Palmyra, UT Commercial Real Estate for Lease and Sale

Explore 15 listings of Palmyra commercial real estate to find the best space for your business.

Spanish Fork North Airport Industrial Park

3447 North 1340 West, Palmyra, Spanish Fork, UT
Property

Industrial

18,328 SF
Availability

2 Spaces

12,078 SF
For Lease

$1.10/SF/YR
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Spanish Fork North Airport Industrial Park

4200 South 800 West, Palmyra, Spanish Fork, UT
Property

VacantLand
For Sale

$650,000
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Ottesen Farmland 5570 South 1450 West | For Sale

5570 S 1450 W, Palmyra, Spanish Fork, UT
Property

Other
For Sale

$2,565,000
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Maple Lake Farms Land

6154 S 2400 W, Lake Shore, Spanish Fork, UT
Property

Other
For Sale

$1,198,000
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Utah Food Bank Land

900 S 1750 W, Camelot Village, Springville, UT
Property

Other
For Sale Contact for pricing
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588 South 2000 West

588 South 2000 West, Five Star Condo, Springville, UT
Property

Office

80,328 SF
Availability

5 Spaces

79,817 SF
Year Built

2002
For Lease

$18.50 - $21.50/SF/YR
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Spring Haven Industrial Park

2499 W 700 S, Five Star Condo, Springville, UT
Property

Industrial
Availability

1 Space

1,345 SF
For Lease Contact for pricing
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Industrial/Flex Space

175 E 800 N, Spanish Fork, UT
Property

Industrial
Availability

1 Space

1,900 SF
For Lease Contact for pricing
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8th North Business Plaza | For Lease

51 E 800 N, Spanish Fork, UT
Property

Office
Availability

1 Space

1,000 SF
For Lease Contact for pricing
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1117 West 400 South

1117 West 400 South, River Park, Springville, UT
Property

Retail

52,002 SF
Availability

3 Spaces

13,200 SF
Year Built

2016
For Lease

$32.00/SF/YR
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Smith's Marketplace Anchored Center

400 S 1200 W, River Park, Springville, UT
Property

Retail
Availability

1 Space

4,624 SF
For Lease Contact for pricing
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Expressway Business Park

1194 E 1060 N, Spanish Fork, UT
Property

Industrial
Availability

1 Space

2,310 SF
For Lease Contact for pricing
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1400 W 3700 N

1400 W, Benjamin, Spanish Fork, UT
Property

Other
For Sale Contact for pricing
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Springville Industrial Land | For Sale

2095 S State St, Sunrise Ridge, Springville, UT
Property

Other
For Sale

$3,900,000
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1400 W 3700 N

1400 W, Benjamin, Spanish Fork, UT
Property

Other
Availability

1 Space

81.39 Acre
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Palmyra market, there is a total of 18,328 square feet of industrial property.

The listing inventory in Palmyra incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Palmyra is represented by Industrial space, which accounts for 35,262 square feet of available listings.

Meanwhile, most of the listings of commercial property for sale in Palmyra are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Palmyra, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $1.1 per square foot.

The average size of a commercial property in Palmyra depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

Industrial space in Palmyra is in buildings that are, on average 18,328 square feet in size.

Palmyra, UT Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Palmyra currently add up to 35,262 square feet. Industrial space for rent opportunities in Palmyra amount to 35,262 square feet across a total of 2 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Industrial	2	35,262

Palmyra, UT Commercial Real Estate for Lease and Sale

Spanish Fork North Airport Industrial Park

Spanish Fork North Airport Industrial Park

Ottesen Farmland 5570 South 1450 West | For Sale

Maple Lake Farms Land

Utah Food Bank Land

588 South 2000 West

Spring Haven Industrial Park

Industrial/Flex Space

8th North Business Plaza | For Lease

1117 West 400 South

Smith's Marketplace Anchored Center

Expressway Business Park

1400 W 3700 N

Springville Industrial Land | For Sale

1400 W 3700 N

Frequently Asked Questions

Palmyra, UT Currently Available Listings

Commercial Space for Lease Breakdown

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Palmyra, UT Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Palmyra, UT?

What factors affect the price of commercial real estate in Palmyra, UT?

What are the best areas for commercial real estate in Palmyra, UT?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Palmyra, UT?

Palmyra, UT Currently Available Listings

Commercial Space for Lease Breakdown

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