Technical
Financial
Distress signals
Property profile

135 W 900 N Springville, UT 84663

FOR SALE
Industrial properties
Property ID
US86-0113901
7,834 SF 0.19 ac lot Built 2007
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents three industrial condos located in Springville, Utah, within a single building. The property, identified by APN 47-277-0003, is zoned LIM Light Industrial Manufacturing, offering versatile usage options. Each condo provides ample space, ranging from 8,100 to 24,300 square feet, ideal for distribution, manufacturing, or warehouse operations. The property's classification is Class B, and the lease type is NNN (Net, Net, Net), meaning tenants are responsible for property taxes, insurance, and maintenance. The multi-tenancy structure allows for flexibility and potential for diverse income streams. Situated at 135 W 900 N, Springville, UT 84663, this property offers convenient access to key transportation routes within Utah County. This is a prime opportunity for owner-users seeking a functional and strategically located industrial space. The property's size and zoning make it suitable for a variety of businesses seeking to establish or expand their operations in a thriving Utah County market. The three individual condo units offer flexibility for expansion or potential rental income. This is a rare opportunity to acquire a well-located, versatile industrial property in a desirable area.

Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 2007
Total area 7,834 SF
Lot 0.19 ac (8,102 SF)
APN 47-277-0001
UPID US86-0113901

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
  • Golf Course
  • Theater & Performing Art Venue Music Venue
  • Auto Repair Shop
  • (Bike/Boat/Book/etc) Store Photography Service
  • Coworking & Hybrid Office

Location

135 W 900 N Springville, UT 84663
Springville metro Census 2902 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
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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
$445k

Owner & transaction history

since 2022
4 recorded transactions
2023
Price N/A
2022
Price N/A
2021
Price N/A
2021
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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