Class A Main-Floor Office
4956 N 300 W, Provo, UT 84604
For Sale
Contact for pricing
Two main-floor office suites totaling 11,667 SF, with underground parking and an outdoor patio.
Property Size3,788 SF
Price / SF$274.28
Days on Market125
Property Features for 4956 N 300 W
General Information
Standard status
Size
Class
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Additional Details
Floor
Amenities
outdoor patio
Listing Agency:
Colliers | Utah County
(801) 610-1300
Listed By:
James Bullington · License UT 5472910-SA00
(801) 702-4682
Source:
Moodyscre
Added: Jul 10
Changed: Oct 26
Last Checked: Nov 10 at 10:53AM
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.
Class A, main-floor office space offers two available suites at 4956 N 300 W. Suite 101 is 7,879 SF and Suite 102 is 3,788 SF, with a combined total of 11,667 SF. Furniture is available, and the property includes an outdoor patio with seating. An office-building setting is complemented by landscaping, and the building borders the Provo River walking trail.
The property features (8) underground parking stalls and may support an owner/occupant approach. Availability is set for January 1, 2027. Parcel numbers are 57.069.0101 and 0102.
The property features (8) underground parking stalls and may support an owner/occupant approach. Availability is set for January 1, 2027. Parcel numbers are 57.069.0101 and 0102.
Key Highlights
- Two main‑floor office suites totaling 11,667 SF (Suite 101: 7,879 SF; Suite 102: 3,788 SF)
- Class A office space with (8) underground parking stalls
- Furniture available for the suites
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,914
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$958,280
$958.3K
Cap Rate 7%
$684,486
$684.5K
Cap Rate 9%
$532,378
$532.4K
Market Conditions
NOI Build-Up for 3,788 SF
Gross rent
$83.2K $21.96/SF
− Vacancy
−$19.3K −$5.09/SF
EGI
$63.9K $16.87/SF
− OpEx
−$16.0K −$4.22/SF
NOI
$47.9K $12.65/SF
Area
Provo, UT
Vacancy
23.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$958,280
Cap Rate 7%
$684,486
Cap Rate 9%
$532,378
Alternative Uses
Best Use
Office B
$684.5K
$598.9K – $798.6K
NOI $47,914 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.04M
$914.1K – $1.22M
NOI $73,130 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
633
Businesses Nearby
Explore this area
Business Placement
Demographics for 84604, UT
45,503
Population
13,285
Households
3.4
Avg Household Size
26
Median Age
56%
College-Educated
98%
High-School Grad
94.8 sq mi
ZIP Area
480
Density / Sq Mi
$74,522
Median Household Income
$16,799
Median Earnings
$1,128
Median Rent
$520,500
Median Home Value
Market
Properties on Market for Office Units in Provo
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Two main-floor office suites totaling 11,667 SF, with underground parking and an outdoor patio.
Where is this office unit located?
The property is located at 4956 N 300 W Provo, UT.
What is the asking price?
The asking price for this property is $1,038,965.
What are key features of this property?
This property features: Two main‑floor office suites totaling 11,667 SF (Suite 101: 7,879 SF; Suite 102: 3,788 SF); Class A office space with (8) underground parking stalls; Furniture available for the suites
