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Executive Summary

Investment properties that deliver immediate cash flow, long-term stability, and future flexibility are becoming increasingly difficult to find in the Park City market. 1200 Lori Lane #C15 offers all three. Currently 100% leased to three established long-term tenants, this rare 4,400-square-foot luxury flex space generates a 5%+ cap rate with predictable income from day one. Unlike many commercial investments, each of the property's three levels is fully independent and separately secured, allowing multiple tenants to operate without crossover while giving future owners exceptional leasing and ownership flexibility.
The main level offers approximately 2,000 square feet of premium flex space with an oversized 14-foot garage door, four private offices, a spacious conference room, break room, and secure separation between office and warehouse areas—an ideal configuration for businesses that require both professional workspace and functional storage or operations. Above, two completely independent residential units create additional income diversification. The second level features more than 1,000 square feet of comfortable living space with a large bedroom, full en-suite bath, and generous family room. The third level is a beautifully finished one-bedroom apartment complete with a designer kitchen, spacious bath, and inviting living area. Both residences continue to benefit from exceptional rental demand driven by the rapid growth of Deer Valley East Village and the Jordanelle corridor. Originally completed by one of Park City's most respected builders, the property reflects a level of craftsmanship and finish rarely found in flex commercial space—qualities that support tenant satisfaction, long-term occupancy, and lasting asset value. Located just 5.5 minutes from Deer Valley East Village and 2 minutes from Jordanelle Reservoir, this investment is positioned in one of Utah's fastest-growing commercial and residential corridors, where demand continues to outpace supply. For investors seeking a stabilized asset with immediate income, diversified tenancy, and meaningful long-term appreciation potential, opportunities like this rarely come to market. With three established tenants already in place and reliable cash flow from closing day, 1200 Lori Lane #C15 represents a true turnkey investment in one of the Wasatch Back's most compelling growth markets.

Property Facts

Price $1,900,000
Price Per SF $435.28
Sale Type Investment
Cap Rate 5.68%
Sale Conditions
1031 Exchange
  • Lease Option
Property Type
Flex
  • Flex Showroom
  • General Retail Storefront Retail/Office
  • General Retail Storefront Retail/Residential
Building Class B
Lot Size 2.00 AC
Rentable Building Area 4,365 SF
No. Stories 3
Year Built 2017
Clear Ceiling Height 18’

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Five Dog Development LLC
  • -
  • -
  • -
  • Triple Net
  • Sep 2021
  • Sync Float Center
  • Services
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Five Dog Development LLC - - - Triple Net Sep 2021
Sync Float Center Services - - - -
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
00-0021-1199
Land Assessment
$0
Improvements Assessment
$1,550,000
Total Assessment
$1,550,000
  • Listing ID: 41143944

  • Date on Market: 7/2/2026

  • Last Updated:

  • Address: 1200 W Lori Ln, Kamas, UT 84036

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