Contacts

Property Details
- Property Type Other
- Lot Size 0.27 Acre
- Date Updated Sep 7, 2025
- Turnkey Opportunity: All groundwork, permits, and approvals completed by experienced developer.
- Strong Financials: Pro forma projections indicate an 8-10% cap rate (potentially higher with conservative room rate assumptions).
- Cost-Efficient: $65k per key vs. $100k+ average for upper midscale boutique hotels in high-traffic Western U.S. markets.
- Flexibility: Property can be repurposed for multi-family housing (buyer responsible for new permits/approvals).
- Financing: Development/construction loan approvals secured from three lenders.
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Lehi, UT
- Neighborhood Mill View - Vibbert Farms
- Zip Code 84043
- Market Salt Lake City
Points of Interest
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Lehi
3.64 miles
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Olde Towne Train Station
4.79 miles
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Vineyard
7.35 miles
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Maverik
0.47 miles
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Hart's Gas and Food
0.62 miles
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Holiday Oil
0.92 miles
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Sinclair
0.94 miles
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Chevron
1.00 miles
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Harts Gas & Food
1.42 miles
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chevron
1.45 miles
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Tesla Supercharger
9.79 miles
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UVU parking W2
9.79 miles
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Downtown Parking
0.17 miles
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Lehi Outdoor Pool Parking
0.40 miles
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Lehi High School Parking
0.53 miles
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American Fork Park and Ride
1.59 miles
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North Lake Park
1.77 miles
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Trailhead
5.54 miles
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Angel's Gate Trailhead Parking
5.77 miles
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Eagle Crest Trailhead
5.86 miles
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Deer Ridge Trailhead Parking
5.99 miles
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Grovecrest Elementary Parking
6.00 miles
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Days Inn by Wyndham Lehi
0.69 miles
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Comfort Inn Lehi - Thanksgiving Point Area
0.74 miles
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Best Western
0.76 miles
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Motel 6
0.92 miles
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WoodSpring Suites Provo American Fork
1.50 miles
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Tru by Hilton Lehi
2.64 miles
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Hilton Garden Inn Lehi
3.20 miles
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Staybridge Suites Lehi -Traverse Ridge Center
3.34 miles
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SpringHill Suites Lehi at Thanksgiving Point
3.42 miles
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5th East Hall - Bed & Breakfast
3.43 miles
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Kohler's Market
0.24 miles
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Maceys
0.61 miles
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Walmart Supercenter
1.28 miles
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TJ Maxx
1.51 miles
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Ross
1.53 miles
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Burlington
1.62 miles
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Kohl's
1.69 miles
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Target
1.84 miles
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Good Earth
2.30 miles
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Macey's
2.91 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
