Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    551 Powerline Rd Heber City, UT 84032
    Back to Search
    Property profile & analytics

    551 Powerline Rd, Heber City, UT 84032

    View on Map
    • Industrial properties
    • 1,800 SF
    • 2.07 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 551 Powerline Rd

    Year built
    2024
    Lot size
    2.07 lot acres
    Property type
    Industrial properties
    Property subtype
    Flex space

    Description

    This exceptional Class A industrial flex space in Heber City, Utah, presents a unique owner-user opportunity. Located at 551 W Powerline Rd, 84032, this newly constructed (2024 completion) property sits on a 2.07-acre lot and comprises a single, one-story building with six individual units available for sale or lease. Each unit offers 1,800 to 10,800 square feet of net rentable space, with a total of 10,800 square feet across all units. The asking price is $3,726,000, or $621,000 per unit. Key features include six loading docks, a 22-foot ceiling height, and essential utilities such as a heater, ground-level door, bathroom, and 208v 3-phase power with 100 amps. The property is zoned for commercial use and is ideally situated within the growing Heber Valley market. This is a prime opportunity for businesses seeking modern, functional space in a thriving location. Don't miss out; these units are expected to be leased or sold quickly. The property is ready for immediate occupancy upon completion in late fall/early winter 2024. Buyers or tenants can customize the space to their specific needs.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Heber City
    County
    Wasatch
    State
    Utah
    Longitude
    -111.423
    Latitude
    40.4803

    Comparable in this City

    • Value Estimation by Request
      46,193 SF

      2210 3000

      Life science properties
      2210 3000, Heber City, UT 84032
      View Details
    • Value Estimation by Request
      48,000 SF

      3500 Hwy

      Life science properties
      3500 Hwy, Heber City, UT 84032
      View Details
    • Value Estimation by Request
      2.73 Acres

      1496 Us-40

      Distribution properties
      1496 Us-40, Heber City, UT 84032
      View Details
    • Value Estimation by Request
      4,500 SF

      1922 Us-40 #6

      Day care centers
      1922 Us-40 #6, Heber City, UT 84032
      View Details
    • Value Estimation
      $1,485,000
      69,109 SF

      95 1580th S

      COMMERCIAL (GENERAL)
      95 1580th S, Heber City, UT 84032-1386
      View Details
    • Value Estimation
      $1,250,000
      70,813 SF

      82 750th N

      COMMERCIAL (GENERAL)
      82 750th N, Heber City, UT 84032-4727
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,960 SF

      Flex Industrial Investment Opportunity

      Multi-tenant flex industrial condo development for sale in Heber City.
      88 W Airport Rd, Heber City, UT 84032
      View Details
    • $4,500,000
      2.52 Acres

      Heber City Investment Opportunity

      2.52 acres with existing warehouse and development potential.
      843 S Main St, Heber City, UT 84032
      View Details
    • $1,499,000

      Pne Holw Dr

      Land
      0 Pne Holw Dr, Heber City, UT 84032
      View Details
    • $1,700,000
      1 SF

      Heber City Commercial Land Opportunity

      1.34 acres of commercial land in Heber City, Utah.
      1380 South Daniels Rd, Heber City, UT 84032
      View Details
    • $2,150,000
      160.00 Acres

      Heber City Land Opportunity

      160 acres in Wolf Creek Ranch near Park City.
      7367 E Frst Crk Rd, Heber City, UT 84032
      View Details
    • $155,000

      Land Available in Heber City

      Land for sale in Wasatch County, Heber City.
      2187 W Westview Dr, Heber City, UT 84032
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      24,773 SF

      Modern Commercial/Industrial Space in Heber

      Modern commercial/industrial space with visibility and regional connectivity.
      2210 West 3000 South, Heber City, UT 84032
      View Details
    • Contact for pricing
      3,939 SF

      Heber City Industrial/Retail Space

      3,939 sqft industrial/retail space available for lease.
      3400 Us-40, Heber City, UT 84032
      View Details
    • Contact for pricing
      3,246 SF

      Renovated Office Space For Rent

      Recently renovated office space with ample parking and excellent visibility.
      150 N Main St, Heber City, UT 84032
      View Details
    • Contact for pricing
      14,450 SF

      Retail Space in High-Growth Area

      Retail property in a high-traffic, high-growth area.
      424-480 N Main St, Heber City, UT 84032
      View Details
    • Contact for pricing

      Retail Space in Wasatch County

      Premier shopping center with approximately 250,000 SF of retail space.
      1274 S Main St, Heber City, UT 84032
      View Details
    • Contact for pricing

      Heber City Commercial Land Parcel

      Prime 2.36-Acre Commercial Lot
      1240 Main St, Heber City, UT 84032
      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.
    551 Powerline Rd
    Heber City, UT 84032
    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
    551 Powerline Rd, Heber City, UT, 84032
    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!