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Property profile & analytics
OFF-MARKET
Showrooms

1645 1600th N Orem, UT 84057-2499

6,377 SF 17.96 ac lot Built 1986
Entity Owned 2-yr Hold Free & Clear
Property ID
US86-0709846
Property summary
AI-generated overview

This exceptional commercial land lease presents a unique opportunity in the thriving city of Orem, Utah. Located at 1645 W 1600 N St, this property offers a flexible lease of between 1 and 4.16 acres of raw land, zoned HS. The property's address is further identified by its cross street, Geneva Road, a high-traffic thoroughfare boasting an average daily traffic count (AADT) exceeding 16,000 vehicles in 2022, with projections nearing 25,000 vehicles daily in 2024. This significant traffic volume ensures exceptional visibility and accessibility for any commercial venture. The property's APN is 17:022:0024. The site is ideal for a variety of commercial uses, making it an attractive investment for businesses seeking a prominent location with high visibility and substantial traffic flow. This is a single-tenant lease opportunity, providing exclusive use of the leased acreage. The property is situated in Orem, UT, 84057, offering easy access to local amenities and a strong regional economy. Don't miss this chance to secure a prime location for your commercial development. Contact us today to learn more about this exceptional leasing opportunity.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1986
Total area 6,377 SF
Lot 17.96 ac (782,207 SF)
APN 17-022-0015
UPID US86-0709846
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
Current use
Occupant on record · Public records
  • Cook's Farm & Greenhouse Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Cooks Land And Investment LLC · 2 yrs held
Cooks Land And Investment LLC
since 2023
2 recorded transactions
2023
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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