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115 S Orem Blvd
Orem, UT 84058
Orem Commercial Land · Land For Sale
·
0.83 AC
Investment Highlights
- 260' Frontage on Orem Blvd
- Traffic: 11,000 AADT on Orem Blvd
- Located in the Heart of Orem, UT
- Zoned C2 - Commercial
- Next to #1 Target in Utah (1 of 17 - Placer AI)
- All utilities at or adjacent to property
Executive Summary
Sale Price: $725,000
Ground Lease: $65,000/Year NNN
Property Facts Under Contract
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 0.83 AC |
| Zoning | C2 - Commercial Zoning | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.83 AC |
| Zoning | C2 - Commercial Zoning |
1 Lot Available
Lot
| Price | $1,007,170 CAD | Lot Size | 0.83 AC |
| Price Per AC | $1,213,457.81 CAD |
| Price | $1,007,170 CAD |
| Price Per AC | $1,213,457.81 CAD |
| Lot Size | 0.83 AC |
Description
Rare opportunity to acquire 0.83 acres of C2-zoned commercial land in the heart of Orem, Utah. Situated along Orem Boulevard with 260 feet of frontage, this site offers exceptional visibility and access in one of Utah County's most active retail corridors. The property sits adjacent to the #1 ranked Target in Utah — drawing consistent, high-volume traffic year-round. Surrounding national and regional tenants include Vessel Kitchen, Village Baker, Smith's, Tractor Supply Co., McDonald's, Taco Bell, Chick-fil-A, Wells Fargo, Café Rio, Zupas, and more, establishing this as a proven retail destination. With 11,000 AADT on Orem Blvd and proximity to Center Street (34,400 AADT) and State Street (45,900 AADT), the site benefits from outstanding regional accessibility. The immediate trade area supports over 127,000 residents within a 3-mile radius and a 2023 median household income of $86,140 — reflecting a strong, established consumer base. Available for outright purchase or ground lease, this pad-ready site is well-suited for quick-service restaurant, financial, medical, automotive, or specialty retail development.
