812 State St Lehi, UT 84043
This exceptional 0.76-acre parcel presents a unique investment opportunity in the thriving city of Lehi, Utah. Situated on State Street, this property boasts a highly desirable location with excellent visibility and convenient access to Interstate 15, ensuring high traffic flow and easy connectivity. The property is zoned for both commercial and residential use, offering unparalleled versatility for developers and investors. This allows for a wide range of development possibilities, from creating a dynamic commercial space to developing residential units, or a combination of both. The property's prime location within the bustling State Street corridor guarantees significant exposure and potential for substantial returns. The seller requests that showings of any existing structures on the property not occur until an offer is accepted. This .76-acre lot is an exceptional opportunity to capitalize on the rapid growth and development within Lehi, Utah. The property is owned by the Anna Mae Barnes Living Trust and is offered at $1,700,000. The property's address is 812 W State St, Lehi, UT 84043.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.