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    85 Bay Blvd Provo, UT 84606

    Sponsored
    For Sale
    $7,500,000

    Provo, UT Warehouse - $7.5M

    Property size:
    42,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 42,000-square-foot warehouse in Provo, Utah, presents a unique owner-user opportunity. Built in 1987, this single-story building boasts a spacious layout with ceiling heights ranging from 12 to 20 feet, ideal for various industrial uses. The property includes two dock-high doors with levelers and two grade-level doors, ensuring efficient loading and unloading. Ample parking is provided with 70 stalls. The building features a wet sprinkler system and robust power: 3-phase, 540 amps, 160 volts. Situated on a 2.46-acre lot, this centrally located warehouse offers convenient access to amenities and the University Ave. I-15 interchange. Zoned PIC (Provo City Planned Industrial Commercial), this property offers significant potential. The asking price is $7,500,000, translating to $178.57 per square foot. This warehouse also includes a showroom.

    Property Features for 85 Bay Blvd

    General Information

    Property type
    Distribution properties
    Square Feet
    42,000 SF

    Building Details

    Year Built
    1987
    Stories
    1
    Units
    1

    HighLights

    • $7,500,000 asking price for this owner‑user industrial warehouse.
    • 42,000 square foot warehouse on a 2.46‑acre lot in Provo, UT.
    • Built in 1987, featuring 12'-20' ceiling heights.
    • Two dock‑high doors with levelers and two grade‑level doors, plus 70 parking stalls.
    • 3‑phase, 540‑amp, 160‑volt power and a wet sprinkler system.
    Property Profile Location Intelligence

    Current Use by Public Records

    East Bay Studios Video Production Service Harmony Education Services ... Educational Consultant Image Home Center Flooring Store FranklinSquires Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.6568444
    Latitude
    40.2151559

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    FAQs

    What type of property is this?
    Distribution property - Provo, UT Warehouse - $7.5M
    Where is this distribution property located?
    The property is located at 85 Bay Blvd Provo, UT.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: $7,500,000 asking price for this owner-user industrial warehouse.; 42,000 square foot warehouse on a 2.46-acre lot in Provo, UT.; Built in 1987, featuring 12'-20' ceiling heights.
    Request Owner's contact information
    85 Bay Blvd Provo, UT 84606
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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
    85 Bay Blvd Provo, UT 84606
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