Flex and Warehouse
723 Columbia Ln Provo, UT 84604
For Sale
Contact for pricing
1987-built warehouse flex space with 11'10'' clear height and a 10' x 10' grade-level door, available January 2026.
Property Size6,996 SF
Lot Size0.40 Acres
Price / SF$225
Days on Market17
Property Features for 723 Columbia Ln
General Information
Standard status
Active
Size
6,996 SF
Lot size
0.40 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Colliers | Utah County
(801) 702-4695
Listed By:
Josh Martin · License #5491995-AB00
(801) 830-2004
Source:
Moodyscre
Added: Jul 14
Changed: Jul 27
Last Checked: Jul 29 at 1:47PM
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
Investment Insights
Based on property information with market context.
This flex and warehouse property was built in 1987 and is offered as Parcel # 19:061:0093 & 0094. The facility includes warehouse clear height of 11'10'', along with a grade-level door measuring 10' x 10'. The property sits on two lot sizes totaling 0.30 and 0.10 acres.
Located at 723 Columbia Ln in Provo, UT, the site is described as being one block off State Street. The property is listed as an ideal fit for flex and retail users, with availability beginning January 2026.
Located at 723 Columbia Ln in Provo, UT, the site is described as being one block off State Street. The property is listed as an ideal fit for flex and retail users, with availability beginning January 2026.
Key Highlights
- Warehouse flex space built in 1987
- 11'10'' warehouse clear height
- Includes a 10' x 10' grade‑level door
Financial Insights For Flex RnD
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 | $132.6k | $18.96 |
| − Vacancy | −$9.9k | −$1.42 |
| EGI | $122.7k | $17.54 |
| − OpEx | −$42.9k | −$6.14 |
| NOI | $79.8k | $11.40 |
6,996 SF · lease $18.96/SF/yr · vacancy 7.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.14M
$996.9K – $1.33M
NOI $79,752 @ 7.0% cap · market cap 5.07%
Second Best
Warehouse
$791.1K
$692.2K – $923.0K
NOI $55,378 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,063 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Marvellous Catering — 765 W Columbia Ln, Provo, UT 84604
- Firehouse Subs Bulldog Blvd. — 64 Bulldog Ln, Provo, UT 84604
Frequently Asked Questions
What type of property is this?
Flex space - 1987-built warehouse flex space with 11'10'' clear height and a 10' x 10' grade-level door, available January 2026.
Where is this flex space located?
The property is located at 723 Columbia Ln Provo, UT.
What is the asking price?
The asking price for this property is $1,574,100.
What are key features of this property?
This property features: Warehouse flex space built in 1987; 11'10'' warehouse clear height; Includes a 10' x 10' grade‑level door
