Flex Warehouse with
For Sale
Contact for pricing
Pending
262 South 671 West, Pleasant Grove, UT 84062
Flex warehouse with office component offers 22' clear height and a 12' x 14' grade-level door.
Property Size3,455 SF
Days on Market169
Property Features for 262 South 671 West
General Information
Standard status
Pending
Size
3,455 SF
Class
B
Property subtype
Industrial
Occupancy
100%
Investment Type
Owner/User
Warehouse & Industrial
Clear Height
22 ft
Drive-In Doors
1
Building Details
Year Built
1999
Buildings
1
Tenancy
Single
Listing Agency:
Colliers - Pleasant Grove - Utah County, Utah
Listed By:
David Heninger · License #UT 927382-AB00
Source:
Crexi
Added: May 6
Changed: Oct 6
Last Checked: Oct 20 at 9:20PM
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 Colliers - Pleasant Grove - Utah County, Utah
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Investment Insights
Based on property information with market context.
This flex warehouse property includes office space and a functional warehouse area, with 22' clear height for efficient storage and operations. Access is provided by a 12' x 14' grade-level door.
The property is located at 262 South 671 West in Pleasant Grove, Utah. It is currently tenanted through September 2026, supporting both owner-user planning and investment ownership goals.
With its combination of warehouse height, grade-level loading access, and on-site office component, the space is well suited for flexible light industrial or distribution-style uses where a dedicated office area is beneficial.
The property is located at 262 South 671 West in Pleasant Grove, Utah. It is currently tenanted through September 2026, supporting both owner-user planning and investment ownership goals.
With its combination of warehouse height, grade-level loading access, and on-site office component, the space is well suited for flexible light industrial or distribution-style uses where a dedicated office area is beneficial.
Key Highlights
- 3,455 SF flex/warehouse with office component
- 22' clear height for warehouse use
- 12' x 14' grade‑level door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,408
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,160
$668.2K
Cap Rate 7%
$477,257
$477.3K
Cap Rate 9%
$371,200
$371.2K
Market Conditions
NOI Build-Up for 3,455 SF
Gross rent
$41.5K $12.00/SF
− Vacancy
−$2.2K −$0.62/SF
EGI
$39.3K $11.38/SF
− OpEx
−$5.9K −$1.71/SF
NOI
$33.4K $9.67/SF
Area
Utah County, UT
Vacancy
5.20%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$668,160
Cap Rate 7%
$477,257
Cap Rate 9%
$371,200
Alternative Uses
Best Use
Warehouse
$477.3K
$417.6K – $556.8K
NOI $33,408 @ 7.0% cap · market cap 3.87%
Second Best
Industrial
$393.0K
$343.9K – $458.6K
NOI $27,513 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$952.4K
$833.4K – $1.11M
NOI $66,668 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
22 ft
Clear height
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84062, UT
47,771
Population
14,649
Households
3.3
Avg Household Size
28
Median Age
43%
College-Educated
96%
High-School Grad
50.7 sq mi
ZIP Area
942
Density / Sq Mi
$101,584
Median Household Income
$41,079
Median Earnings
$1,617
Median Rent
$479,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse with office component offers 22' clear height and a 12' x 14' grade-level door.
Where is this flex space located?
The property is located at 262 South 671 West Pleasant Grove, UT.
What is the asking price?
The asking price for this property is $863,750.
What are key features of this property?
This property features: 3,455 SF flex/warehouse with office component; 22' clear height for warehouse use; 12' x 14' grade‑level door
