Technical
Financial
Distress signals
Property profile

1055 300th W Provo, UT 84604

OFF-MARKET
Medical Office Space
Property ID
US86-0697103
107,840 SF 0.98 ac lot Built 1985
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents the Utah Valley Physicians Plaza, a five-building executive office complex ideally situated at 1055 N 300 W in Provo, Utah, 84604. The property boasts a substantial 108,111 square feet of prime office space, currently offered at an attractive asking price of $546,375. This translates to a price per square foot of $235, representing a compelling value in the thriving Provo market. The complex's strategic location in Utah County provides excellent access to major transportation arteries, ensuring convenient commutes for tenants and clients alike. The five individual buildings offer flexibility and potential for diverse occupancy, catering to a range of business needs. This property is an excellent addition to any portfolio seeking strong returns in a dynamic and growing area. Detailed financial information and property specifics are available upon request. The property is zoned for office use and is ready for immediate occupancy or further development. Its established presence in the Provo business community makes it an attractive proposition for investors seeking a stable and profitable venture. This is a rare opportunity to acquire a significant office complex in a high-demand location. Don't miss out on this chance to secure a valuable asset in the heart of Utah Valley.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1985
Total area 107,840 SF
Lot 0.98 ac (42,602 SF)
APN 19-072-0021
UPID US86-0697103

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hospital
  • Hospital
  • Medical Group Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic

Location

1055 300th W Provo, UT 84604-3344
Provo metro Census 1900 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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