Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    700 Lindon, UT 84042

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 700

    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 8.88-acre industrial land parcel in Lindon, Utah County, presents a unique opportunity for businesses seeking a strategic location and flexible space. Currently zoned M-1 (Light Industrial), this property offers significant potential for a variety of industrial uses. The site is easily accessible, providing convenient access to Interstate 15, a major transportation artery. The land is currently available for lease as a single tenant property, offering a substantial and secure footprint for your operations. The lot is already fenced, providing added security and defining the property boundaries. Furthermore, the property is divisible, allowing for a smaller 3-acre lease option to accommodate businesses with varying space requirements. This flexibility makes it an ideal location for companies needing to expand or establish a new presence in a thriving industrial area. The expansive acreage provides ample room for building construction, storage, or outdoor operations, depending on the tenant's specific needs. This prime industrial land offers a combination of size, accessibility, and zoning flexibility, making it a highly desirable location for businesses seeking growth and stability. Serious inquiries are encouraged to explore this exceptional leasing opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lindon
    County
    Utah
    State
    Utah
    Longitude
    -111.732
    Latitude
    40.339

    Comparable in this City

    • Value Estimation by Request
      2.10 Acres

      550 Hawks Rise Ln

      Land • 2.10 Acres
      550 Hawks Rise Ln, Lindon, UT 84042
      View Details
    • Value Estimation by Request
      2,379 SF

      1350 200th 1st S Ste, Unit 1

      CONDOMINIUMS (INDUSTRIAL) • 2,379 SF
      1350 200th 1st S Ste, Lindon, UT 84042-1886
      View Details
    • Value Estimation by Request
      1,586 SF

      1350 200th S Ste, Unit 14

      CONDOMINIUMS (INDUSTRIAL) • 1,586 SF
      1350 200th S Ste, Lindon, UT 84042-1887
      View Details
    • Value Estimation by Request
      1,916 SF

      321 1250th W Ste, Unit 14

      CONDOMINIUMS (INDUSTRIAL) • 1,916 SF
      321 1250th W Ste, Lindon, UT 84042-1677
      View Details
    • Value Estimation by Request
      2,169 SF

      96 1800th W Ste, Unit 16

      CONDOMINIUMS (INDUSTRIAL) • 2,169 SF
      96 1800th W Ste, Lindon, UT 84042-1681
      View Details
    • Value Estimation by Request
      2,169 SF

      96 1800th W Ste, Unit 18

      CONDOMINIUMS (INDUSTRIAL) • 2,169 SF
      96 1800th W Ste, Lindon, UT 84042-1681
      View Details

    Similar Nearby for Sale

    • $2,614,689
      3.43 Acres

      Lindon Commercial Land - 3.43 Acres

      Prime Lindon location, 3.43 acres, zoned RB.
      377 800, Lindon, UT 84042
      View Details
    • $10,595,970
      9.73 Acres

      I-15 Lindon Commercial Land

      Prime 9.73-acre commercial lot, ideal for development.
      4600 400, Lindon, UT 84042
      View Details
    • New
      $1,800,000
      0.93 Acres

      Lindon Multi-Use Commercial Building

      Remodeled office, industrial storage, and exterior storage space available.
      10 S State St, Lindon, UT 84042
      View Details
    • $2,254,230

      9.73 Acres Zoned Commercial Land

      9.73 acres of commercial land in accelerated growth area.
      2000 W 400 N, Lindon, UT 84042
      View Details
    • New
      $449,000
      0.46 Acres

      Residential Land in Lindon, UT

      Residential land for sale in a desirable Lindon neighborhood.
      170 E 800 N, Lindon, UT 84042
      View Details
    • New
      $449,000
      0.47 Acres

      Residential Land in Lindon, UT

      Residential land for sale in a desirable Lindon neighborhood.
      150 E 800 N, Lindon, UT 84042
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      64,469 SF

      Lindon Commercial Land - 1.48 Acres

      Prime Lindon Commercial Lot, Build-to-Suit Available.
      564 550, Lindon, UT 84042
      View Details
    • Contact for pricing

      Land for Rent in Lindon

      Land available for rent at 680 N State St, Lindon, UT.
      680 N State St, Lindon, UT 84042
      View Details
    • $1.20 SF/Yr
      13,039 SF

      Lindon Warehouse/Flex Space Available

      13,039 SF warehouse/flex space with offices and high ceilings.
      142 N 1800 W, Lindon, UT 84042
      View Details
    • Contact for pricing
      15,042 SF

      Lindon Warehouse with Fenced Yard

      Industrial warehouse with remodeled office, fenced yard, and parking.
      1287 W 300 S, Lindon, UT 84042
      View Details
    • Contact for pricing
      361,225 SF

      Gateway Industrial Warehouse

      Lindon, UT Warehouse Space Available
      0 500, Lindon, UT 84042
      View Details
    • Contact for pricing
      39,603 SF

      Lindon Warehouse: 39,603 SF

      Large warehouse, ample parking, secured yard.
      730 2800, Lindon, UT 84042
      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.
    700
    Lindon, UT 84042
    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

    Google sign-in failed. Please try again or use another login method.