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1530 Mountain Springs Pky 45,843 SF Industrial Building Springville, UT 84663 $7,950,000 ($173.42/SF) 5.68% Cap Rate
Executive Summary
Offered at $7,950,000 ($173.42 PSF), this exceptional investment opportunity features 45,843.7 square feet on 7.8 acres, including approximately 5 acres of surplus land ideal for future development. With a cap rate of 5.68% based on 5% vacancy, the property delivers strong, stable income potential. The facility is equipped with a loading dock and grade-level doors, supporting efficient logistics and a wide range of industrial uses. Currently tenant-occupied with a lease in place through 2030 and a one-year renewal option at market value, this asset ensures reliable long-term cash flow.
Property Facts
| Price | $7,950,000 | Rentable Building Area | 45,843 SF |
| Price Per SF | $173.42 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1987 |
| Cap Rate | 5.68% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.18/1,000 SF |
| Property Subtype | Manufacturing | No. Dock-High Doors/Loading | 2 |
| Building Class | B | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 7.75 AC | Opportunity Zone |
Yes
|
| Zoning | PI1, Springville | ||
| Price | $7,950,000 |
| Price Per SF | $173.42 |
| Sale Type | Investment |
| Cap Rate | 5.68% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 7.75 AC |
| Rentable Building Area | 45,843 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Tenancy | Single |
| Parking Ratio | 2.18/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | PI1, Springville |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 23-001-0056 | Improvements Assessment | $2,056,000 |
| Land Assessment | $2,915,600 | Total Assessment | $4,971,600 |
Property Taxes
Parcel Number
23-001-0056
Land Assessment
$2,915,600
Improvements Assessment
$2,056,000
Total Assessment
$4,971,600
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1530 Mountain Springs Pky
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