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    1657 N State St Lehi, UT 84043

    For Sale
    $8,000,000

    Recently renovated industrial building in Silicon Slopes submarket.

    Property size:
    40,426 SF
    Lot size:
    2.00 Acres

    Property Features for 1657 N State St

    General Information

    Size
    40,426 SF
    Lot size
    2.00 Acres

    Source: Newmark | Salt Lake City Agent Bryce Blanchard

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

    Overview

    Lehi Industrial Building For Sale

    This property is located immediately off I-15 in the Silicon Slopes submarket. The property is a recently renovated industrial building featuring a new roof and exterior paint. It is prominently located on State Street, which sees an Average Daily Traffic (ADT) count of 16,000. The property is zoned MU and includes 63 dedicated parking stalls with room for additional stalls. The property contains 40,426 square feet. The location in the office-rich Silicon Slopes submarket, which has a lack of industrial supply, makes this property a rare opportunity for an owner user.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Adaptive Workshops Corporate Entertainment Service Athletic Republic Lehi Physical Fitness Program Sweet Escape Photo ... Photography Studio Roots Combat Club Martial Arts School 1-800-PLUMBER +AIR Plumber

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    AAA Self Storage, 1st Lehi Storage, 1st Lehi Storage, Fort Knox Storage of Lehi

    Location Insight

    • Map
    • Local Demand
    City
    Lehi
    County
    Utah
    State
    Utah
    Longitude
    -111.8636002
    Latitude
    40.4079937

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    FAQs

    What type of property is this?
    Warehouse - Recently renovated industrial building in Silicon Slopes submarket.
    Where is this warehouse located?
    The property is located at 1657 N State St Lehi, UT.
    What is the asking price?
    The asking price for this property is $8,000,000.
    What are key features of this property?
    This property features: - Rare opportunity for an owner user due to lack of industrial supply in the Silicon Slopes submarket.; - Immediately off I-15 in the office-rich Silicon Slopes.; - Recently renovated industrial building with a new roof and exterior paint.
    (801) 578-5555
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    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
    1657 N State St Lehi, UT 84043
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