Listing Agency: KW Westfield (Excellence) Show Phone

Listed By: JEREMY S CONGDON Show Phone

Source: Exprealty

Added: Apr 16 Changed: Oct 10 Last Checked: Oct 15 at 12:56AM

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Investment Insights

Based on property information with market context.

This office unit offers a flexible ownership structure for a business seeking to occupy its own workspace. The buyer may use the space for their business or retain the existing tenant and operate the property as an investment. The property is located at 202-686 E 110 S in American Fork, Utah. The reported cap rate is 5.9% and up, with the current lease described as low.

Key Highlights

• Flexible owner‑user or tenant‑retention strategy
• 5.9% cap rate and up
• Located at 202‑686 E 110 S, American Fork, UT

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Hotel & Motel Grocery & Convenience Store Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,125

Businesses Nearby

Explore this area Business Placement

Demographics for 84003, UT

52,970

Population

16,441

Households

3.2

Avg Household Size

29

Median Age

50%

College-Educated

96%

High-School Grad

73.6 sq mi

ZIP Area

720

Density / Sq Mi

$120,262

Median Household Income

$41,591

Median Earnings

$1,692

Median Rent

$580,600

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Office units - Office space supports either owner occupancy or continued use by an existing tenant.

Where is this office units located?

The property is located at 202-686 E 110 S American Fork, UT.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Flexible owner‑user or tenant‑retention strategy; 5.9% cap rate and up; Located at 202‑686 E 110 S, American Fork, UT