Prime Land in Skyview
For Sale
$2,515,590
Approx. 140 E Traverse Terrace Drive, Lehi, UT 84043
Land in mixed-use development with high visibility and future parking.
Property Size1 SF
Lot Size1.00 Acre
Price / SF$2,515,590
Days on Market151
Property Features for Approx. 140 E Traverse Terrace Drive
General Information
Standard status
Active
Size
1 SF
Lot size
1.00 Acre
Property subtype
Land
Listing Agency:
CBRE - Salt Lake City
(801) 869-8005
Listed By:
Patrick Juhlin · License #6677575-SA00
(801) 869-8005
Source:
Cbre
Added: Mar 25
Changed: Aug 13
Last Checked: Aug 21 at 10:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Salt Lake City
Investment Insights
Based on property information with market context.
The subject site is located within The Shops at Skyview, a 100-acre, mixed-use development, with frontage to Timpanogos Hwy and Center Street in Lehi. The area is near Thanksgiving Point and Silicon Slopes, a tech hub attracting companies like Adobe, Microsoft and Oracle. The increased demand for housing, office space, hotels and retail establishments has solidified Skyview as a vital part of this expansion. To the north is Inverness, another master-planned residential development that will see over 2,000 units added over the next 5 years. Skyview is adjacent to the planned Lehi Utah Temple, Texas Instruments, and two schools. It has excellent visibility and access to Timpanogos Hwy and is a short distance to I-15. The site has 130 planned parking stalls. The development includes 320,000 square feet of retail space, 307 residential units, and 316,000 square feet of Class A office space. Utilities and road are under construction, with delivery expected in 2026.
Key Highlights
- Located in The Shops at Skyview, a 100‑acre mixed‑use development.
- Adjacent to the planned Lehi Utah Temple, Texas Instruments, and two schools.
- Excellent visibility and access to Timpanogos Hwy, minutes from I‑15.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
Demographics for 84043, UT
76,954
Population
23,408
Households
3.3
Avg Household Size
26
Median Age
50%
College-Educated
97%
High-School Grad
31.1 sq mi
ZIP Area
2,474
Density / Sq Mi
$125,598
Median Household Income
$49,643
Median Earnings
$1,802
Median Rent
$567,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land in mixed-use development with high visibility and future parking.
Where is this commercial land located?
The property is located at Approx. 140 E Traverse Terrace Drive Lehi, UT.
What is the asking price?
The asking price for this property is $2,515,590.
What are key features of this property?
This property features: Located in The Shops at Skyview, a 100‑acre mixed‑use development.; Adjacent to the planned Lehi Utah Temple, Texas Instruments, and two schools.; Excellent visibility and access to Timpanogos Hwy, minutes from I‑15.**
