Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    1014-1046 1680 Orem, UT 84058

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1014-1046 1680 Orem, UT 84058

    View on Map
    • Industrial properties
    • 34,320 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 1014-1046 1680

    Year built
    2003
    Property size
    34,320 SF
    Property type
    Industrial properties
    Property subtype
    Manufacturing properties

    Description

    This exceptional manufacturing property, situated in the thriving Orem submarket of Utah County, offers a prime opportunity for businesses seeking versatile industrial space. The single-story building, constructed in 2003, boasts a total of 34,320 square feet, with 8,207 square feet currently available for lease. The property sits on a conveniently sized 1.28-acre lot, providing ample space for loading, unloading, and potential future expansion. The building's classification as a multi-tenant property suggests a collaborative and dynamic environment. The property's location within the Winchester Business Park in Orem offers excellent access to major transportation routes, ensuring efficient logistics and convenient commutes for employees. This is an ideal space for manufacturing operations requiring a blend of modern facilities and strategic location. The available 8,207 square feet presents a unique opportunity to establish or expand a manufacturing business in a thriving Utah County market. The property's 2003 construction suggests relatively modern infrastructure and systems, minimizing potential maintenance concerns. Interested parties are encouraged to inquire further to explore the possibilities this property offers.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.735
    Latitude
    40.2785

    Comparable in this City

    • Value Estimation by Request
      1,074 SF

      532 Commerce Rd, Unit 8

      CONDOMINIUMS (INDUSTRIAL) • 1,074 SF
      532 Commerce Rd, Orem, UT 84058-5897
      View Details
    • Value Estimation by Request
      1,477 SF

      1280 1380th 4th W Ste, Unit 4

      CONDOMINIUMS (INDUSTRIAL) • 1,477 SF
      1280 1380th 4th W Ste, Orem, UT 84058-4912
      View Details
    • Value Estimation by Request
      1,477 SF

      1280 1380th 9th W Ste, Unit 9

      CONDOMINIUMS (INDUSTRIAL) • 1,477 SF
      1280 1380th 9th W Ste, Orem, UT 84058-4912
      View Details
    • Value Estimation by Request
      1,650 SF

      534 Commerce Rd

      CONDOMINIUMS (INDUSTRIAL) • 1,650 SF
      534 Commerce Rd, Orem, UT 84058-5897
      View Details
    • Value Estimation by Request
      8,880 SF

      576 Commerce Rd

      INDUSTRIAL (GENERAL) • 8,880 SF
      576 Commerce Rd, Orem, UT 84058-5897
      View Details
    • Value Estimation by Request
      9,276 SF

      523 Commerce Rd

      INDUSTRIAL (GENERAL) • 9,276 SF
      523 Commerce Rd, Orem, UT 84058-5899
      View Details

    Similar Nearby for Sale

    • $499,000
      1,800 SF

      Orem Duplex: Income and Upside

      Duplex in Orem with updated units and income potential.
      1520 S 280 E, Orem, UT 84058
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      1200 State Highway 89 South, Logan, UT 84058
      View Details
    • $915,000
      3,348 SF

      Orem Multifamily Investment Opportunity

      Multifamily property in prime Orem location with updated units.
      225 W 1030 N, Orem, UT 84058
      View Details
    • $230,000
      0.23 Acres

      Residential Land Near UVU

      0.23 acre lot near UVU, ready to build.
      350 S 1200 W, Orem, UT 84058
      View Details
    • Contact for pricing

      Commercial Land Parcels Available

      Two parcels of land available for commercial use.
      1738 S Geneva Rd, Orem, UT 84058
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,614 SF

      Orem Flex Space Available

      Flex space with easy access, available August 2025.
      518 Commerce Rd, Orem, UT 84058
      View Details
    • $1.27 SF/Yr
      20,600 SF

      Washington County Office/Warehouse Units

      Office and warehouse units in central Washington County available for rent.
      526 S Commerce Dr, Hurricane, UT 84058
      View Details
    • $1.10 SF/Yr

      Office/Warehouse Units For Rent

      Office and warehouse units available for lease.
      526 S Commerce Dr, Hurricane, UT 84058
      View Details
    • Contact for pricing
      5,777 SF

      Orem Flex/Industrial Space Available

      Flex/Industrial space available for lease in Orem, Utah.
      1054-1084 S 1680 W, Orem, UT 84058
      View Details
    • Contact for pricing
      400 SF

      Orem Flex/Industrial Space Available

      Flex/Industrial space available for lease in Orem, Utah.
      1014-1046 S 1680 W, Orem, UT 84058
      View Details
    • Contact for pricing
      10,000 SF

      Orem Warehouse with Freeway Visibility

      10,000 SF warehouse with renovated office space available immediately.
      215 Mountainlands Dr, Orem, UT 84058
      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.
    1014-1046 1680
    Orem, UT 84058
    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.
    Sign Up Successful!
    You now have access to more from Realmo!