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Medical Office Suite with Lab Area
For Sale
$580,000

421 N OREM BLVD Unit 421, Orem, UT 84057

Configured for medical operations with private offices, reception space, restrooms, and flexible support areas.

Property Size14,800 SF
Days on Market324

Property Features for 421 N OREM BLVD Unit 421

General Information

Standard status Active
Size 14,800 SF
Elevators Yes
Property subtype Office

Building Details

Building Size 14,800 SF
Year Built 1998
Listing Agency: Alliance Real Estate, PLLC
Listed By: Sandy J. Davidson
Source: Liftrealty
Added: Oct 25, 2025 Changed: Sep 12 Last Checked: Sep 12 at 7:14AM

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 Alliance Real Estate, PLLC

Investment Insights

Based on property information with market context.

This medical office suite, built in 1998, provides a substantial professional layout with 12 offices, two public restrooms, and two additional private offices served by a shared full bathroom. The interior includes a spacious reception area, a large workroom, dual furnaces, and a flexible lab or kitchen area with extensive cabinetry.

The suite is located at 421 N Orem Blvd in Orem, near Orem Hospital and Timpanogos Regional. CAM covers maintenance, trash service, snow removal, yard care, elevator service, and building systems. The combination of dedicated offices, clinical support space, and administrative areas offers a practical configuration for a medical office user.

Key Highlights

  • 12 offices plus 2 private offices
  • 2 public restrooms and a shared full bathroom
  • Flexible lab or kitchen area with ample cabinetry

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Travel Agency Carpet & Flooring Store Wine and Liquor Store

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

1,759
Businesses Nearby
Balanced
Demand for This Use

Demographics for 84057, UT

38,401
Population
12,246
Households
3.1
Avg Household Size
29
Median Age
39%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
6,194
Density / Sq Mi
$80,184
Median Household Income
$36,429
Median Earnings
$1,408
Median Rent
$398,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Medical Office Space - Configured for medical operations with private offices, reception space, restrooms, and flexible support areas.
Where is this medical office space located?
The property is located at 421 N OREM BLVD Unit 421 Orem, UT.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: 12 offices plus 2 private offices; 2 public restrooms and a shared full bathroom; Flexible lab or kitchen area with ample cabinetry
More about this property
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