Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3742 W 2150 N Lehi, UT 84043

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    New build office space for sale near I-15.

    Property size:
    3,433 SF
    Lot size:
    10.89 Acres

    Property Features for 3742 W 2150 N

    General Information

    Size
    3,433 SF
    Lot size
    10.89 Acres

    We can help!

    Listing Contact
    Kreg Peterson
    Kreg Peterson
    Source: Moodyscre

    Listing Agent: Kreg Peterson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Modern Office Space Available

    Office spaces are available on the second and third floors of a modern, state-of-the-art new build. Located approximately 1 mile from I-15, the building offers a build-to-suit office option and the potential for digital street signage. Building B has two full floors available. Existing tenants include Peak ENT, The Lounge Spa, Alpine Pediatrics, and Vital Care. The property provides an opportunity to join a diverse mix of established businesses in a convenient location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lehi
    County
    Utah
    State
    Utah
    Longitude
    -111.890047
    Latitude
    40.414263

    Nearby Similar for Sale

    • $698,000
      2,410 SF

      Lehi Office/Medical Condo For Sale

      Move-in ready office/medical condo in prime Lehi location.
      240 N 1200 E, Lehi, UT 84043
      View Details
    • $1,600,000
      0.01 Acres

      Upscale Lehi Commercial Investment Property

      High-visibility commercial property with strong income and established brand.
      61 W 3200 N, Lehi, UT 84043
      View Details
    • $1,450,000

      Lehi Office Investment Opportunity

      Stable investment property with consistent income stream in Lehi.
      1220 North St West, Lehi, UT 84043
      View Details
    • Contact for pricing
      3,000 SF

      NNN Leased Retail Opportunity

      NNN leased retail property with repositioning potential in Lehi, Utah.
      2120 N Triumph Blvd, Lehi, UT 84005
      View Details
    • Contact for pricing
      3,844 SF

      Lehi Retail Investment Opportunity

      Nationally tenanted retail asset in Utah's Silicon Slopes.
      3450 Digital Dr, Lehi, UT 84043
      View Details
    • $16,995,000
      73,172 SF

      Lehi Office Building: Prime Investment

      73,172 SF Multi-Tenant Office, 5.80% Cap Rate
      525 850, Lehi, UT 84043
      View Details
    • Contact for pricing
      1,942 SF

      Lehi Office Condo For Sale

      Top floor office condo in Silicon Slopes with I-15 access.
      3051 W Maple Loop Dr, Lehi, UT 84043
      View Details
    • Contact for pricing
      1,997 SF

      Lehi Medical Office Condos for Sale

      Premium Medical Office Space in Lehi, UT
      3668 2150, Lehi, UT 84043
      View Details
    • Contact for pricing
      842 SF

      Retail Space Available For Sale

      Retail property for sale with seller financing in Lehi.
      225 W State St, Lehi, UT 84043
      View Details
    • $1,400,000
      0.65 Acres

      Lehi Retail Property: Prime Location

      0.65-acre retail lot, ideal B&B site.
      59 500, Lehi, UT 84043
      View Details
    • Contact for pricing
      2,415 SF

      Modern Office Space Available

      New build office space for sale near I-15.
      3668 W 2150 N, Lehi, UT 84043
      View Details

    FAQs

    What type of property is this?
    Office units - New build office space for sale near I-15.
    Where is this office units located?
    The property is located at 3742 W 2150 N Lehi, UT.
    What are key features of this property?
    This property features: - Modern, state of the art new builds; - Build to suit offices; - Two full floors available in Building B
    (801) 869-8000 Call to check price and availability
    Request Owner's contact information
    3742 W 2150 N Lehi, UT 84043
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3742 W 2150 N
    Lehi, UT 84043
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3742 W 2150 N Lehi, UT 84043
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Kreg Peterson
    Kreg Peterson
    (801) 869-8000 (801) 869-8092
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!