244 Main St Spanish Fork, UT 84660-1783
Property Lookup
Property profile & analytics
244 Main St Spanish Fork, UT 84660-1783
- Warehouses
- 5,819 SF
- 0.31 lot acres
Property ID
US86-0116662
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 244 Main St
- Year built
- 1998
- Lot size
- 0.31 lot acres
- Property size
- 5,819 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 07-068-0011
- APU
- 70680011
Description
This exceptional Spanish Fork, Utah commercial property, located at 244 N Main St, presents a unique owner-user or lease-up opportunity. The 5,819 square foot building, constructed in 1997 and renovated in 2023, boasts a Class B designation and is situated on a 0.31-acre lot. The property features a mix of creative office, storefront, and traditional office spaces, currently housing one tenant (Preloved) with a lease expiring November 30, 2026. The existing lease generates a net operating income (NOI) of $51,600 annually. The building includes 15 parking spaces and offers 3,200 square feet of immediately available space, plus a 1,300 square foot rear warehouse ideal for shipping and receiving. The property benefits from a high-traffic location with 37,000 average annual daily traffic (AADT), significant consumer spending ($374,657,985 within 2 miles), and substantial daytime employment (9,123 within 2 miles). The asking price is $1,450,000 ($249.18 per square foot), with a triple net (NNN) lease structure. The building is two stories tall, with a permitted zoning of Commercial and a 27' building height allowing for crown signage. Lease options are available. The property is offered fee simple. Currently, the occupancy is 45%, with full occupancy expected by November 1, 2024. This is an excellent investment opportunity in a thriving commercial area.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Spanish Fork
- County
- Utah
- State
- Utah
- Longitude
- -111.654
- Latitude
- 40.1129
- 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
2024
$7,463
$0.00
$0.00
$769,200
-
$303,100
$466,100
$769,200
