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Property profile & analytics
FOR LEASE
Retail space

455 N University Ave Provo, UT 84601

23,048 SF 0.52 ac lot Built 1960
Entity Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US86-0685847
Property summary
AI-generated overview

This exceptional 5,200 square foot office building in Provo, Utah, presents a unique investment opportunity. Located at 455 N University Ave, 84601, this property offers flexible space options suitable for a variety of businesses. The building, constructed in 1970, sits on a 0.67-acre lot and is currently fully vacant, providing immediate occupancy for a new tenant. The space is available as a whole (5,200 square feet) or can be subdivided to accommodate smaller tenants, with a minimum divisible space of 250 square feet. This allows for significant adaptability to suit diverse business needs and sizes. The property is classified as both traditional office space and coworking space, catering to a broad range of potential occupants. Its central location in Provo, Utah County, offers excellent accessibility and visibility. The building's total square footage is 5,200 square feet, providing ample room for expansion or multiple tenants. This is a rare opportunity to secure a well-located, versatile office space in a thriving Utah market. The property's multiple tenancy option allows for diverse income streams and potential for long-term growth. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 23,048 SF
Lot 0.52 ac (22,608 SF)
APN 04-105-0024
UPID US86-0685847
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
  • Cameron Bennett Realtor Real Estate Agency
  • Farmers Insurance - Ruben Granados Insurance Agency
  • Stringham West Realty Real Estate Agency
  • Synergy Legal Services / Somoza Law Firm Consultant
  • Cory Bushman Counselor
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
WINTERTON ENTERPRISES
WINTERTON ENTERPRISES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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