Industrial Flex Building with Grade-Level
1453 West 820 North, Provo, UT 84601
For Sale
Contact for pricing
MP zoning, substantial electrical capacity, and flexible space support a range of industrial operations.
Property Size19,760 SF
Lot Size1.03 Acres
Price / SF$177.13
Days on Market44
Property Features for 1453 West 820 North
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Warehouse & Industrial
Mezzanine
Drive-In Doors
Heavy Power
Additional Details
Property Use
Building Details
Building Size
Listing Agency:
cRc Nationwide
Listed By:
Jeremy Sieverts · License UT 14128211-SA00
(801) 617-1715
Source:
Crexi
Added: Sep 29
Changed: Nov 8
Last Checked: Nov 10 at 8:27AM
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 cRc Nationwide
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The industrial flex property comprises a 19,760-square-foot building with an approximately 800-square-foot mezzanine and four grade-level doors. Heavy power capacity and readiness for occupancy are additional building features. The site spans 1.03 acres and carries MP zoning.
Located at 1453 West 820 North in Provo, the property offers access to I-15.
Located at 1453 West 820 North in Provo, the property offers access to I-15.
Key Highlights
- 19,760 SF industrial/flex building
- Approximately 800 SF bonus mezzanine
- 1.03‑acre site with MP zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$225,258
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,505,160
$4.5M
Cap Rate 7%
$3,217,971
$3.2M
Cap Rate 9%
$2,502,867
$2.5M
Market Conditions
NOI Build-Up for 19,760 SF
Gross rent
$374.6K $18.96/SF
− Vacancy
−$28.1K −$1.42/SF
EGI
$346.6K $17.54/SF
− OpEx
−$121.3K −$6.14/SF
NOI
$225.3K $11.40/SF
Area
Provo, UT
Vacancy
7.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,505,160
Cap Rate 7%
$3,217,971
Cap Rate 9%
$2,502,867
Alternative Uses
Best Use
Flex RnD
$3.22M
$2.82M – $3.75M
NOI $225,258 @ 7.0% cap · market cap 6.44%
Second Best
Industrial
$1.84M
$1.61M – $2.15M
NOI $128,812 @ 7.0% cap · market cap 3.68%
Theoretical Best
Office A
$5.45M
$4.77M – $6.36M
NOI $381,482 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
264
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84601, UT
33,986
Population
11,673
Households
2.9
Avg Household Size
27
Median Age
33%
College-Educated
86%
High-School Grad
13.3 sq mi
ZIP Area
2,555
Density / Sq Mi
$64,758
Median Household Income
$30,548
Median Earnings
$1,173
Median Rent
$370,300
Median Home Value
Market
Average Price Trend$/SF for Flex space in Utah County, UT
Properties on Market for Flex space in Utah County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - MP zoning, substantial electrical capacity, and flexible space support a range of industrial operations.
Where is this flex space located?
The property is located at 1453 West 820 North Provo, UT.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 19,760 SF industrial/flex building; Approximately 800 SF bonus mezzanine; 1.03‑acre site with MP zoning
