Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1699 820 Provo, UT 84601
    Back to Search
    Property profile & analytics

    1699 820, Provo, UT 84601

    View on Map
    • Land
    • 1.51 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 1699 820

    Lot size
    1.51 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 1.51-acre industrial land parcel presents a unique investment opportunity in Provo, Utah. Located at 1699 W 820 N, Provo, UT 84601 (APN 21:013:0049), this property is zoned for Manufacturing Park (MP) use, offering significant flexibility for development. The asking price is $1,183,960, translating to a land value of $18 per square foot. Detailed plans for a flex project are included with the purchase, streamlining the development process and minimizing upfront planning costs. This prime location in Utah County provides easy access to major transportation routes, making it ideal for businesses requiring efficient logistics and distribution. The property's size and zoning make it suitable for a variety of industrial uses, from light manufacturing and warehousing to distribution centers and other flex-space applications. This is a rare opportunity to acquire a ready-to-develop industrial site in a thriving Utah market. Don't miss out on this chance to secure a valuable asset in a high-demand location. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.688
    Latitude
    40.2452

    Comparable in this City

    • Value Estimation by Request
      354,143 SF

      652 Lakeview Pkwy

      Distribution properties
      652 Lakeview Pkwy, Provo, UT 84601
      View Details
    • Value Estimation by Request
      32.84 Acres

      3607 Center St

      Land
      3607 Center St, Provo, UT 84601
      View Details
    • Value Estimation by Request
      16,000 SF

      1273 Flight Line Dr

      INDUSTRIAL (GENERAL)
      1273 Flight Line Dr, Provo, UT 84601-8000
      View Details
    • Value Estimation by Request
      1,198 SF

      776 1890th W

      INDUSTRIAL (GENERAL)
      776 1890th W, Provo, UT 84601-1322
      View Details
    • Value Estimation by Request
      1,055 SF

      785 1890th W

      INDUSTRIAL (GENERAL)
      785 1890th W, Provo, UT 84601-1323
      View Details
    • Value Estimation by Request
      1,055 SF

      761 1890th W

      INDUSTRIAL (GENERAL)
      761 1890th W, Provo, UT 84601-1323
      View Details

    Similar Nearby for Sale

    • $3,500,000

      Provo Land For Sale

      Land available in Provo, Utah.
      2507 W 520 N, Provo, UT 84601
      View Details
    • $3,920,400

      Provo Land Parcel For Sale

      Land parcel available in Provo, Utah County.
      1025 W Lakeview Pkwy S, Provo, UT 84601
      View Details
    • $2,668,050

      Provo Land Parcel For Sale

      Land parcel available in Provo, Utah County.
      1175 W Lakeview Pkwy S, Provo, UT 84601
      View Details
    • $159,000
      0.19 Acres

      Provo Land Flag Lot

      Flag lot available in Provo, Utah.
      1060 W 100 N, Provo, UT 84601
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      354,143 SF

      Lakeview Parkway Warehouse Space

      Utah County industrial space; new construction.
      652 Lakeview Pkwy, Provo, UT 84601
      View Details
    • Contact for pricing
      24,000 SF

      New Construction Warehouse Space Available

      New construction warehouse space with tenant improvement options available for lease.
      652 S Lakeview Pkwy, Provo, UT 84601
      View Details
    • Sponsored
      Contact for pricing

      Downtown Provo

      Discover many ways to work your way in Downtown Provo
      180 University Ave, Provo, UT 84601
      View Details
    • Contact for pricing
      6,700 SF

      Warehouse with Easy Freeway Access

      Warehouse space with ground level doors and convenient location.
      711 S University Ave, Provo, UT 84601
      View Details
    • Contact for pricing

      New Warehouse Office Flex Units

      New warehouse, office, and flex units available for lease.
      3155 W Center St, Provo, UT 84601
      View Details
    • $40 SF/Yr

      Retail Site with Drive-Thru Options

      Commercially zoned retail land in a new neighborhood center with prominent frontage and optional drive-thru space.
      1852 W Center St, Provo, UT 84601
      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.
    1699 820
    Provo, UT 84601
    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
    1699 820, Provo, UT, 84601
    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!