Updated Office Unit with Private
For Sale
$1,200,000
Pending
201-1443 W 800 N, Orem, UT 84058
Updated suite offers private offices, executive space, conference room, kitchen, and flexible break-room area.
Property Size2,700 SF
Days on Market91
Property Features for 201-1443 W 800 N
General Information
Standard status
Pending
Size
2,700 SF
Taxes and HOA fees
Annual Taxes
$6,078
Listing Agency:
Sky Realty
(801) 704-3445
Listed By:
Katie Perryman
(480) 628-1337
Source:
Exprealty
Added: Jul 8
Changed: Sep 23
Last Checked: Oct 5 at 10:17PM
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 Sky Realty
Investment Insights
Based on property information with market context.
This office unit at Vineyard Gateway Professional Center provides a combination of private rooms and shared work areas. Recent improvements include new flooring, fresh paint, and a kitchen area. The layout includes a large executive suite, a bullpen with 3 workstations, 7 personal offices, a conference room, and a spacious reception area. A second break room is also available and could be adapted into additional office space.
The suite is located at 201-1443 W 800 N in Orem, with proximity to I-15 and Utah City. Mountain views are visible from the office, and the property includes a second kitchen or break area to support daily operations. The configuration accommodates a range of office requirements while retaining room for future layout adjustments.
The suite is located at 201-1443 W 800 N in Orem, with proximity to I-15 and Utah City. Mountain views are visible from the office, and the property includes a second kitchen or break area to support daily operations. The configuration accommodates a range of office requirements while retaining room for future layout adjustments.
Key Highlights
- 2,700 sqft office suite in Vineyard Gateway Professional Center
- Recent updates include new flooring, paint, and a kitchen area
- Large executive suite, 7 personal offices, and bullpen with 3 workstations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,908
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,160
$758.2K
Cap Rate 7%
$541,543
$541.5K
Cap Rate 9%
$421,200
$421.2K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$64.8K $24.00/SF
− Vacancy
−$14.3K −$5.28/SF
EGI
$50.5K $18.72/SF
− OpEx
−$12.6K −$4.68/SF
NOI
$37.9K $14.04/SF
Area
Utah County, UT
Vacancy
22.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$758,160
Cap Rate 7%
$541,543
Cap Rate 9%
$421,200
Alternative Uses
Best Use
Office B
$541.5K
$473.9K – $631.8K
NOI $37,908 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$744.3K
$651.2K – $868.3K
NOI $52,099 @ 7.0% cap · market cap 4.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
593
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Updated suite offers private offices, executive space, conference room, kitchen, and flexible break-room area.
Where is this office units located?
The property is located at 201-1443 W 800 N Orem, UT.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,700 sqft office suite in Vineyard Gateway Professional Center; Recent updates include new flooring, paint, and a kitchen area; Large executive suite, 7 personal offices, and bullpen with 3 workstations
