Property profile

379 University Ave Provo, UT 84601

OFF-MARKET
Office buildings
Property ID
US86-0424215
8,785 SF 0.13 ac lot Built 1967
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional office property, located at 379 N. University Ave in Provo, Utah, offers a variety of flexible leasing options. The building, constructed in 1967, totals 1,200 square feet and sits on a 0.3-acre lot. Currently, 825 square feet of space is available for lease, with the minimum leasable unit being 150 square feet and the maximum contiguous space available being the entire 1,200 square feet. The property is zoned for commercial use and is situated in the Utah County Central submarket within Utah County. This makes it an ideal location for businesses seeking a convenient and accessible office space in a thriving area. The building is classified as a traditional office space, also suitable for executive office needs, and is available for multiple tenants. The property's address is easily accessible and benefits from its location in Provo, Utah, zip code 84601. Interested parties are encouraged to inquire about available space and lease terms. This is a fantastic opportunity to secure office space in a desirable location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1967
Total area 8,785 SF
Lot 0.13 ac (5,663 SF)
APN 04-104-0014
UPID US86-0424215

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Medical Clinic
  • Medical Clinic
  • Family Counselor Counselor

Location

379 University Ave Provo, UT 84601-2854
Provo metro Census 2400 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$575k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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