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    568 800 Orem, UT 84057

    Sponsored
    For Sale
    $1,888,425

    Orem, UT Medical/Office Condo

    Property size:
    6,867 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,867 square foot office condo, built in 2006, is ideally situated in the Pinehurst Office Park at 568 W 800 N, Orem, UT 84057. Priced at $1,888,425 ($275 per square foot), this property offers a unique opportunity to own a versatile space suitable for both medical and traditional office uses. Its prime location adjacent to Timpanogos Hospital presents significant advantages for medical professionals. The suite boasts multiple private offices, well-appointed conference rooms, and ample open workspace, providing flexibility for various business needs. Building signage is visible from 800 North, enhancing visibility and brand recognition. Unlike newer developments offering only equity ownership, this condo provides complete ownership of the suite. The property's high-quality construction and finishes represent a significant value compared to new construction, where shell units are priced considerably higher, often requiring substantial additional investment for interior build-out. This turnkey solution offers immediate occupancy and operational readiness. The property's location in Utah County provides easy access to major transportation routes and amenities. This is a rare opportunity to acquire a well-located, fully functional office condo at a competitive price point.

    Property Features for 568 800

    General Information

    Property type
    Medical offices
    Square Feet
    6,867 SF

    Building Details

    Year Built
    2006

    HighLights

    • Own your 6,867 SF office condo in the Pinehurst Office Park, Orem, UT.
    • Prime location adjacent to Timpanogos Hospital, ideal for medical or general office use.
    • $1,888,425 ($275/SF); features multiple private offices, conference rooms, and open workspace.
    • Building signage visible from 800 North; offers complete ownership, unlike nearby new developments.
    • Turnkey condition with immediate occupancy; high‑quality finishes offer significant value compared to new construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.7095627745
    Latitude
    40.312883133086

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    FAQs

    What type of property is this?
    Medical office - Orem, UT Medical/Office Condo
    Where is this medical office located?
    The property is located at 568 800 Orem, UT.
    What is the asking price?
    The asking price for this property is $1,888,425.
    What are key features of this property?
    This property features: Own your 6,867 SF office condo in the Pinehurst Office Park, Orem, UT.; Prime location adjacent to Timpanogos Hospital, ideal for medical or general office use.; $1,888,425 ($275/SF); features multiple private offices, conference rooms, and open workspace.
    Request Owner's contact information
    568 800 Orem, UT 84057
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    Orem, UT 84057
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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
    568 800 Orem, UT 84057
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