Prime Land in Skyview
Approx. 140 E Traverse Terrace Drive Lehi, UT 84043
Approx. 140 E Traverse Terrace Drive, Lehi, UT, 84043
$2,515,590
For Sale
$2,515,590
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 Market119
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 Updated: Jul 10 at 1:06PM Checked: Jul 21 at 4:59AM
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
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
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.**
