With State Street frontage and an ADT of 47,000, this prime location in Orem is a fantastic spot for your next real estate investment. This land neighbors Covington Senior Living and Barry Family Dental Group, with multi-family housing to the south.
Price: $1,900,000
Location: 1901 North State Street, Orem, Utah
Lot Size: 1.58 acres
State Street frontage
ATD: 47,000
High traffic area — call for details!
Orem, Utah, situated in Utah County, is a vibrant city known for its strong economy, educated workforce, and growing population. With a population of over 97,000 people as of 2021, Orem is the fifth-largest city in Utah. The city boasts a diverse economy with a focus on technology, education, and healthcare sectors, thanks in part to its proximity to Brigham Young University and Utah Valley University. Its strategic location along the Wasatch Front, between Provo and Salt Lake City, provides easy access to major transportation routes and a large consumer base. Due to its economic stability, favorable business environment, and projected population growth, Orem presents a promising opportunity for commercial real estate investment and development. Whether it’s retail, office space, or mixed-use developments, it offers the potential for attractive returns and long-term viability in a flourishing community.
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