Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    145 Geneva Rd Vineyard, UT 84059
    Back to Search
    Property profile & analytics

    145 Geneva Rd, Vineyard, UT 84059

    View on Map
    • Distribution properties
    • 980 SF
    • 2.15 lot acres
    Off-Market
    Last Sale Mar 18, 2022
    Property ID
    US86-0817483
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Distribution properties

    Property Details for 145 Geneva Rd

    Year built
    2012
    Lot size
    2.15 lot acres
    Property type
    Distribution properties
    APN
    18-017-0010
    APU
    180170010

    Description

    This exceptional retail property, located at 145 N Geneva Rd in Vineyard, Utah (zip code 84057), offers multiple spaces ranging from 900 to 11,000 square feet. The property is a multi-tenant shopping center with excellent visibility and accessibility. Two spaces are currently available. One space is a pad site adjacent to O'Reilly Auto Parts, featuring a drive-thru capability. This pad site is available as a ground lease or build-to-suit. The other available space is an end-cap in a multi-tenant building situated next to Wendy's, also offering a drive-thru. This vibrant retail center enjoys a high-traffic location, sharing its area with prominent national brands including Top Golf, Megaplex Theatres, McDonald's, Mister Car Wash, Jiffy Lube, and Dairy Queen. The property's strategic location in Utah County provides access to a strong consumer base and significant growth potential. This is an ideal opportunity for businesses seeking high-visibility retail space in a thriving community. The property's proximity to major roadways ensures easy access for customers and employees. The available spaces present a unique chance to establish or expand a retail presence in a highly desirable location. Detailed lease terms and build-to-suit options are available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vineyard
    County
    Utah
    State
    Utah
    Longitude
    -111.734
    Latitude
    40.2994
    CBSA code
    39340
    CBSA name
    PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,100
    $0.00
    $0.00
    $1,268,200
    -
    $1,185,300
    $82,900
    $1,268,200

    Comparable in this City

    • Value Estimation by Request
      81,102 SF

      526 1750th N

      DISTRIBUTION WAREHOUSE
      526 1750th N, Vineyard, UT 84059-8100
      View Details
    • Value Estimation by Request
      9,288 SF

      1042 Geneva Rd

      MINI-WAREHOUSE, STORAGE
      1042 Geneva Rd, Orem, UT 84059-5807
      View Details
    • Value Estimation by Request
      13,000 SF

      111 Geneva Rd

      Flex space
      111 Geneva Rd, Vineyard, UT 84059
      View Details
    • Value Estimation by Request
      6,996 SF

      247 Vineyard Rd

      INDUSTRIAL (GENERAL)
      247 Vineyard Rd, Orem, UT 84059
      View Details
    • Value Estimation by Request
      16,000 SF

      1015 1680th W

      CONDOMINIUMS (INDUSTRIAL)
      1015 1680th W, Orem, UT 84059-2266
      View Details
    • Value Estimation by Request
      36,636 SF

      487 1750th N100-600

      INDUSTRIAL (GENERAL)
      487 1750th N100-600, Vineyard, UT 84059-8102
      View Details

    Similar Nearby for Sale

    • $639,995
      3,023 SF

      Vineyard Duplex: Investment Opportunity

      Duplex in Vineyard, UT with modern layouts and HOA amenities.
      280 N 750 E, Vineyard, UT 84059
      View Details
    • Contact for pricing
      17,967 SF

      Modern Multifamily Investment Opportunity

      18-unit apartment community with resort-style amenities in Vineyard, Utah.
      266 N 590 E, Vineyard, UT 84059
      View Details
    • $4,450,000
      17,962 SF

      Modern Multifamily Building in Vineyard

      Class A apartment building in a rapidly growing Utah city.
      266 N 590 E, Vineyard, UT 84059
      View Details
    • New
      $659,900
      2,944 SF

      Duplex in Edgewater at Geneva

      Stylish duplex with community amenities in Vineyard's desirable Edgewater neighborhood.
      256 N 750 E, Vineyard, UT 84059
      View Details
    • New
      $700,000
      0.45 Acres

      Build-Ready Lake View Home Lot

      Flat, build-ready lot in a master-planned community with utilities stubbed and lake-and-mountain views for a custom build.
      343 W Bay Dr, Vineyard, UT 84059
      View Details
    • New
      $1,320,000
      5,751 SF

      Vineyard Fourplex in Edgewater

      Four-unit multifamily property with community amenities in Vineyard, Utah.
      748 E 125 N, Vineyard, UT 84059
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,300 SF

      Orem Flex/Industrial Space Available

      Flex/Industrial space available for lease in Orem, Utah.
      1014-1046 S 1680 W, Orem, UT 84059
      View Details
    • Contact for pricing

      New Office Building, High Traffic

      New office building in a rapidly growing Utah area.
      307 N Geneva Rd, Vineyard, UT 84059
      View Details
    • Contact for pricing
      120,000 SF

      Urban Community Retail Space

      45-acre urban community with retail space for lease.
      769 N Ingot Rd, Orem, UT 84059
      View Details
    • Contact for pricing
      11,000 SF

      Retail Space Near UVU Expansion

      Retail space anchored by Larry H. Miller megaplex theater.
      542 N Ml Rd, Orem, UT 84059
      View Details
    • Contact for pricing
      7,460 SF

      Retail Space Near UVU Expansion

      Retail space anchored by Larry H. Miller megaplex theater.
      614 N Ml Rd, Orem, UT 84059
      View Details
    • Contact for pricing
      2,852 SF

      Vineyard Office Space Available

      Office space available for lease in Vineyard, Utah.
      1075 S 1675 W, Vineyard, UT 84059
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    145 Geneva Rd
    Vineyard, UT 84059
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    145 Geneva Rd, Vineyard, UT, 84059
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!