Property profile

49 500 Price, UT 84501

OFF-MARKET
Office Spaces
Property ID
US86-1016127
1,909 SF 0.26 ac lot Built 2005
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Property summary

AI-generated overview

This exceptional Class A executive office building, located at 49 N 500 E in Price, Utah, presents a compelling investment opportunity. Boasting 1,909 square feet of net rentable space on a 0.26-acre lot, this single-tenant property is impeccably maintained and features high-end fixtures and amenities. Built in 2005 and renovated in 2015, the building offers a modern and efficient layout. The interior includes three private offices (with the potential to convert additional rooms into offices), two bathrooms, a kitchen, a printer room, a conference room, a file room, and a reception area. All rooms are equipped with LED lighting. Ample parking is provided with 12 designated spaces, illuminated by automatic LED lighting. High-speed fiber internet is available through Emery Telcom. A Vivint alarm system is currently installed (with a $59/month monitoring fee). The property is zoned C1 and sits conveniently between University Blvd and Main Street, offering easy access to local amenities and businesses. The asking price is $465,000, translating to $243.58 per square foot. This turnkey operation presents a rare opportunity to acquire a well-maintained, high-quality office building in a desirable location. The building's features, combined with its prime location, make it an ideal investment for discerning buyers.

Property profile

Verified
Property type Office Spaces
Year built 2005
Total area 1,909 SF
Lot 0.26 ac (11,326 SF)
UPID US86-1016127

Cap rate & NOI

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

Location

49 500 Price, UT 84501
Price metro
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Value estimations

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Owner & transaction history

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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