1455-1481 S State Street, Orem, UT 84097
15,793 SqFt office building available in Orem, Utah.
- Added:
- Feb 25, 2026
- Days on Market:
- 106
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 1455-1481 S State Street
General Information
- Standard status
- Active
- Size
- 15,793 SF
- Property subtype
- Office
Building Details
- Year Built
- 1968
Listing agent Bill Street License #9493678-SA00
Listing office Summit Commercial Advisors (385) 233-9416
Listing date Feb 25, 2026
Source Crexi
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 Summit Commercial Advisors
HighLights
- Office property available
- 15,793 SqFt of space
- Built in 1968
Overview
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 | $379.0k | $24.00 |
| − Vacancy | −$83.4k | −$5.28 |
| EGI | $295.6k | $18.72 |
| − OpEx | −$73.9k | −$4.68 |
| NOI | $221.7k | $14.04 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Orem
- County
- Utah
- State
- Utah
- Longitude
- -111.6827696
- Latitude
- 40.2705592
