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Property profile & analytics
FOR LEASE
Warehouses

85 E Bay Blvd Provo, UT 84606

41,253 SF 2.46 ac lot Built 1987
Entity Owned 9-yr Hold Free & Clear
Property ID
US86-0397952
Property summary
AI-generated overview

This exceptional 42,000-square-foot warehouse, built in 1987, presents a significant opportunity. Situated on a 2.46-acre lot, the property boasts a versatile layout perfect for various industrial uses. The building features impressive ceiling heights ranging from 12 to 20 feet, providing ample vertical space for storage or specialized equipment. Loading and unloading are efficient with two dock-high doors equipped with levelers, complemented by two grade-level doors. Ample parking is available with 70 stalls. The warehouse is equipped with a wet sprinkler system for fire protection and benefits from three-phase, 540-amp, 160-volt power. The property is zoned PIC – Provo City Planned Industrial Commercial, ensuring flexibility for a range of businesses. Its central location offers convenient access to numerous amenities and enjoys immediate proximity to the University Avenue I-15 interchange, providing excellent transportation links. The asking price is $7,500,000 ($178.57 per square foot), representing a compelling investment opportunity. The property includes an owner-occupied showroom.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1987
Total area 41,253 SF
Lot 2.46 ac (107,158 SF)
APN 38-102-0008
UPID US86-0397952
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
Current use
Occupant on record · Public records
  • East Bay Studios Film Production Television Studio
  • Harmony Education Services LLC Training Center
  • Image Home Center Carpet & Flooring Store Hardware & Home Improvement
  • FranklinSquires Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bamboo Town LP · 9 yrs held
Bamboo Town LP
since 2016
7 recorded transactions
2024
Price N/A
2020
Price N/A
2016
Price N/A
2016
Price N/A
2016
Price N/A
2014
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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