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272 W 500 N, American Fork, UT — photo 11 / 37

$1,600,000

272 W 500 N, American Fork, UT 84003

Subtype

Office

Building SF

3,704

$/SF

$432

Lot

0.32 ac

Property Details

Property typeCommercial Sale
SubtypeOffice
Building SF3,704 sqft
Year built1994
Lot size0.32 acres
Current useOffice
Taxes (annual)$3,862
Days on market1
Listed2026-10-09T00:00:00+00:00

Description

11 Bed Assisted Living Facility in American Fork: Rare opportunity to acquire an established 11 bed assisted living facility in American Fork. .32 acre site, this 3,704 SF single level facility was built in 1994 and is designed and licensed to accommodate 11 residents at ALF 1 level of care. The property offers an existing assisted living operation in a residential setting, with convenient access from 500 North and parking on the east side of the property. With an established facility, 11 resident beds, and a well located American Fork property, this is an excellent opportunity for an assisted living operator or investor looking to acquire an existing senior care facility in Utah County. Multiple vacant lots surrounding the property for possible expansion. Property Highlights 11 bed assisted living facility 3,704 SF building 0.321 acre lot Built in 1994 Single level facility Licensed for ALF 1 level of care R1 7500 zoning Existing assisted living use is conditionally legally conforming 4 parking spaces American Fork, Utah location. Offered as part of a two property assisted living portfolio, not available for individual purchase.

Listed by Nate Julian · Real Estate Essentials

Location

272 W 500 N, American Fork, UT 84003

Cap Rate Calculator

Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.

Cap Rate

5.25%

$/SF

$432

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($45,220)
Effective gross income$129,200/yr
Operating expenses$45,220/yr
Derived NOI$83,980/yr

Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/10/2026, 1:50:46 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.