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    Alpine Flex Building For Sale Title is generated by Realmo AI

    51 East 200 North alpine, Alpine, UT 84004

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    8,800 SF office/warehouse flex building in Alpine, Utah.

    Type:Industrial, Office
    Property size:
    8,476 SF
    Lot size:
    0.33 Acres
    Price / SF:
    $187/SF
    Added:
    Jan 29, 2026
    Days on Market:
    153
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 51 East 200 North alpine

    General Information

    Standard status
    Active
    Size
    8,476 SF
    Lot size
    0.33 Acres
    Property subtype
    Industrial, Office

    Building Details

    Year Built
    1981

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    Eric Larsen
    Eric Larsen

    Listing office Colliers - Pleasant Grove - Utah County, Utah

    Listing date Jan 29, 2026

    Source Crexi

    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

    HighLights

    • Rare 8,800 SF flex building on .33 acres in affluent Alpine, Utah location.
    • Versatile space suitable for various uses: office, warehouse, light manufacturing, showroom, e‑commerce, etc.
    • Clear‑span warehouse with 16’ ceilings and potential for a 10’x10’ grade‑level door.
    • Ample power: 800 Amp 600 V service.
    • Convertible two‑floor office areas.
    • Private parking and secluded location behind the former Purple Mattress facility.

    Overview

    Located in Alpine, Utah, this 8,800 square foot office/warehouse flex building is situated on 0.33 acres. The property features a blend of functional open space with 16-foot ceilings and two floors of convertible office areas. It is suitable for light manufacturing, showroom, distribution, e-commerce, service-based businesses, tech, fitness/training users, or private office use. The original building includes clear-span warehouse space with the potential for a 10-foot by 10-foot grade-level door. It has ample power with 800 Amp 600 V service. The layout is designed for conversion to various business or private needs. The site includes private parking and is located behind the former Purple Mattress facility. The property size is 8,476 square feet.

    Local Financial Insights For Office B

    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 $203.4k $24.00
    − Vacancy −$44.8k −$5.28
    EGI $158.7k $18.72
    − OpEx −$39.7k −$4.68
    NOI $119.0k $14.04
    8,476 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.70M
    $1.49M – $1.98M (±1% cap)
    NOI $119,003 @ 7.0% cap · market cap 7.48%
    Second Best
    Warehouse
    $1.17M
    $1.02M – $1.37M (±1% cap)
    NOI $81,960 @ 7.0% cap · market cap 5.15%
    Theoretical Best
    Office A
    $2.34M
    $2.04M – $2.73M (±1% cap)
    NOI $163,553 @ 7.0% cap · market cap 10.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Alpine
    County
    Utah
    State
    Utah
    Longitude
    -111.7747925
    Latitude
    40.4539668

    FAQs

    What type of property is this?
    Flex space - 8,800 SF office/warehouse flex building in Alpine, Utah.
    Where is this flex space located?
    The property is located at 51 East 200 North alpine Alpine, UT.
    What is the asking price?
    The asking price for this property is $1,590,000.
    What are key features of this property?
    This property features: Rare 8,800 SF flex building on .33 acres in affluent Alpine, Utah location.; Versatile space suitable for various uses: office, warehouse, light manufacturing, showroom, e‑commerce, etc.; **Clear‑span warehouse with 16’ ceilings and potential for a 10’x10’ grade‑level door.**
    (801) 380-2264 Call to check price and availability
    More about this property
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