1533 1200 Orem, UT 84057
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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