Technical
Financial
Distress signals
Property profile

764 400th W Orem, UT 84057

OFF-MARKET
Warehouses
Property ID
US86-0690534
1,983 SF 0.2 ac lot Built 1998
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 764 N 400 W in Orem, Utah, presents a compelling investment opportunity. The building, designated as Building 1, boasts a total area of 3,397 to 14,574 square feet, spread across two stories. The warehouse space itself comprises 1,043 square feet, complemented by 2,354 square feet of office space. The property features a desirable C2 zoning classification, ensuring versatility for various business applications. Ceiling heights range from 7.5 to 18.5 feet, providing ample vertical space. Access is enhanced by two ground-level 12' x 12' doors. The warehouse benefits from gas forced-air heating. Its strategic location offers excellent access to major transportation arteries, including Interstate 15 and Highway 89, facilitating efficient logistics and distribution. The property is listed at $850,000 and is offered as a single-tenant, NNN lease. The APN is 30030018. This property is ideal for businesses seeking a well-located, functional warehouse space in a thriving Utah County market. Don't miss this chance to acquire a valuable asset in a prime location.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1998
Total area 1,983 SF
Lot 0.2 ac (8,668 SF)
APN 03-003-0018
UPID US86-0690534

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
  • Security Service

Location

764 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
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Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2018
Price N/A
2014
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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