Property profile

493 Orem Blvd Orem, UT 84058

OFF-MARKET
Office buildings
Property ID
US86-0366823
2,880 SF 0.04 ac lot Built 1998
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional executive office space in Orem, Utah, presents a fantastic opportunity for businesses seeking a prime location. Situated at 493-495 S. Orem Blvd, 84058, this property boasts a total of 2,880 square feet, with 1,440 square feet currently available for lease. The space is designed as a multi-tenant building, offering flexibility for various business needs. The layout includes a blend of open areas and private offices, catering to diverse professional setups. A significant advantage is the inclusion of 1,440 square feet of bonus basement storage space, ideal for inventory, archives, or additional equipment. This provides ample room for expansion and efficient organization. The property is located in Utah County, offering easy access to major transportation routes and local amenities. This is an excellent opportunity to secure a well-appointed office space in a thriving Orem business district. The building's design and features make it suitable for a range of businesses seeking a functional and convenient workspace. The available space is ready for immediate occupancy.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1998
Total area 2,880 SF
Lot 0.04 ac (1,525 SF)
APN 55-418-0007
UPID US86-0366823

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
  • Charitable Organization Social Service Agency
  • Financial Advisor
  • Home Health Care Service
  • Medical Clinic

Location

493 Orem Blvd Orem, UT 84058-3102
Orem metro Census 1108 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$535k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2007
Price N/A
2004
Price N/A
2003
Price N/A
1969
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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