Property profile

5132 300th W 1 Provo, UT 84604

OFF-MARKET
Office buildings
Property ID
US86-0379854
4,279 SF 0.1 ac lot Built 2005
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 20,136 sq ft Class B office building in Provo, UT, presents a compelling investment opportunity. Located in the desirable Riverwoods Business & Research Park, adjacent to the Shops at Riverwoods, this property boasts a 100% occupancy rate with Aptive Environmental, a multi-billion dollar credit tenant, under a NNN lease expiring December 31, 2028 (4.1 years remaining). The lease includes a 3% annual rent increase. The building, constructed in 2005 and renovated in 2022, features upscale finishes, modern amenities including a basketball court, golf simulator, premium lounge, and conference facilities. The two-story building sits on a 2.93-acre lot and offers nine units. The asking price is $4,895,550 ($243.12/sq ft), representing an attractive 8% capitalization rate. This turnkey investment provides exceptional value and long-term growth potential, benefiting from its prime location, strong tenant, and impressive amenities. The property's APN is 34:440:0001, 34:440:0002, 34:440:0008, and 34:440:0009. The property is offered for sale by owner.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2005
Total area 4,279 SF
Lot 0.1 ac (4,487 SF)
APN 34-440-0001
UPID US86-0379854

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
  • Alternative Medicine Practice Spa & Massage Center
  • Real Estate Agency
  • Solar Energy Company Solar Energy System Service
  • Solar Energy Company
  • Garden Center

Location

5132 300th W, Unit 1 Provo, UT 84604-5817
Provo metro Census 1401 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
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Blend (final) Blend
$535k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2021
Price N/A
2011
Price N/A
2006
Price N/A
2005
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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