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    OFF-MARKET
    1031 exchange properties

    600 Geneva Rd, Vineyard, UT 84058

    69,000 SF 3.32 ac lot Built 2016
    Property ID
    US86-0771749
    Property summary
    AI-generated overview

    This exceptional mixed-use investment opportunity is located at 600 S Geneva Rd, Orem, Utah, in Utah County, zip code 84058. The property boasts a substantial 69,000 square feet of net rentable space within a single, five-story building constructed in 2016. Situated on a generous 3.315-acre lot, this property offers a diverse range of amenities, including a pond, a full-size basketball court, and dedicated athletic facilities, in addition to a wrestling gym. The building currently enjoys a 95% occupancy rate, generating a strong net operating income (NOI) of $1,020,646. The property's diverse tenant mix includes office spaces and residential units, making it an attractive investment for a variety of buyers. The property is currently configured to serve the needs of Telos U, a provider of inpatient and outpatient adolescent therapy. This sale/leaseback opportunity presents a unique chance to acquire a high-performing asset in a desirable location. The property's substantial size, strong NOI, and diverse amenities make it an ideal investment for those seeking a stable and high-return opportunity in the Utah market. The property's location in Orem, Utah offers easy access to major transportation routes and a thriving local economy. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use property with significant upside potential.

    Property profile
    Verified
    Property type 1031 exchange properties
    Year built 2016
    Total area 69,000 SF
    Lot 3.32 ac (144,401 SF)
    UPID US86-0771749
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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