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    205 State St Orem, UT 84057
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    Property profile & analytics

    205 State St, Orem, UT 84057

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    • Specialty properties
    • 0.70 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hill Family Dental / Dental Office
    • Dr. Jerel Hill / Dental Office
    • Dr. Jared Hill / Dental Office

    Property Details for 205 State St

    Year built
    1988
    Lot size
    0.70 lot acres
    Property type
    Specialty properties
    Property subtype
    Office Spaces

    Description

    This exceptional 1,267-square-foot office space is ideally situated at 205 N State Street, Orem, UT 84057, on the corner of 200 North. The property, classified as a Class B building constructed in 1988, offers a single-tenant occupancy in a highly visible location. Previously used as an optometrist's office, this space is well-suited for medical or traditional office uses. The building sits on a 0.7-acre lot in Utah County's Orem submarket, benefiting from an estimated 46,617 cars passing daily. The property boasts prominent monument signage and ample parking. Recent updates, completed in 2022, include renovations to the lobby and other common areas. The lease terms include a modified gross rent of $2100 per month plus $500 in CAM charges. The property is currently vacant and easily accessible for viewing. This is a fantastic opportunity for a business seeking a high-traffic, well-maintained office space in a thriving Orem location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.697
    Latitude
    40.3008
    More about this property
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