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    2696 University Ave Provo, UT 84604

    Sponsored
    For Sale
    $987,630

    Provo Office Building, Ideal Location

    Property size:
    33,156 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class B office condo, located at 2696 N University Ave, Provo, UT 84604, presents a unique owner-user opportunity. Spanning 4,769 rentable square feet within a larger 33,156 square foot building, this vacant property boasts a prime location near Brigham Young University, offering high visibility on University Parkway. The building, constructed in 1980 and featuring classic brick walls and high-quality finishes, includes a luxurious executive office complete with wood paneling, built-in bookshelves, a fireplace, and a private in-suite restroom. Abundant natural light and scenic views of Mount Timpanogos enhance the workspace. The flexible layout offers adaptable workspaces to accommodate various business needs, complemented by a convenient kitchenette. The asking price is $987,630, translating to $207.09 per square foot. The property is available for occupancy on May 16, 2024. This two-story building presents a rare opportunity to acquire a well-maintained, highly visible office space in a thriving Provo location. The property is for sale by owner.

    Property Features for 2696 University Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    33,156 SF
    Class
    B

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    2

    HighLights

    • 2696 North University Parkway, Provo, UT prime location.
    • 4,769 rentable square feet.
    • Excellent proximity to Brigham Young University.
    • High‑visibility University Parkway frontage.
    • Abundant natural light and Mount Timpanogos views.
    • Flexible layout with multiple adaptable workspaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Utah.Law, P.C. Law Firm Capital Assets Utah ... Mortgage Broker Work Inc Social Services Organization Judicialink LLC. Legal Services Slate Canyon Hospitality Hotel

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.65650576
    Latitude
    40.26901284

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    FAQs

    What type of property is this?
    Office Property / Space - Provo Office Building, Ideal Location
    Where is this office property / space located?
    The property is located at 2696 University Ave Provo, UT.
    What is the asking price?
    The asking price for this property is $987,630.
    What are key features of this property?
    This property features: 2696 North University Parkway, Provo, UT prime location.; 4,769 rentable square feet.; Excellent proximity to Brigham Young University.
    (801) 947-8300
    Request Owner's contact information
    2696 University Ave Provo, UT 84604
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    Provo, UT 84604
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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
    2696 University Ave Provo, UT 84604
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