-density residential above ground-floor commercial. The property is approximately 1.5 blocks north of State Street and about 1.2 miles from I-15 access. The FrontRunner commuter rail station is approximately 1.8 miles away, and nearby traffic counts are reported to exceed 21,000 VPD.
Interested buyers should review and verify zoning, permitted uses, development standards, and material facts with American Fork City Planning.
Key Highlights
- CC‑1 Central Commercial downtown zoning permits retail, office, restaurant, hotel, theater, and higher‑density residential above ground‑floor commercial.
- Offered together: 140 N 100 E plus adjacent 126 N 100 E totaling approx. 0.62 acres (27,007 SF) on the east side of 100 East between 100 N and 200 N.
- Primary parcel includes a 4,293 SF office building built in 1975 (2,557 SF main level + 1,736 SF finished basement).
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.0k | $24.00 |
| − Vacancy | −$22.7k | −$5.28 |
| EGI | $80.4k | $18.72 |
| − OpEx | −$20.1k | −$4.68 |
| NOI | $60.3k | $14.04 |
4,293 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$861.1K
$753.4K – $1.00M
NOI $60,274 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M
NOI $82,838 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Combined office building plus adjacent vacant land under CC-1 Central Commercial zoning in American Fork’s downtown core.
Where is this office building located?
The property is located at 140 N 100 E American Fork, UT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: CC‑1 Central Commercial downtown zoning permits retail, office, restaurant, hotel, theater, and higher‑density residential above ground‑floor commercial.; Offered together: 140 N 100 E plus adjacent 126 N 100 E totaling approx. 0.62 acres (27,007 SF) on the east side of 100 East between 100 N and 200 N.; Primary parcel includes a 4,293 SF office building built in 1975 (2,557 SF main level + 1,736 SF finished basement).
