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    863 1950 Spanish Fork, UT 84660

    Sponsored
    For Lease
    $11 SF/Yr

    Modern Flex Space in Spanish Fork, UT

    Lot size:
    35,204 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 35,204-square-foot flex space, located within the highly sought-after Canyon Creek Business Park in Spanish Fork, Utah, presents a unique opportunity for businesses seeking a versatile and modern workspace. Building 3, constructed in 2013, offers a total of 35,204 square feet of adaptable space, divisible to a minimum of 17,385 square feet. The entire building is currently vacant, providing a blank canvas for tenant improvements tailored to specific operational needs. The property boasts impressive features including a 24-foot ceiling height, 12 dock-high doors, and 4 drive-in doors, making it ideal for various industrial and distribution uses. Ample parking is available with 74 spaces. The 4.24-acre lot provides ample room for expansion or outdoor storage. The property is zoned LI and features a convenient location in the Utah County South submarket, with the address being 863 E 1950 N, Spanish Fork, UT 84660. This prime location offers easy access to major transportation routes and a thriving business community. The property's modern design and functional layout make it an attractive option for a wide range of businesses, from light manufacturing and warehousing to research and development. Don't miss this chance to secure a premier space in a rapidly growing area.

    Property Features for 863 1950

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    35,204 SF
    Total Rate
    33443.8

    Building Details

    Year Built
    2013
    Buildings
    5

    Unit(s) available at that property

    Space
    Building 3
    Size
    35,204 SF
    Rate per SF
    $11

    HighLights

    • 35,204 SF flex space in Canyon Creek Business Park, Spanish Fork, UT.
    • Light industrial zoning (LI).
    • 2013 construction, currently vacant.
    • 24' clear height ceilings, 12 dock‑high doors, and 4 drive‑in doors.
    • 74 parking spaces and a 4.24‑acre lot.
    • Divisible to 17,385 SF minimum.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Building Supply 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
    Spanish Fork
    County
    Utah
    State
    Utah
    Longitude
    -111.6392267
    Latitude
    40.1346

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    FAQs

    What type of property is this?
    Life science property - Modern Flex Space in Spanish Fork, UT
    Where is this life science property located?
    The property is located at 863 1950 Spanish Fork, UT.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: 35,204 SF flex space in Canyon Creek Business Park, Spanish Fork, UT.; Light industrial zoning (LI).; 2013 construction, currently vacant.
    Request Owner's contact information
    863 1950 Spanish Fork, UT 84660
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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
    863 1950 Spanish Fork, UT 84660
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