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Property profile & analytics
OFF-MARKET
Commercial real estate

1533 1200 Orem, UT 84057

0.87 ac lot
Individually Owned 1-yr Hold
Property ID
US86-0312455
Property summary
AI-generated overview

This exceptional 0.87-acre commercial land parcel presents a remarkable redevelopment opportunity in the thriving city of Orem, Utah. Located at 1533 N 1200 W, this multi-purpose commercial zoned property (Parcel Number: 17:014:0027) boasts excellent visibility and immediate access to I-15, ensuring high traffic exposure for any future development. The asking price is $925,000. The property currently includes an existing 2,212 square foot building, offering potential for renovation or demolition to accommodate a new construction project. Its strategic location in Orem, Utah County, within zip code 84057 (latitude 40.325169, longitude -111.7251941), provides easy access to a robust local economy and a large consumer base. The flexible multi-purpose commercial zoning allows for a wide range of development possibilities, making this an attractive investment for developers seeking a high-impact project with significant growth potential. This is a rare opportunity to acquire a sizable commercial lot in a prime location with excellent visibility and access to major transportation arteries. Don't miss out on this chance to shape the future of Orem's commercial landscape.

Property profile
Verified
Property type Commercial real estate
Lot 0.87 ac (37,897 SF)
UPID US86-0312455
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Joel Gomez · 1 yrs held
Joel Gomez
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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