Office Building with Parking
For Sale
Contact for pricing
272 W 200 N, Lindon, UT 84042
Centrally located office property with dedicated garage space for parking or storage.
Property Size11,702 SF
Price / SF$204.24
Days on Market196
Property Features for 272 W 200 N
General Information
Standard status
Active
Size
11,702 SF
Property subtype
OFFICE
Listing Agency:
Colliers | Utah County
(801) 610-1300
Listed By:
Brandon Huntsman
(801) 702-4695
Source:
Moodyscre
Added: Apr 16
Changed: Oct 25
Last Checked: Oct 28 at 10:16AM
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 | Utah County
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office property offers flexibility for an owner-user or a potential investment, with the ability for one to five tenants to occupy the space. A main-floor tenant is currently in place on a month-to-month basis. The property also includes a 1,169 SF garage that can support parking or storage needs.
The building is centrally located right off State Street in Lindon, UT, providing convenient access to the surrounding area.
For prospective tenants and buyers, the combination of multi-tenant potential, an existing month-to-month occupancy arrangement, and on-site garage space supports a practical approach to layout and operations.
The building is centrally located right off State Street in Lindon, UT, providing convenient access to the surrounding area.
For prospective tenants and buyers, the combination of multi-tenant potential, an existing month-to-month occupancy arrangement, and on-site garage space supports a practical approach to layout and operations.
Key Highlights
- Office property centrally located right off State Street in Lindon
- Main floor has an existing month‑to‑month tenant
- Potential for one to five tenants to occupy the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$164,296
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,285,920
$3.3M
Cap Rate 7%
$2,347,086
$2.3M
Cap Rate 9%
$1,825,511
$1.8M
Market Conditions
NOI Build-Up for 11,702 SF
Gross rent
$280.8K $24.00/SF
− Vacancy
−$61.8K −$5.28/SF
EGI
$219.1K $18.72/SF
− OpEx
−$54.8K −$4.68/SF
NOI
$164.3K $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%
$3,285,920
Cap Rate 7%
$2,347,086
Cap Rate 9%
$1,825,511
Alternative Uses
Best Use
Office B
$2.35M
$2.05M – $2.74M
NOI $164,296 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.23M
$2.82M – $3.76M
NOI $225,802 @ 7.0% cap · market cap 9.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
Explore this area
Business Placement
Demographics for 84042, UT
11,330
Population
3,349
Households
3.4
Avg Household Size
31
Median Age
46%
College-Educated
97%
High-School Grad
7.9 sq mi
ZIP Area
1,434
Density / Sq Mi
$104,840
Median Household Income
$38,772
Median Earnings
$1,502
Median Rent
$639,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Centrally located office property with dedicated garage space for parking or storage.
Where is this office unit located?
The property is located at 272 W 200 N Lindon, UT.
What is the asking price?
The asking price for this property is $2,390,000.
What are key features of this property?
This property features: Office property centrally located right off State Street in Lindon; Main floor has an existing month‑to‑month tenant; Potential for one to five tenants to occupy the property
