Technical
Financial
Distress signals
Property profile

754 400th W Orem, UT 84057

OFF-MARKET
Industrial properties
Property ID
US86-0663657
2,346 SF 0.68 ac lot Built 1998
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional owner-user opportunity presents a 2,346-square-foot warehouse located at 754 N. 400 W., Building 3, in Orem, Utah, zip code 84057. The property is zoned C-2 and offers convenient access to I-15 and Highway 89. The building features a total of 2,346 square feet, with 307 square feet dedicated to office space and 2,038 square feet of warehouse space. Ceiling heights range from 15.5 feet to 18.5 feet, providing ample vertical clearance. The warehouse includes one ground-level 12' x 12' door for easy loading and unloading. Heating is provided by a gas forced-air system. The asking price for this single-tenant, NNN lease property is $600,000. This property is ideal for a business seeking a functional and well-located warehouse space in a thriving Utah County market. The property's size and features make it suitable for a variety of industrial uses. Its strategic location offers excellent accessibility to major transportation arteries, facilitating efficient logistics and distribution.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1998
Total area 2,346 SF
Lot 0.68 ac (29,621 SF)
APN 03-003-0019
UPID US86-0663657

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
  • Medical Clinic
  • Physician
  • Hardware & Home Improvement HVAC Service
  • Alternative Medicine Practice Spa & Massage Center
  • Pediatrician Physician

Location

754 400th W Orem, UT 84057-5702
Orem metro Census 801 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2019
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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