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    Property profile & analytics

    848 980 Orem, UT 84057

    • Medical offices
    • 4,877 SF
    • 0.11 lot acres
    For Lease
    View listing
    $22 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US86-0709960
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mark Rowan / Pediatrician / Practitioner Service Location
    • Ana Dalling / Doctor
    • Landon Hendricks / Pediatrician / Medical School
    • Jesse Alba / Pediatrician / Practitioner Service Location

    Property Details for 848 980

    Year built
    2008
    Lot size
    0.11 lot acres
    Property size
    4,877 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    42-069-0105
    APU
    420690105

    Description

    Exceptional medical office condo available for lease in Orem, Utah. This single-tenant space, totaling 5,777 square feet, is situated within the desirable Il Centro Piazza Development. Built in 2008 and renovated in 2019, the building boasts a total of 124,530 square feet across three stories. The property features convenient ground-level access, ample parking (400 spaces), and elevators. The suite's current configuration includes 16 exam rooms, multiple procedure rooms, and staff areas, making it ideal for a variety of medical practices. Its location offers unparalleled convenience, with direct access to I-15 and proximity to Timpanogos Regional Hospital. The property is zoned commercial and located in Utah County at 848 N 980 W, Orem, UT 84057. A significant advantage is the owner's right to install building signage facing 800 North, providing excellent visibility and branding opportunities. This is a fully built-out space ready for immediate occupancy. The building is part of a larger complex with one building.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Orem
    County
    Utah
    State
    Utah
    Longitude
    -111.718
    Latitude
    40.3129
    CBSA code
    39340
    CBSA name
    PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,927
    $0.00
    $0.00
    $1,173,200
    -
    $177,600
    $995,600
    $1,173,200

    Comparable in this City

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      173 400th Wc11

      MEDICAL BUILDING • 2,063 SF
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    • Value Estimation by Request
      2,118 SF

      686 800th N

      MEDICAL BUILDING • 2,118 SF
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      View Details
    • Value Estimation by Request
      3,062 SF

      1443 800th N Ste, Unit 202

      MEDICAL BUILDING • 3,062 SF
      1443 800th N Ste, Orem, UT 84057-2881
      View Details

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    848 980
    Orem, UT 84057
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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