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Property profile & analytics
FOR LEASE
Flex space

863 E 1950 N Spanish Fork, UT 84660

69,508 SF 4.24 ac lot
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US86-0516439
Property summary
AI-generated overview

This exceptional 35,204-square-foot flex space, located within the highly sought-after Canyon Creek Business Park in Spanish Fork, Utah, presents a unique opportunity for businesses seeking a versatile and modern workspace. Building 3, constructed in 2013, offers a total of 35,204 square feet of adaptable space, divisible to a minimum of 17,385 square feet. The entire building is currently vacant, providing a blank canvas for tenant improvements tailored to specific operational needs. The property boasts impressive features including a 24-foot ceiling height, 12 dock-high doors, and 4 drive-in doors, making it ideal for various industrial and distribution uses. Ample parking is available with 74 spaces. The 4.24-acre lot provides ample room for expansion or outdoor storage. The property is zoned LI and features a convenient location in the Utah County South submarket, with the address being 863 E 1950 N, Spanish Fork, UT 84660. This prime location offers easy access to major transportation routes and a thriving business community. The property's modern design and functional layout make it an attractive option for a wide range of businesses, from light manufacturing and warehousing to research and development. Don't miss this chance to secure a premier space in a rapidly growing area.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Total area 69,508 SF
Lot 4.24 ac (184,825 SF)
APN 26-051-0081
UPID US86-0516439
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Raven Building 3 LLC · 3 yrs held
Raven Building 3 LLC
since 2022
6 recorded transactions
2023
Price N/A
2022
Price N/A
2021
Price N/A
2019
Price N/A
2011
Price N/A
2010
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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