Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Spanish Fork Flex Space Available Title is generated by Realmo AI

    184 W 1400 N, Spanish Fork, UT 84660

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.00 SF/Yr $249/Mo (calc)

    Flex space in Spanish Fork with office and warehouse areas.

    Property size:
    2,995 SF
    Added:
    May 15, 2026
    Days on Market:
    13
    Last Refresh:
    May 18 at 7:30 am

    Property Features for 184 W 1400 N

    General Information

    Standard status
    Active
    Size
    2,995 SF

    We can help!

    Listing Contact
    Skyler Peterson

    Listing agent Skyler Peterson License #6991009

    Listing office Legend Commercial, LLC

    Listing date May 15, 2026

    Source Exprealty

    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 Legend Commercial, LLC

    HighLights

    • Great freeway access: Conveniently located one mile from I‑15 (Exit 257).
    • Light industrial zoning (I‑1) suitable for a variety of business uses.
    • Warehouse Space: 2,687 SF of warehouse area with a 14'-19' clear height.
    • One (1) 14'x14' grade level door for easy loading/unloading.
    • 2,995 SF unit includes both office (308 SF) and warehouse space.
    • Power: 200 Amp / 120V 3‑Phase / 4‑Wire electrical service.

    Overview

    This flex space is located in the desirable Spanish Fork submarket, offering convenient freeway access approximately one mile from I-15 via Exit 257. The available unit provides a total of 2,995 square feet, including 308 square feet of office space and 2,687 square feet of warehouse space. The warehouse features one 14'x14' grade-level door, clear heights ranging from 14 to 19 feet, and a mop sink. The building has gas forced heaters and is a free-span structure. Power is supplied by a 200 amp, 120V 3-phase, 4-wire system. The property is zoned I-1 (Light Industrial).
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Schools Public Food Services — 1175 Flonette Ave, Spanish Fork, UT 84660

    Location Insight

    • Map
    • Local Demand
    City
    Spanish Fork
    County
    Utah
    State
    Utah
    Longitude
    -111.6319853
    Latitude
    40.1075501

    Nearby Similar for Lease

    • $1,900/Mo
      1,900 SF

      Spanish Fork Flex Space Available

      Flex space with office and warehouse, close to I-15.
      826 N 100 E, Spanish Fork, UT 84660
      View Details
    • $1,900/Mo
      1,900 SF

      Flex Space Near I-15

      1,900 SF flex space with warehouse and office components.
      175 E 800 N, Spanish Fork, UT 84660
      View Details
    • $1.35 SF/Yr
      71,641 SF

      Warehouse Space in Canyon Creek

      Newly completed and pre-lease warehouse spaces available.
      1950 Canyon Creek Pkwy, Spanish Fork, UT
      View Details
    • $32 SF/Yr

      Office Space Available For Lease

      Office property available for lease.
      972 N 600 E , Spanish Fork, UT 84660
      View Details
    • Contact for pricing
      80,129 SF

      Industrial Space Near Spanish Fork Airport

      New industrial space available for pre-lease near Spanish Fork Airport.
      2453 N 700 W St, Spanish Fork, UT
      View Details
    • $1.00 SF/Yr
      6,319 SF

      Retail and Warehouse Space Available

      Retail and warehouse space with ample parking for lease.
      55 E 100 N, Spanish Fork, UT
      View Details
    • $25 SF/Yr
      3,019 SF

      Renovated Office Space for Rent

      Office space for rent in renovated building with historical charm.
      111 E 300 S, Spanish Fork, UT
      View Details
    • Contact for pricing

      New Construction Industrial/Flex Space

      New construction industrial/flex space available for rent.
      3544 N Main St, Spanish Fork, UT 84660
      View Details
    • Contact for pricing
      8,995 SF

      Canyon Court Retail Space Available

      Retail units available for rent at Canyon Court.
      2727 E 4000 N Spanish Fork UT 84660, Spanish Fork, UT 84660
      View Details
    • $0.70 SF/Yr
      70,875 SF

      Industrial Space with Highway Access

      70875 SF industrial property with immediate highway access.
      4000 E Hwy 6, Spanish Fork, UT
      View Details
    • Contact for pricing
      2,825 SF

      Industrial Single Tenant Space

      Industrial space available for rent, single tenant, 2,825 SqFt.
      3584 1150 W, Spanish Fork, UT 84660
      View Details
    • $10 SF/Yr

      Modern Logistics and Distribution Hub

      Largest spec industrial development in Utah County for lease.
      N 700 W St, Spanish Fork, UT 84660
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space in Spanish Fork with office and warehouse areas.
    Where is this flex space located?
    The property is located at 184 W 1400 N Spanish Fork, UT.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: Great freeway access: Conveniently located one mile from I‑15 (Exit 257).; Light industrial zoning (I‑1) suitable for a variety of business uses.; **Warehouse Space: 2,687 SF of warehouse area with a 14'-19' clear height.**
    (801) 656-7354
    We can help!
    Listing Contact
    Skyler Peterson
    Real Estate License ID: 6991009
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    184 W 1400 N, Spanish Fork, UT
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!