413 620 American Fork, UT 84003
This exceptional 2,290-square-foot flex space in American Fork, Utah, presents a unique investment opportunity. Priced at $750,000, this property boasts a compelling 5.90% cap rate. The building features a 2,060-square-foot warehouse and a 230-square-foot office, ideal for owner-occupancy or a sale-leaseback arrangement. The current owner is willing to lease back the space, providing immediate income potential. The warehouse is climate-controlled, offering year-round comfort. The unit includes a 14-foot ground-level door, 200-amp 3-phase power, and a mezzanine for additional storage. A single office is located on the main floor. This property is conveniently located just 0.5 miles from I-15, providing easy access to major transportation routes. The 18-foot ceiling height in the warehouse maximizes storage and operational efficiency. This is a gross lease, simplifying management and cost predictability. The property is a single-tenant building, minimizing management complexities. This is a rare opportunity to acquire a well-maintained flex unit in a desirable location. The property is offered for sale and is suitable for an owner-user or a sale-leaseback transaction.
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
Similar Nearby for Lease
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.