205 State St Orem, UT 84057
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.
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Hill Family Dental Dental Office
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Dr. Jerel Hill Dental Office
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Dr. Jared Hill Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.