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    1688 820 Provo, UT 84601

    Sponsored
    For Sale
    $1,450,000

    8,000 SF Office, $1.45M Asking

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 8,000-square-foot Class B office building in Provo, Utah, presents a compelling investment opportunity. Built in 1982, the single-story structure sits on a parcel identified by APN 21:013:0042 and is zoned MP. The building features a well-appointed reception area, expansive open space ideal for cubicles, a sizable conference room, and a dedicated server room. High-speed fiber internet is readily available. Adding to its versatility, the property includes a small garage or shop area, perfect for storage or light equipment. The asking price is $1,450,000, translating to $181.25 per square foot. A significant advantage is the adjacency to a flex project (land parcel) which is available for purchase alongside the office building, offering potential for expansion or synergistic development. The building's interior is adaptable to various business needs, offering a flexible layout. The current lease rate is $12 per square foot, triple net (NNN). This property is located at 1688 W 820 N, Provo, UT 84601. This is a rare opportunity to acquire a well-maintained, functional office building in a desirable Provo location with potential for future growth.

    Property Features for 1688 820

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,000 SF
    Class
    B

    Building Details

    Year Built
    1982
    Buildings
    1
    Stories
    1

    HighLights

    • 8,000 SF Class B office building available for sale in Provo, UT.
    • Reception area, open workspace, large conference room, and dedicated server room.
    • High‑speed fiber internet access.
    • Includes a small garage/shop.
    • Adjacent land parcel available for purchase, ideal for expansion.
    • Asking price: $1,450,000 ($181.25/SF).
    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
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.6877919
    Latitude
    40.2455862

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    FAQs

    What type of property is this?
    Office Property / Space - 8,000 SF Office, $1.45M Asking
    Where is this office property / space located?
    The property is located at 1688 820 Provo, UT.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: 8,000 SF Class B office building available for sale in Provo, UT.; Reception area, open workspace, large conference room, and dedicated server room.; High-speed fiber internet access.
    (801) 995-0049
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    1688 820 Provo, UT 84601
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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
    1688 820 Provo, UT 84601
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