Property profile

140 850 Lehi, UT 84043

OFF-MARKET
Retail properties & Spaces
0.28 ac lot
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Property summary

AI-generated overview

This exceptional 0.28-acre commercial parcel in Lehi, Utah, presents a unique investment opportunity. Zoned C, this property offers a single-tenancy retail space ideal for a drive-thru business. Located near the intersection of East Drive and Main Street, it benefits from exceptional visibility and high traffic counts. The property boasts over 175,400 average daily traffic (ADT) on I-15 and an additional 24,994 ADT on Main Street, ensuring significant exposure to potential customers. The parcel's APN is 45:224:0007 within Utah County. Investors have two options: a ground lease at $50,000 annually or an outright purchase for $425,000. This strategic location and high traffic volume make this property an attractive investment for businesses seeking maximum visibility and accessibility. The property's convenient access to I-15 further enhances its appeal. Don't miss this chance to secure a prime retail location in a thriving Utah County market. This is a rare opportunity to acquire a highly visible and accessible commercial property in a rapidly growing area. The property's zoning and location make it suitable for a variety of drive-thru businesses.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.28 ac (12,197 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

140 850 Lehi, UT 84043
Lehi metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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