835 W 400 N
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835 W 400 N
1,118 SF Office Building Orem, UT 84057 $749,000 ($670/SF) 6.09% Cap Rate
Executive Summary
*New Price!* Auto Dealership! Remodeled brick office building, zoned C2 which allows for many potential uses. Currently being used as an auto dealership, and was previously used as a spa/beauty salon. Great investment opportunity as the current rents are $3,400/month (with rents increasing to $3,900 in August!) with tenant paying the utilities. The current tenant would love to stay but could vacate if desired. Ample parking, high visibility, and quick freeway access! The building has been remodeled inside and out as well as landscaped with automatic sprinklers. Seller open to seller financing offers
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,118 SF
Building Class
B
Year Built
1970
Price
$749,000
Price Per SF
$670
Cap Rate
6.09%
NOI
$45,600
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,100 SF
Building FAR
0.14
Lot Size
0.19 AC
Zoning
C2 - C2, which allows for a wide array of commercial uses.
Parking
12 Spaces (10.91 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
| Parcel Number | 18-010-0030 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $231,100 |
PROPERTY TAXES
Parcel Number
18-010-0030
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$231,100
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835 W 400 N
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