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    Orem Office and Retail Space Title is generated by Realmo AI

    754 N State St, Orem, UT 84057

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    4,887 SqFt office and retail space available for sale.

    Type:Office, Retail
    Property size:
    4,887 SF
    Price / SF:
    $194/SF
    Added:
    Mar 20, 2026
    Days on Market:
    100
    Last Refresh:
    Mar 21 at 8:50 pm

    Property Features for 754 N State St

    General Information

    Standard status
    Active
    Size
    4,887 SF
    Property subtype
    Office, Retail

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    Steven James

    Listing office Commercial Real Estate Specialists

    Listing date Mar 20, 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 Commercial Real Estate Specialists

    HighLights

    • Office Space
    • 4,887 SqFt

    Overview

    This commercial property in Orem, Utah, offers 4,887 square feet of space suitable for office and retail use. The property is currently for sale.

    Local Financial Insights For Retail

    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 $122.0k $24.96
    − Vacancy −$5.1k −$1.05
    EGI $116.9k $23.91
    − OpEx −$35.1k −$7.17
    NOI $81.8k $16.74
    4,887 SF · lease $24.96/SF/yr · vacancy 4.20% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.17M
    $1.02M – $1.36M (±1% cap)
    NOI $81,799 @ 7.0% cap · market cap 8.61%
    Second Best
    Office B
    $980.2K
    $857.7K – $1.14M (±1% cap)
    NOI $68,613 @ 7.0% cap · market cap 7.22%
    Theoretical Best
    Office A
    $1.35M
    $1.18M – $1.57M (±1% cap)
    NOI $94,300 @ 7.0% cap · market cap 9.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Superior TV & Satellite Telecommunications Service Starlee Distributing Distribution Center

    Suggested Use

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

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

    Similar Places Nearby

    • Integrated Technologies — 240 W 520 N, Orem, UT 84057
    • Next 7 — 448 W 800 N, Orem, UT 84057
    • jmunrodesign — orem, ut 84057
    • CBB Consulting Inc — 507 W 920 N, Orem, UT 84057, United States
    • IT Guy (from Tecdata©) — 959 N 300 E St Appointment#Only, Orem, UT 84057

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.7007117
    Latitude
    40.3109386

    FAQs

    What type of property is this?
    Office space - 4,887 SqFt office and retail space available for sale.
    Where is this office space located?
    The property is located at 754 N State St Orem, UT.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Office Space; 4,887 SqFt
    More about this property
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