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    1199 700 Pleasant Grove, UT 84062

    Sponsored
    For Sale
    $26,800,000

    Upscale Executive Offices, 106,000 SF

    Property size:
    106,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property presents a unique investment opportunity in Pleasant Grove, Utah. Located at 1199 W 700 S, this two-story, 106,000 square foot executive office campus sits on a generous 12.48-acre lot. Its strategic location just off the I-15 Interchange (Exit 275) provides unparalleled access and visibility, making it an ideal headquarters for a discerning business. The property boasts stunning, unobstructed mountain views, adding to its already impressive appeal. The campus benefits from its proximity to a variety of new restaurants and hospitality amenities, enhancing its attractiveness to employees and clients alike. This is a rare chance to acquire a highly sought-after office property in a thriving Utah County location. The asking price for this significant commercial real estate asset is $26,800,000. The property's size and location make it suitable for a variety of uses, presenting a compelling investment opportunity for those seeking a premier commercial space in a rapidly growing area. The property is classified as both retail and office space, offering flexibility for potential buyers. Its executive office subtype caters to businesses seeking a high-end, prestigious location.

    Property Features for 1199 700

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    106,000 SF
    Lot Size
    543,629 SF

    Building Details

    Stories
    2

    HighLights

    • $26,800,000 asking price.
    • 106,000 square foot retail and office property.
    • Two‑story building on a 12.48‑acre lot.
    • Located at 1199 W 700 S, Pleasant Grove, UT 84062.
    • Executive office space available.
    • Strategically located near I‑15 Exit 275 in Pleasant Grove, Utah.
    Property Profile Location Intelligence

    Current Use by Public Records

    Close To My Heart Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Pleasant Grove
    County
    Utah
    State
    Utah
    Longitude
    -111.7579427
    Latitude
    40.3537623

    Nearby Comparable

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      Retail Space in Pleasant Grove

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    Nearby Similar for Sale

    • $675,000
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      Mixed-Use Duplex with Commercial Space

      Unique duplex featuring residential and commercial space in Pleasant Grove.
      1024 W 700 S, Pleasant Grove, UT 84062
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      Office/Warehouse Campus with Development Opportunity

      98,520 SF campus with expansion potential near I-15.
      1199 W 700 S, Pleasant Grove, UT 84062
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      Office/Retail Units For Sale

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    FAQs

    What type of property is this?
    Office Property / Space - Upscale Executive Offices, 106,000 SF
    Where is this office property / space located?
    The property is located at 1199 700 Pleasant Grove, UT.
    What is the asking price?
    The asking price for this property is $26,800,000.
    What are key features of this property?
    This property features: $26,800,000 asking price.; 106,000 square foot retail and office property.; Two-story building on a 12.48-acre lot.
    Request Owner's contact information
    1199 700 Pleasant Grove, UT 84062
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    Pleasant Grove, UT 84062
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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
    1199 700 Pleasant Grove, UT 84062
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