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    315 1200 Orem, UT 84058

    For Lease
    $9 SF/Yr ($6,283 /Mo)

    Prime Orem office space, 2,500 SF available.

    Lot size:
    7,854 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional two-story, Class B office building, totaling 7,854 square feet, is situated in Orem, Utah at 315 E 1200 S, APN 180470026. Built in 1984, the property offers a traditional office layout suitable for a variety of businesses. Currently, there are 2,500 square feet of vacant space available for lease within this single-building complex. The building features multiple tenancies, providing flexibility for businesses of different sizes. The available space presents a fantastic opportunity for businesses seeking a well-established location in Orem. The property's convenient location in Utah County offers easy access to major transportation routes and local amenities. A special incentive is available for new tenants: the first month's rent is free for leases of two years or longer. This is an excellent chance to secure a well-positioned office space in a thriving Utah County market. The property is classified as a traditional office building and consists of 7,854 total square feet across two stories.

    Property Features for 315 1200

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,854 SF
    Class
    B
    Total Rate
    6283.2

    Building Details

    Year Built
    1984
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    North Unit
    Size
    2,500 SF
    Rate per SF
    $9

    HighLights

    • 2,500 SF of available office space in a North Unit.
    • Upper‑level office suite.
    • Features seven private offices, a reception area, conference room, and break room.
    • Centrally located in Utah's Wasatch Front.
    • Lease rate: $9.60/SF, modified gross.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Square Roots Cafe

    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
    -111.68775818
    Latitude
    40.27539991

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Orem office space, 2,500 SF available.
    Where is this office property / space located?
    The property is located at 315 1200 Orem, UT.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 2,500 SF of available office space in a North Unit.; Upper-level office suite.; Features seven private offices, a reception area, conference room, and break room.
    Request Owner's contact information
    315 1200 Orem, UT 84058
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    Orem, UT 84058
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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
    315 1200 Orem, UT 84058
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