Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    4000 Us-6 Spanish Fork, UT 84660

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

    Current Use by Public Records

    • Land

    Property Details for 4000 Us-6

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

    Description

    This exceptional four-acre industrial land parcel presents a unique opportunity for businesses seeking ample space and prime location. Situated in Utah County, this single-tenant property boasts a paved and level surface, ensuring ease of use and maneuverability for various industrial applications. The lot is fully fenced, providing security and containment. Its strategic location offers unparalleled visibility from Highway 6, guaranteeing high traffic exposure and brand recognition. Furthermore, the property enjoys convenient access to major interstates, facilitating efficient transportation of goods and personnel. The surrounding area is well-equipped with abundant amenities within a five-mile radius, providing employees with easy access to essential services and conveniences. This property is ideal for businesses requiring substantial outdoor storage, trailer parking, or yard space, offering a combination of accessibility, visibility, and functionality. The level, paved surface is ready for immediate occupancy, eliminating the need for extensive site preparation. The secure, fenced perimeter ensures the safety and security of stored materials and equipment. This exceptional location, coupled with its practical features, makes this industrial land parcel a highly desirable investment opportunity. Contact us today to learn more about this exceptional property and schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spanish Fork
    County
    Utah
    State
    Utah
    Longitude
    -111.589
    Latitude
    40.0787

    Comparable in this City

    • Value Estimation by Request
      81.39 Acres

      Spanish Fork, UT 84660

      Land • 81.39 Acres
      Spanish Fork, UT 84660
      View Details
    • Value Estimation by Request

      4200 800

      Land
      4200 800, Spanish Fork, UT 84660
      View Details
    • Value Estimation by Request
      1.00 Acre

      3371 1150

      Land • 1.00 Acre
      3371 1150, Spanish Fork, UT 84660
      View Details
    • Value Estimation by Request
      1 SF

      1400 3700

      Land • 1 SF
      1400 3700, Spanish Fork, UT 84660
      View Details
    • Value Estimation by Request
      50.00 Acres

      4200 5200

      Land • 50.00 Acres
      4200 5200, Benjamin, UT 84660
      View Details
    • Value Estimation by Request
      5.85 Acres

      900 Haywain Dr

      Land • 5.85 Acres
      900 Haywain Dr, Spanish Fork, UT 84660
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      81.39 Acres

      Prime Spanish Fork Industrial Land

      81 Acres, Utah County, Ideal Development
      Spanish Fork, UT 84660
      View Details
    • Contact for pricing
      2.02 Acres

      Prime Spanish Fork Commercial Land

      2.02-acre commercial lot, high visibility.
      0 Swc Hwy 6 & Powerhouse Rd, Spanish Fork, UT 84660
      View Details
    • Contact for pricing

      Canyon Court Commercial Land

      Six prime commercial lots in Spanish Fork, UT.
      400 Spanish Fork Pkwy, Spanish Fork, UT 84660
      View Details
    • $1,550,000
      50.00 Acres

      Lake Shore Commercial Land - Utah

      50-Acre Redevelopment Site; $1.55M Asking Price
      4200 5200, Benjamin, UT 84660
      View Details
    • $1,454,520
      5.70 Acres

      Prime Spanish Fork Commercial Land

      5.7 Acres, $1.45M, Utah County
      5560 1450, Spanish Fork, UT 84660
      View Details
    • $1,111,500

      Two Parcels of Land Available

      Two parcels of land totaling 11.4 acres for sale.
      5560 S 1450 W, Spanish Fork, UT 84660
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1 SF

      Spanish Fork Industrial Land For Lease

      Massive Industrial Land Parcel Available
      1400 3700, Spanish Fork, UT 84660
      View Details
    • $10 SF/Yr
      800,766 SF

      El Tenedor Logistics Center

      Utah County Industrial Space Available
      1401 300, Spanish Fork, UT 84660
      View Details
    • $10 SF/Yr
      1,948,089 SF

      Global Logistics HQ: Spanish Fork

      1.9M SF Warehouse Space Available
      0 700, Spanish Fork, UT 84660
      View Details
    • $11 SF/Yr
      35,204 SF

      Canyon Creek Business Park Space

      Modern Flex Space in Spanish Fork, UT
      863 1950, Spanish Fork, UT 84660
      View Details
    • Contact for pricing
      193,200 SF

      Spanish Fork Skypark Development

      Nine-building, 2 million-square-foot development in Utah County.
      5768 S 650 W, Spanish Fork, UT 84660
      View Details
    • $1.25 SF/Yr
      1,440 SF

      Flex Units in Industrial Park

      Flex units available for lease or purchase near I-15.
      Main St, Spanish Fork, UT 84660
      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.
    4000 Us-6
    Spanish Fork, UT 84660
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.