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    1500 W Traverse Pkwy Lehi, UT 84005

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    For Lease
    Contact for pricing

    Under construction office space with up to 300,000 square feet.

    Property size:
    300,000 SF
    Lot size:
    11.31 Acres

    Property Features for 1500 W Traverse Pkwy

    General Information

    Size
    300,000 SF
    Lot size
    11.31 Acres

    Source: Colliers | Salt Lake City Millrock Agent Brandon Fugal

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

    Overview

    New Office Space Development

    This property is an office space development under construction, preparing to break ground. The master-planned development offers up to 300,000 square feet, with phase 1 offering 150,000 square feet. It features abundant structured and surface parking with a 5/1000 parking ratio. The property provides a generous improvement allowance and offers 30,000 square foot floor plates with floor-to-ceiling glass. An on-site fitness center is included. The location provides close proximity to restaurants, hospitality, services, and fitness options. Designed to LEED Silver standards, the property offers a campus environment in a preferred east side location.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop 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
    -111.8771701
    Latitude
    40.4331702

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    FAQs

    What type of property is this?
    Office building - Under construction office space with up to 300,000 square feet.
    Where is this office building located?
    The property is located at 1500 W Traverse Pkwy Lehi, UT.
    What are key features of this property?
    This property features: - Up to 300,000 square feet available in a master-planned development.; - Abundant structured/surface parking with a 5/1000 parking ratio.; - Generous improvement allowance.
    (801) 947-8300
    Request Owner's contact information
    1500 W Traverse Pkwy Lehi, UT 84005
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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
    1500 W Traverse Pkwy Lehi, UT 84005
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