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Property profile & analytics
FOR LEASE
Office buildings
1800 Ashton Blvd, Lehi, UT 84043
Entity Owned
Free & Clear
Property ID
US86-0264074
For Lease
1 / 29
Contact for pricing
1800 Ashton Blvd, Lehi, UT 84043
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Property summary
AI-generated overview
This exceptional sublease opportunity in Utah County's Silicon Slopes offers 30,424 to 60,848 contiguous square feet of traditional office space, perfect for multiple tenants. The space boasts floor-to-ceiling windows, providing abundant natural light and impressive views. The building features covered parking within the structure, ensuring convenient access for employees and visitors. The location offers easy access to I-15, simplifying commutes. The fully furnished office space allows for an immediate move-in, minimizing disruption to business operations. Beyond the workspace, employees can enjoy a range of on-site amenities, including a BBQ grill, basketball court, pickleball area, and a playground, promoting a healthy work-life balance. The building is equipped with elevators for easy access to all floors. This is a rare opportunity to secure a substantial, well-appointed office space in a thriving technological hub. Minimum divisible space is 30,424 square feet. The property is located in Utah County. This sublease presents a unique chance to establish or expand your business in a highly desirable location with exceptional amenities.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2015
Total area
148,997 SF
Lot
8.7 ac (378,928 SF)
APN
12-029-0065
UPID
US86-0264074
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
-
RE/MAX Associates Demo Real Estate Agency
-
Ember Stays Property Management Company Service Establishment
-
Sunrun Solar Solar Energy Company Solar Energy Equipment Supplier
-
Ember Co-Ownership Vacation Homes Real Estate Agency
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
X Tstat Opco LLC
X Tstat Opco LLC
since 2025
5 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
$407,357
Tax year 2023
Assessed value
$53,174,700
Assessed 2024
Previous assessed
$51,760,700
+2.7% YoY
Effective rate
0.77%
On assessed value
Land market value
$5,563,700
Improvement market value
$47,611,000
Total market value
$53,174,700
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
2015
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
1
Total area
148,997 SF
Lot
8.7 ac (378,928 SF)
APN
12-029-0065
UPID
US86-0264074
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
2015
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
8.7 ac
Current owner
From public records · entity-resolved
X Tstat Opco LLC
Entity
Free & Clear · 0 yrs held
Mailing address
100 PNE ST STE #3000, SAN FRANCISCO, CA 94111-5216
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2025
—
X Tstat Opco LLC
Ts Office Owner 1 LLC
Special Warranty Deed
—
Jan 16, 2020
—
Ts Office Owner 1 LLC
Thanksgiving Station One And Five L
Special Warranty Deed
—
Jan 9, 2020
—
Thanksgiving Station One & Fiv
Station One Thanksgiving
Quit Claim Deed
related
—
Nov 9, 2018
—
Thanksgiving One & Five LLC
T-stat One LLC
Warranty Deed
$56,500,000 · Washington Fed'l Svgs
Oct 26, 2018
—
Lehi Hotel Partners I LLC
T-stat One LLC
Grant Deed
related
—
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.
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