www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
21529230
21529229

1875 S State St, Orem, UT 84097

CB
UT 6026252-SA00, UT
Summit Commercial Advisors
Listed by Summit Commercial Advisors
$8,988,525
513 days on market
Updated 69 days ago

Central Park West

Details
Property Type Office
Sub Type Traditional Office
Square Footage 46,095
Units 4
Tenancy Multi
Year Built 1978
Acreage 1.790
Zoning C2
Tenant Credit Credit Rated

Office | 46,095 SqFt

Marketing description

PROPERTY SPECS

• 46,095 SF

• Sale Price: $10,371,375.00 ($225 PSF)

• Central Location

• Fiber in Building

• Excellent Parking

• UTA stop right next to the building

• Fitness Center in neighboring Central Park East

• New outdoor basketball and pickleball court

Investment highlights

Positioned at 1875 S. State Street in Orem, this exceptional investment opportunity offers an outstanding combination of scale, stability, and location. Encompassing 46,095 square feet and attractively priced at $195/SF ($8,988,525), the property delivers a solid 5.5% cap rate with just 5% vacancy. Ideally located near both Brigham Young University and Utah Valley University, it benefits from consistent demand driven by a thriving local economy anchored by major technology companies, healthcare providers, and educational institutions. Tenants enjoy newly renovated office suites, ample parking, easy access to public transportation, and premium amenities including an indoor fitness center, racquetball courts, and new basketball and pickleball courts. With credit tenants in place and full ADA compliance, this asset presents a compelling opportunity for investors seeking reliable income and long-term appreciation in one of Utah’s most dynamic markets.

Listing Contacts

CB
UT 6026252-SA00, UT
Summit Commercial Advisors
Listed by Summit Commercial Advisors

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
C2 CommercialGeneral CommercialCommercial Zone
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 367 uses
View all 367 uses
Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Cody Black
License
6026252-SA00
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591