Orem, Utah, is an attractive destination for investors seeking Industrial Properties For Sale, offering a unique blend of economic growth, infrastructure, and amenities. Industrial Properties in Orem represent a diverse range of investments, from warehouses and manufacturing facilities to distribution centers and research and development spaces. With its strategic location near Utah Lake and the Mount Timpanogos/Wasatch Mountain range, Orem provides an ideal setting for businesses to operate and thrive. The city's infrastructure, including the Frontrunner train and UVX bus rapid transit system, ensures easy connectivity to surrounding areas. Additionally, Orem is home to Utah Valley University, which provides a skilled workforce and opportunities for collaboration. The city's diverse economy, featuring companies like Blendtec, Bluehost, and Novell, further reinforces its appeal as a prime location for Industrial Properties.
Orem's Industrial Properties For Sale offer a unique opportunity to tap into the city's growing economy. With 2 available listings, investors can find the perfect property to suit their needs. The average price per square foot is $245 USD, and the average size of Industrial Properties is 9,090 square feet, with the largest property spanning 9,781 square feet. The average cap rate is. In addition to Industrial Properties, Orem also offers Warehouses, Land, Apartment Buildings, and Commercial Real Estate opportunities. The city's proximity to Utah Lake and the surrounding mountains makes it an attractive location for businesses and residents alike. With its diverse economy, skilled workforce, and excellent infrastructure, Orem is an ideal location for businesses to grow and succeed.
What is the average price per square foot for industrial properties in Orem?
The average price per square foot for industrial properties in Orem is $245 USD.
How do location and transportation access affect industrial property values?
In Orem, Utah, the location and transportation access of industrial properties significantly impact their values, with proximity to major transportation hubs and infrastructure contributing to higher property values.
- Industrial properties near the Frontrunner train station, UVX bus rapid transit system, and major highways like Interstate 15 and US Highway 89 tend to have higher values due to the ease of transportation and access to a large workforce.
- The availability of regular bus services and state routes like SR-52, SR-114, SR-241, and SR-265 also influences property values, as it affects the convenience and efficiency of logistics and supply chain management.
- Furthermore, the proximity to Utah Lake, Utah Valley University, and other major amenities in Orem can also impact industrial property values, as they provide access to a skilled workforce, recreational opportunities, and a diverse range of businesses and services.
