Real Estate, Orem, Utah, Pad Sites, Retail, Multi Use Commercial, Multi-Family, High Density Residen
Our Price: $1,900,000
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Global Remarketing
801-358-3716
gary@globalremarketing.net
1153 N. State St
Orem, UT 84057

Real Estate, Orem, Utah, Pad Sites, Retail, Multi Use Commercial, Multi-Family, High Density Residen


$1,900,000
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Dealer Comments


This land site is a prime retail commercial or multi use commercial development opportunity in downtown Orem, Utah in the growing Utah Valley. The property is located on State Street which provides an excellent marketing window. Excellent egress and 53,000 traffic count. Very little demolition and site preparation is expected.

Access to Jobs/Services: The property is located on State Street in Orem providing residents access to a growing number of jobs and services in Orem and the surrounding areas. The ever popular University Mall is 3.5 miles south of the property. Shopping and restaurants abound along State Street, as well. The property is 43 miles from the Salt Lake International Airport and 10 miles from the Provo Municipal Airport. Public transportation includes road, bus, and FrontRunner South (Utah’s high-speed rail system). The nearest FrontRunner station is 5 miles southwest of the subject property. The FrontRunner South line provides service from Provo to Salt Lake City and continuing up to Ogden.

POTENTIAL USE:
* Retail
* Commercial
* Apartments
* Senior Housing
* Assisted Living


ACREAGE: 2.46

ZONING: C-2

PARCELS: 362100009, 362100001, 170370075

PRICE PER ACRE: $77,357.00*

PRICE PER SQUARE FOOT: $17 to $40*
(*depending on corner/frontage/position/size needed)

NEIGHBORHOOD
NORTH:
* Auto Zone Store
* MoxTek Xray Optics
* Carls Jr
* Jacks Tire and Oil
* Subway Sandwich
* Rite Aid Pharmacy
* Del Taco
* Radio Shack
* Ridleys Grocery Store
* Ace Hardware
* McDonalds
* Commercial Offices

EAST:
* State Street
* O-Reilly Auto Parts Store
* Moto Frugals Motorcycles and ATV's
* Sun River Gardens Garden and Landscape Center
* Various Auto Garages

SOUTH:
* Condominiums
* Convenience Store
* Wendy's
* Jiffy Lube
* Walgreens
* Macey's

WEST:
* Condominiums
* Residential Housing
* Bonneville Elementary School

SHOPPING:
* Macey’s Grocery (1 Min)
* Walgreen’s (1 Min)
* University Mall (9 Mins)
* Target (5 Mins)
* Wal-Mart (5 Mins)
* Smiths (3 Mins)
* Harmons (4 Mins)
* Costco (7 Mins)
* Kohls (10 Mins)
* Sports Authority (9 Mins)
* Winco Foods (3 Mins)

SCHOOLS
* Bonneville Elementary (1 Min)
* Windsor Elementary (2 Mins)
* Orem Jr High (2 Mins)
* Canyon View Junior High School (4 Mins)
* Timpanogos High School (3 Mins)
* Orem High School (5 Mins)
* Mountain View High School (5 Mins)

COLLEGE
* Utah Valley University (8 Mins)
* BYU Provo (12 Mins)

HOSPITALS
* Orem Community Hospital (3 Mins)
* Utah Valley Specialty Hospital (4 Mins)
* Timpanogos Regional Hospital (3 Mins)
* North Orem InstaCare (1 Min)

PARKS & RECREATION
* Utah Lake Lindon Boat Harbor (5 Mins)
* Bonneville Park (1 Min)
* Northridge Park (3 Mins)
* SCERA Outdoor Theater Park (5 Mins)
* Cascade Golf Course (9 Mins)
* Sundance Resort (20 Mins)

TRANSPORTATION
UTA bus Route 804 services at location:
* Lindon/Orem/PG/SLC Express

UTA bus Route 810 services at location:
* American Fork Express

UTA bus Route 850 at location:
* Entire State Street shuttle

UTA Front Runner High Speed Rail Commuter:
* Provo/Salt Lake City/Ogden (5 Mins)

APARTMENT LAND RATINGS:
* Location: B+
* Marketing Window: A
* Access to Jobs / Services: A-

NEARBY JOBS
Utah Valley University (UVU):
* Approximately 30,000 full-time students attend.
* Employs approximately 5,000 people.

Brigham Young University (BYU):
* The largest privately held university worldwide.
* Employs approximately 20,000 people.

University Mall:
* Two miles from subject property.
* Surrounding University Parkway area 3,500 jobs.

Intermountain Health Care hospital in Utah Valley:
* Employs close to 4,000 people.

Provo Towne Center, Costco and surrounding retail:
* Employs over 2,500 people.


CONTACT:
Gary Sorrells
1145 No. State Street
Orem, UT 84057
gary@globalremarketing.net
Cell: 801-358-3716
Fax: 866-499-2762

Vehicle Details

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We make every effort to present information that is accurate. However, it is based on data provided by the vehicle manufacturer and/or other sources and therefore exact configuration, color, specifications & accessories should be used as a guide only and are not guaranteed. Under no circumstances will we be liable for any inaccuracies, claims or losses of any nature. Furthermore, inventory is subject to prior sale and prices are subject to change without notice, cannot be combined with any other offer(s), do not include taxes, registration fees, finance and/or documentation charges. To ensure your complete satisfaction, please verify accuracy prior to purchase.

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