Peg Development

4.1★★★★☆(52 reviews)

145 W 200 N Suite 100, Provo, UT 84601

Provo, Utah, United States

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Business facts

Estimated annual revenue~$9.4M
Estimated employees~19
Estimated wage bill~$2.5M
In business since2011
Based on reported payroll data

Area statistics (84601)

Population32,069
Median household income$59,351
Source: US Census ACS

About

PEG Development is the premier real estate investment platform in the Intermountain West, known for creating opportunities through grit, ingenuity, and knowledge. The company values transparency, integrity, creativity, and returns, and is committed to building quality relationships with partners and investors. With expertise in all phases of the development process, PEG Development offers comprehensive oversight of projects from conceptualization to operation. Founded in 2003, the company has remained dedicated to developing quality real estate projects that create value and return for investors, end users, and communities.

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Price
$$
Wheelchair Accessible
Parking, Yes
Categories: Real Estate Developer.
ISIC Codes: 6820.

Market analysis

Earning above its category median in a stable category (Real Estate Developer).

EstimateCategory trend: 2024, +1.9%

Revenue trend (modeled)

~$5.3M2019
~$6.1M2020
~$7.1M2021
~$7.0M2022
~$7.7M2023
~$9.4M2024
Modeled from official industry statistics+12.1%/yr since 201980% confidence band: ±42%

Company profile

Incorporated2003 (UT)
Employees (reported band)11-17
Facility size~13,600 sq ft
Observed

Property

Lot size1.70 acres
CountyUtah
ObservedPublic assessor / cadastre record

Federal support (SBA)

EIDL advance grant (2020)$1.0K · 1 jobs reported
ObservedSource: US SBA public records

Category context

BusinessesTotal revenueMeanMedianMedian ratingvs median
Real Estate Developer in Utah421~$1.1B~$2.6M~$802.2K4.3★12×
Category revenue trend2024: +1.9%2023: -8.8%2022: +6.6%2021: +18.6%Modeled from business-level estimates
Chain pressure115 chains expanding in this category, led by First American Title, Andrew Dudley, Nebo Real Estate (+517 locations since 2016)

Revenue trajectory vs benchmarks (indexed, 2019 = 100)

Estimate

Immediate area (1 km)

BusinessesTotal revenueMeanMedianJobsEstimated wage billvs median
1 km area (all businesses)615~$754.4M~$1.2M~$483.8K3,157~$223.2M19×
Real estate activities110~$127.4M~$1.2M364

1 km area (all businesses): median from the 531 of 615 businesses with estimates

Estimate

Area conditions (84601)

Population32,069 ±1,314
Median household income$59,351 ±$4,082
Median home value$341,900
Bachelor's degree or higher0.3%
Unemployment rate0.0%
Source: US Census ACS
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