Technical
Financial
Distress signals
Property profile

1195 Spg Crk Pl E E Ste Springville, UT 84663

OFF-MARKET
Industrial properties
Property ID
US86-0502995
3,338 SF 0.09 ac lot Built 2006
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 2006
Total area 3,338 SF
Lot 0.09 ac (3,877 SF)
APN 66-890-0004
UPID US86-0502995

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
  • Industrial Manufacturer Production Facility
  • Construction Company
  • Property Management Company
  • Kitchen & Bath Showroom Hardware & Home Improvement

Location

1195 Spg Crk Pl E E Ste Springville, UT 84663-5692
Springville metro Census 2901 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

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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