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Property profile & analytics
FOR LEASE
Office buildings
1300 W Traverse Pkwy Lehi, UT 84043
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US86-0895059
For Lease
1 / 2
Contact for pricing
1300 W Traverse Pkwy, Lehi, UT 84043
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2016
Total area
214,121 SF
Lot
10.08 ac (439,085 SF)
APN
53-512-0001
UPID
US86-0895059
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ancestry Corporate Office
-
Ancestry Inc Corporate Office
-
Fold3 Genealogist
-
Clozd Inc (Bike/Boat/Book/etc) Store Corporate Office
-
We Remember (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Re Plus 1300wtp Lcl · 4 yrs held
Re Plus 1300wtp Lcl
since 2021
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lehi submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lehi submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$463,775
Tax year 2023
Assessed value
$58,929,500
Assessed 2023
Previous assessed
$58,929,500
+0.0% YoY
Effective rate
0.79%
On assessed value
Land market value
$6,687,100
Improvement market value
$52,242,400
Total market value
$58,929,500
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2016
Heating
CENTRAL
Cooling
YES
Buildings
3
Stories
1
Total area
214,121 SF
Lot
10.08 ac (439,085 SF)
APN
53-512-0001
UPID
US86-0895059
Jurisdiction
UTAH
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2016
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
10.08 ac
Current owner
From public records · entity-resolved
Re Plus 1300wtp Lcl
Individual
Mailing address
345 PARK AVE #41, NEW YORK, NY 10154-0004
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2021
—
Re Plus 1300wtp Lcl
Tmcv 2 LLC
Special Warranty Deed
$41,285,000 · Fidelity And Guaranty Life Insuranc
Sep 22, 2016
—
Tmcv 2 LLC
—
Deed
related
$42,500,000 · Miscellaneous Ins Co
—
—
Tmcv 2 LLC
—
Deed Of Trust
related
$36,680,000 · Bank Of America
—
—
Tmcv 2 LLC
—
Deed Of Trust
related
$42,500,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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