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Property profile & analytics
OFF-MARKET
Medical Office Space

2230 University Pkwy Ste 10a Provo, UT 84604-1594

2,300 SF 0.06 ac lot Built 1981
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US86-0618301
Property summary
AI-generated overview

This exceptional investment opportunity presents two leased, second-floor executive office suites totaling 3,248 square feet within the well-maintained Cottontree Square complex in Provo, Utah. Located at 2230 N University Pkwy, 84604, this Class B property boasts an attractive brick and wood exterior and ample surface parking. The suites, each approximately 1,792 square feet, feature a blend of private offices and open work areas, ideal for a variety of business needs. Currently under a 3-year lease, this property offers immediate cash flow potential. The asking price is $675,500, translating to $207.97 per square foot. The building is conveniently situated near University Place Mall, Brigham Young University, numerous restaurants and hotels, and the Provo River walking trail. Its prime location on University Parkway provides excellent visibility and accessibility, further enhanced by its proximity to a major public transportation stop. The meticulously landscaped grounds and common areas add to the overall appeal. This property offers a unique opportunity to either occupy one suite and lease the other, or to operate as a purely investment property with existing lease agreements in place. The building features an elevator for convenient access to the second floor. Renovations were completed in 2024. This is a turnkey opportunity for a savvy investor seeking a strong return in a desirable location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1981
Total area 2,300 SF
Lot 0.06 ac (2,483 SF)
APN 36-298-0032
UPID US86-0618301
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
  • Dr. Donald R. Gifford, DDS Dental Office
  • RIDGELINE ACCOUNTING Accounting Firm Tax Preparation
  • TPM, Inc. Real Estate Agency
  • Sienna Development LLC Engineering Consultant
  • Vizzini's House of Escapes Arcade & Gaming Center
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
by Request
Owner & transaction history
Tal Holdings LLC · 4 yrs held
Tal Holdings LLC
since 2021
3 recorded transactions
2021
Price N/A
2011
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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