Property summary
This exceptional investment opportunity presents a 21,739-square-foot warehouse in Springville, Utah, listed at $4,047,801.80 ($186.20/SF). The property boasts two units: Suite D (6,073 SF) and Suite E-F (15,666 SF), offering a combined total of 21,739 SF. Suite D features a shared outdoor dock-high loading area with a 12'x12' roll-up door. The entire property includes eight ground-level doors, ample parking, and is beautifully landscaped. Currently leased at $21,304.22/month base rent, with estimated NNN fees of $3,260.85/month, this property offers a 6% cap rate factoring in a 5% vacancy. The property's prime location provides easy access to I-15. Additional features include tenant improvements available and locally managed services. Detailed unit breakdowns are available upon request. This is a rare opportunity to acquire a well-maintained, high-demand industrial property in a thriving Utah County location. The property benefits from its attractive landscaping and ample parking. The asking price reflects a strong return on investment, making this an ideal addition to any portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
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Construction Company
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Property Management Company
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Kitchen & Bath Showroom Hardware & Home Improvement
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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