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15-21 E 400 S 9,781 SF Flex Building Orem, UT 84058 $2,000,000 ($204.48/SF)
EXECUTIVE SUMMARY
Discover the ultimate opportunity to own a highly versatile flex warehouse in the heart of Orem, Utah! This premium property boasts unbeatable convenience, with two independent units—perfect for establishing your business while generating additional rental income from the second suite.
Key Highlights:
• Approximately 9,781ft² with 7,781ft² of adaptable warehouse space—ideal for distribution, storage, or specialized business operations.
• Dedicated office areas spanning roughly 2,000ft² across two spacious suites, offering a comfortable and professional work environment.
• Four overhead doors with two being loading bays to ensure effortless shipping, receiving, and daily workflow efficiency.
• Prime location in a thriving commercial hub, positioning your business for maximum visibility and easy access (Sales Price Includes both Tax ID#'s 17:064:0069 & 17:064:0071 for a total of .77 Acres).
• One unit features a state-of-the-art, negative pressure climate-controlled facility—available for purchase at $100,000, or the seller will remove as
needed.
Take advantage of immediate cash flow: Current owner requires a leaseback through December 31, 2025, providing instant income upon closing.
Don’t miss this rare chance to secure a premium, multi-use commercial property with significant potential and flexibility. Contact the listing agent today for full details and to schedule a private tour!
Link to Drone Footage - https://media.picmyhomes.com/videos/0198609a-5c58-70ed-bbf2-4470e024cb1d
Buyer and Buyers Agent to verify all Information.
Key Highlights:
• Approximately 9,781ft² with 7,781ft² of adaptable warehouse space—ideal for distribution, storage, or specialized business operations.
• Dedicated office areas spanning roughly 2,000ft² across two spacious suites, offering a comfortable and professional work environment.
• Four overhead doors with two being loading bays to ensure effortless shipping, receiving, and daily workflow efficiency.
• Prime location in a thriving commercial hub, positioning your business for maximum visibility and easy access (Sales Price Includes both Tax ID#'s 17:064:0069 & 17:064:0071 for a total of .77 Acres).
• One unit features a state-of-the-art, negative pressure climate-controlled facility—available for purchase at $100,000, or the seller will remove as
needed.
Take advantage of immediate cash flow: Current owner requires a leaseback through December 31, 2025, providing instant income upon closing.
Don’t miss this rare chance to secure a premium, multi-use commercial property with significant potential and flexibility. Contact the listing agent today for full details and to schedule a private tour!
Link to Drone Footage - https://media.picmyhomes.com/videos/0198609a-5c58-70ed-bbf2-4470e024cb1d
Buyer and Buyers Agent to verify all Information.
PROPERTY FACTS Under Contract
| Price | $2,000,000 | Rentable Building Area | 9,781 SF |
| Price Per SF | $204.48 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1989 |
| Sale Condition | Sale Leaseback | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 2.86/1,000 SF |
| Property Subtype | Flex Research & Development | Clear Ceiling Height | 14’ |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 0.77 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | Commercial | ||
| Price | $2,000,000 |
| Price Per SF | $204.48 |
| Sale Type | Investment or Owner User |
| Sale Condition | Sale Leaseback |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 0.77 AC |
| Rentable Building Area | 9,781 SF |
| No. Stories | 1 |
| Year Built | 1989 |
| Tenancy | Single |
| Parking Ratio | 2.86/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | Commercial |
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Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 17-064-0071 | Improvements Assessment | $728,300 |
| Land Assessment | $274,300 | Total Assessment | $1,002,600 |
PROPERTY TAXES
Parcel Number
17-064-0071
Land Assessment
$274,300
Improvements Assessment
$728,300
Total Assessment
$1,002,600
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15-21 E 400 S
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