573 Sunrise Way Highland, UT 84003
This exceptional investment opportunity presents five brand-new office condos, delivered in Q2 2025, located at 573 Sunrise Way in Highland, Utah (zip code 84003). The property, identified by APN 65:503:0002, sits on a 1.27-acre lot and boasts excellent visibility on Timpanogos Highway. The single, two-story building offers a total of 3,678 to 8,469 square feet of flexible space, suitable for both medical and traditional office uses. Currently, the occupancy rate stands at 75%. Each condo unit is individually owned, offering the benefits of condo ownership within a multi-tenant building. The property is classified as Class B and is offered under a NNN lease type. The permitted zoning is PC. Construction was completed in 2025. This development provides a unique chance to own your own office space in a thriving Utah County location. The property's prime location and modern design make it an ideal choice for businesses seeking a high-profile presence in a rapidly growing area. The building features a total of 5 units.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.