Property profile

525 South East St East Lehi, UT 84043

FOR SALE
Warehouses
Property ID
US86-0690364
65,573 SF 3.94 ac lot Built 2013
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 65,573 square foot industrial property, situated on a 3.94-acre lot in Lehi, Utah, presents a unique investment opportunity. Built in 2013, this Class B building boasts a versatile design, suitable for a variety of uses including flex, warehouse, distribution, R&D, and professional office space. The property features a single, two-story building with currently 11,444 square feet of vacant space available for immediate occupancy. The multiple tenancy structure offers flexibility for various business needs. Located in the thriving Lehi submarket of Utah County, this property benefits from excellent access to major transportation routes, making it an ideal location for businesses requiring efficient logistics. The address is 525 S. 850 E, Lehi, UT 84043. This property offers a compelling combination of size, location, and functionality, making it an attractive option for businesses seeking to establish or expand their operations in a dynamic and growing market. The property's diverse zoning allows for a wide range of potential uses, catering to businesses with varying operational requirements. The ample lot size provides ample room for expansion or future development. This is a rare opportunity to secure a well-maintained, strategically located industrial property in a highly sought-after area.

Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2013
Total area 65,573 SF
Lot 3.94 ac (171,670 SF)
APN 35-627-0001
UPID US86-0690364

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising
  • Marketing & Advertising
  • Association Or Organization
  • Take-out & Catering Butcher
  • Solar Energy Company Appliance Store

Location

525 South East St East Lehi, UT 84043
Lehi metro Census 103 PROVO-OREM, UT METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2020
Price N/A
2018
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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