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    812 State St Lehi, UT 84043

    For Sale
    $1,700,000

    .76-Acre Lot, I-15 Access, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 0.76-acre parcel presents a unique investment opportunity in the thriving city of Lehi, Utah. Situated on State Street, this property enjoys unparalleled visibility and convenient access to Interstate 15, ensuring excellent connectivity and high traffic exposure. The property's zoning allows for both residential and commercial development, offering remarkable flexibility for a wide range of projects. Imagine the possibilities: a modern commercial building capitalizing on the area's rapid growth, or a thoughtfully renovated existing structure. The strategic location within Lehi's bustling State Street corridor guarantees significant future appreciation. This versatile land offers a blank canvas for ambitious developers and investors seeking to capitalize on the dynamic growth of this prime Utah location. The proximity to I-15 provides seamless access to major transportation routes, connecting your project to a wider market. This is a rare chance to acquire a substantial piece of land in a high-demand area, poised for significant returns. Don't miss this opportunity to shape the future of Lehi's commercial landscape. The potential for both residential and commercial development makes this a truly versatile and valuable asset. The property's size and location combine to create an exceptional investment opportunity in a rapidly expanding market. This is a chance to build something truly remarkable in a city known for its innovation and growth.

    Property Features for 812 State St

    General Information

    Property type
    Industrial properties
    Lot Size
    33,106 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lehi
    County
    Utah
    State
    Utah
    Longitude
    -111.862
    Latitude
    40.40844

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    FAQs

    What type of property is this?
    Industrial property - .76-Acre Lot, I-15 Access, High Visibility
    Where is this industrial property located?
    The property is located at 812 State St Lehi, UT.
    What is the asking price?
    The asking price for this property is $1,700,000.
    (385) 787-7799
    Request Owner's contact information
    812 State St Lehi, UT 84043
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    812 State St Lehi, UT 84043
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