Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    767 Auto Mall Dr American Fork, UT 84003
    Back to Search
    Property profile & analytics

    767 Auto Mall Dr, American Fork, UT 84003

    View on Map
    • Industrial properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 767 Auto Mall Dr

    Year built
    2008
    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional 3,200-square-foot Class A flex space in American Fork, Utah, presents a unique opportunity for businesses seeking a versatile and strategically located facility. Built in 2008, this single-tenant property is situated at 767 S Auto Mall Dr, American Fork, UT 84003, offering convenient access to I-15. The property boasts a thoughtfully designed layout, including two recently renovated offices, a single bathroom, and a spacious warehouse/garage area. The warehouse features a 12-foot-high garage door for easy loading and unloading, and benefits from separate climate control for optimal storage conditions. A mezzanine level adds extra storage or office space. The property also includes four parking spaces for employee and visitor convenience. This industrial property is ideal for a variety of businesses seeking a modern, efficient, and well-maintained workspace in a thriving Utah location. The property's location within an established industrial zone ensures easy access to transportation networks and other essential business services. This is a rare opportunity to secure a high-quality flex space in a desirable area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    American Fork
    County
    Utah
    State
    Utah
    Longitude
    -111.79
    Latitude
    40.3616

    Comparable in this City

    • Value Estimation by Request
      42,340 SF

      777 Auto Mall Dr

      Distribution properties
      777 Auto Mall Dr, American Fork, UT 84003
      View Details
    • Value Estimation by Request
      47,890 SF

      2315 700

      Life science properties
      2315 700, American Fork, UT 84003
      View Details
    • Value Estimation by Request
      2,290 SF

      413 620

      Flex space
      413 620, American Fork, UT 84003
      View Details
    • Value Estimation by Request
      3,752 SF

      413 620

      Flex space
      413 620, American Fork, UT 84003
      View Details
    • Value Estimation by Request
      21,417 SF

      1658 580th E

      LIGHT INDUSTRIAL
      1658 580th E, American Fork, UT 84003-3548
      View Details
    • Value Estimation by Request
      60,412 SF

      1306 630th E

      LIGHT INDUSTRIAL
      1306 630th E, American Fork, UT 84003-3375
      View Details

    Similar Nearby for Sale

    • $899,000
      0.06 Acres

      American Fork Flex Unit

      Flex unit with lease in place through June 2026.
      413 E 620 S, American Fork, UT 84003
      View Details
    • Contact for pricing
      47,733 SF

      American Fork Flex/Industrial Building

      47,733 SF flex/industrial building on 3.05 acres for sale.
      799 E Utah Valley Dr, American Fork, UT 84003
      View Details
    • $795,000
      0.33 Acres

      Highland, UT Premium Lot

      Premium lot with stunning views and added privacy.
      12687 N Ponce De Leon Dr W, Highland, UT 84003
      View Details
    • $775,000
      1.00 Acre

      Highland Acre Lot Near Club

      One-acre lot with utilities ready for dream home construction.
      10531 N Alpine Hwy, Highland, UT 84003
      View Details
    • Contact for pricing
      5,515 SF

      Modern Office Building For Sale

      5,515 SF office building on 0.14-acre lot.
      1042 Bamberger Dr, American Fork, UT 84003
      View Details
    • Contact for pricing

      Commercial Land in Silicon Slopes

      Located in rapidly growing Silicon Slopes area, central Utah County.
      375 S 860 E, American Fork, UT 84003
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      10,425 SF

      Highland Flex/Industrial Space Available

      Flex and industrial units available for rent in Highland.
      2436 W 700 S, Highland, UT 84003
      View Details
    • $5,412 /Mo

      1349 S 500 E, Unit 229, 230

      cGMP-Compliant Turnkey Nutraceutical & Supplement Manufacturing Flex Space | 2,706 SF Sublease
      1349 S 500 E, American Fork, UT 84003
      View Details
    • Contact for pricing
      3,784 SF

      American Fork Flex/Industrial Space

      Flex/industrial space available for lease in American Fork, Utah.
      1375 S 500 E, American Fork, UT 84003
      View Details
    • Contact for pricing

      American Fork Industrial/Flex Space

      16,331 SF industrial/flex space with office and warehouse areas.
      871 S Auto Mall Dr, American Fork, UT 84003
      View Details
    • Contact for pricing
      560 SF

      American Fork Flex/Industrial Space

      Flex/industrial space available for lease in American Fork, Utah.
      1349 S 500 E, American Fork, UT 84003
      View Details
    • Contact for pricing
      2,278 SF

      American Fork Flex/Industrial Space

      Flex/industrial space available for lease in American Fork, Utah.
      1325 S 500 E, American Fork, UT 84003
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    767 Auto Mall Dr
    American Fork, UT 84003
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    767 Auto Mall Dr, American Fork, UT, 84003
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!