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    OFF-MARKET
    Office buildings

    115 Geneva Rd, Orem, UT 84059-4403

    3,724 SF 0.87 ac lot Built 1960
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US86-1335257
    Property summary
    AI-generated overview

    This exceptional 7,448 square foot traditional office building presents a unique opportunity for a single tenant. Located at 115 North Geneva Road in Orem, Utah, this two-story property boasts a flexible layout incorporating open space, private offices, a conference room, and a break room. The building's APN is 18:017:0008, and it's situated within Utah County. The lease rate is $16 per square foot, triple net (NNN). This property offers a distinct advantage with its adaptable design, catering to a variety of business needs. In addition to the main office building, there is also additional warehouse or flex space available at a separate location (111 N Geneva Road, Vineyard) for potential expansion or complementary operations. This secondary space comprises 13,000 square feet with a 20-foot clear height, phase 3 power, seven grade-level doors, 3,640 square feet of office space, 6,545 square feet of warehouse space, a 144 square foot mezzanine, and a two-story apartment. A storage shed is also included. The lease rate for this additional space is $1 per square foot, triple net (NNN). This combined offering provides a compelling opportunity for businesses seeking a comprehensive and adaptable workspace.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1960
    Total area 3,724 SF
    Lot 0.87 ac (37,767 SF)
    APN 18-017-0008
    UPID US86-1335257
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Muddy Boys Drywall Construction Company
    • Muddy Boys, Inc. Hardware & Home Improvement Interior Design
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Hd Vineyard LLC · 1 yrs held
    Hd Vineyard LLC
    since 2024
    7 recorded transactions
    2024
    2020
    2017
    2017
    2016
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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