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Flex Warehouse with Office

262 South 671 West Pleasant Grove, UT 84062

262 South 671 West, Pleasant Grove, UT, 84062
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For Sale
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Flex warehouse with office component offers 22' clear height and a 12' x 14' grade-level door.

Property Size3,455 SF
Price / SF$250
Days on Market78

Property Features for 262 South 671 West

General Information

Standard status
Active
Size
3,455 SF
Property subtype
Industrial

Building Details

Year Built
1999
Listing agency Colliers - Pleasant Grove - Utah County, Utah
Listed by David Heninger · License #UT 927382-AB00
Source Crexi
Added: May 6 Updated: Jul 22 at 3:10PM Checked: Jul 22 at 3:10PM

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


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.

Key Highlights

  • 3,455 SF flex/warehouse with office component
  • 22' clear height for warehouse use
  • 12' x 14' grade‑level door

Local Financial Insights For Warehouse

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 $41.5k $12.00
− Vacancy −$2.2k −$0.62
EGI $39.3k $11.38
− OpEx −$5.9k −$1.71
NOI $33.4k $9.67
3,455 SF · lease $12.00/SF/yr · vacancy 5.20% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$477.3K
$417.6K – $556.8K (±1% cap)
NOI $33,408 @ 7.0% cap · market cap 3.87%
Second Best
Industrial
$393.0K
$343.9K – $458.6K (±1% cap)
NOI $27,513 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$952.4K
$833.4K – $1.11M (±1% cap)
NOI $66,668 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Building Supply Pharmacy Big Box & Wholesale Store Auto Repair Shop Skin Care Clinic

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

FAQs

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
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