727 Utah Vly Dr American Fork, UT 84003-3345
- Office buildings
- 55,949 SF
- 1.93 lot acres
Current Use by Public Records
- Office buildings
Property Details for 727 Utah Vly Dr
- Year built
- 1998
- Lot size
- 1.93 lot acres
- Property size
- 55,949 SF
- Property type
- Office buildings
- APN
- 57-024-0034
- APU
- 570240034
Description
This exceptional three-story, 55,949 square foot Class B office building in American Fork, Utah, is available for $7,149,000. Located in a Commercial (Opportunity Zone) on a 4.14-acre lot, this vacant property presents a significant redevelopment opportunity. The building's executive office layout offers versatile spaces across three levels, ideal for owner-users or investors seeking a prime location. With a projected capitalization rate of 9%, and an estimated annual operating expense of $7.50 per square foot, this property promises strong returns. The expansive lot size provides significant excess acreage for future expansion projects. The strategic location in American Fork offers easy access to numerous amenities, including shopping, dining, and entertainment venues. The land value is $127.78 per square foot. The lease type is NNN. This is a truly exceptional investment opportunity in a thriving Utah County location. The property is zoned for commercial use and benefits from its Opportunity Zone designation. The building's size and location make it suitable for a variety of businesses and redevelopment projects. This is a rare chance to acquire a substantial commercial property in a high-demand area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- American Fork
- County
- Utah
- State
- Utah
- Longitude
- -111.78
- Latitude
- 40.3594
- CBSA code
- 39340
- CBSA name
- PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
