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    1738 Geneva Rd Orem, UT 84058

    For Sale
    Contact for pricing

    Prime Utah County land, near UVU & Provo Airport.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional commercial land offering in Orem, Utah, presents a unique investment opportunity. The property consists of two parcels: a north parcel of approximately 6 acres priced at $18.00 per square foot, and a south parcel of approximately 10 acres priced at $17.00 per square foot. Located in Utah County, this land boasts a highly desirable location, within two miles of Utah Valley University (UVU) and Mountainland Technical College, providing excellent access to a large pool of potential customers and employees. Furthermore, its proximity to Provo Airport (within 5 miles) and the UTA Orem Central Frontrunner Station (just 4 minutes away) ensures convenient transportation links. The general plan designates this land for commercial use, making it ideal for a variety of development projects. It's important to note that the parcel sizes are subject to change due to an ongoing Utah Department of Transportation (UDOT) road alignment project. A final survey will determine the precise acreage of each parcel. Interested parties are encouraged to submit offers. This is a rare chance to acquire strategically located commercial land in a rapidly growing area of Utah County.

    Property Features for 1738 Geneva Rd

    General Information

    Property type
    Land

    HighLights

    • Exceptional 16‑acre commercial land investment opportunity in Orem, Utah.
    • Two parcels: 6 acres at $18/sq ft and 10 acres at $17/sq ft.
    • Highly desirable location near UVU and Mountainland Tech College.
    • Convenient access to Provo Airport and UTA Orem Central Frontrunner Station.
    • Zoned for commercial development.
    • Parcel sizes subject to final survey due to UDOT road alignment project.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.7201176
    Latitude
    40.2656067

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    FAQs

    What type of property is this?
    Land - Prime Utah County land, near UVU & Provo Airport.
    Where is this land located?
    The property is located at 1738 Geneva Rd Orem, UT.
    What are key features of this property?
    This property features: Exceptional 16-acre commercial land investment opportunity in Orem, Utah.; Two parcels: 6 acres at $18/sq ft and 10 acres at $17/sq ft.; Highly desirable location near UVU and Mountainland Tech College.
    (385) 233-9416
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1738 Geneva Rd Orem, UT 84058
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