Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    300 S 1350 E Lehi, UT 84043

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,972,288

    Office building with I-15 frontage and covered parking.

    Property size:
    15,446 SF
    Lot size:
    2.25 Acres

    Property Features for 300 S 1350 E

    General Information

    Size
    15,446 SF
    Lot size
    2.25 Acres

    We can help!

    Listing Contact
    Cody Black
    Source: Moodyscre

    Listing Agent: Cody Black

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

    Learn more

    Overview

    Lehi Office Building For Sale

    This office building is located in the "Silicon Slopes" area of Lehi. The property features frontage and signage on I-15, as well as covered parking. It is situated close to numerous amenities and services. The building is occupied by a national credit tenant. The property has a size of 15446 square feet.
    Location Intelligence

    Current Use by Public Records

    Next Exteriors Construction Company Clark Jay Colledge ... Mortgage Lender Wright Move - Your ... Moving And Storage Service Ryan Simmons Cheesman Mortgage Lender Ryan J Montgomery ... Mortgage Lender

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lehi
    County
    Utah
    State
    Utah
    Longitude
    -111.8297049
    Latitude
    40.3843273

    Nearby Similar for Sale

    • $795,000
      0.05 Acres

      Updated Lehi Office/Medical Condo

      Move-in ready office/medical condo with recent upgrades and prime location.
      240 N 1200 E, Lehi, UT 84043
      View Details
    • New
      $560,000
      3,855 SF

      Spacious Rambler with Rental Potential

      Lehi rambler with 6 bedrooms, rental potential, large yard.
      255 W 100 N, 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
    • $1,400,000
      0.65 Acres

      Lehi Commercial Property For Sale

      Commercial property in Lehi, Utah, suitable for bed and breakfast.
      59 N 500 W, Lehi, UT 84043
      View Details
    • $655,000
      2,718 SF

      Luxury Home in 55+ Community

      Upscale 3-bedroom home with resort-style amenities in a vibrant community.
      1201 S 100 E, Lehi, UT 84043
      View Details
    • $374,900

      Lehi Condo in Exchange Community

      Well-maintained 3-bedroom condo with community amenities in a desirable location.
      1958 N 3330 W, Lehi, UT 84043
      View Details
    • $339,500
      1,285 SF

      Top-Floor Condo in Exchange Community

      Stunning 3-bedroom condo with resort-style amenities and neighborhood views.
      3956 W 1850 N, Lehi, UT 84043
      View Details
    • $485,000
      2,198 SF

      Lehi Townhome in Ivory Ridge

      Updated townhome with fenced backyard and community amenities in Lehi.
      3363 N 150 W, Lehi, UT 84043
      View Details
    • $277,700
      1,218 SF

      Desirable Willow Springs Condominium

      Spacious 3-bedroom condo with updated features in well-kept community.
      8198 N Cedar Springs Rd E, Lehi, UT 84005
      View Details
    • $8,000,000
      40,426 SF

      Lehi Industrial Building For Sale

      Recently renovated industrial building in Silicon Slopes submarket.
      1657 N State St, Lehi, UT 84043
      View Details
    • $3,250,000
      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
    • $8,500,000
      26,700 SF

      Lehi Industrial Buildings For Sale

      Three industrial buildings totaling 26,700 SF on 1.64 acres.
      4275 N Thanksgiving Way, Lehi, UT 84043
      View Details

    FAQs

    What type of property is this?
    Office building - Office building with I-15 frontage and covered parking.
    Where is this office building located?
    The property is located at 300 S 1350 E Lehi, UT.
    What is the asking price?
    The asking price for this property is $4,972,288.
    What are key features of this property?
    This property features: - I-15 frontage and signage provide excellent visibility.; - National credit Tenant in place.; - Property In the “Silicon Slopes” Lehi area.
    (801) 456-8800
    Request Owner's contact information
    300 S 1350 E 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.
    300 S 1350 E
    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
    300 S 1350 E 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!
    Listing Contact
    Cody Black
    (801) 456-8800
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.