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Executive Summary

1200 Lori Lane #C15 is a rare opportunity to own a true income-producing investment property in the heart of the Wasatch Back. This 4,400 SF luxury flex space features three fully lockable levels, allowing for three separate tenants with no crossover between spaces--an increasingly sought-after configuration for today's investors. The property is currently 100% leased with three established long-term tenants in place, generating a 5%+ cap rate in one of Utah's fastest-growing markets. With seasoned leases, no vacancy, and immediate cash flow from day one, this is a stabilized asset designed for predictable returns. The main level features a 14-foot oversized garage door opening to approximately 2,000 SF of flex warehouse space, ideal for equipment storage, showroom use, or business operations. It also includes four private offices, a large conference room, break room/kitchen area, and secure separation between warehouse and office space. The second level offers more than 1,000 SF of residential living space, including a large bedroom, full en-suite bath, and spacious family room. The third level functions as a fully independent one-bedroom apartment with a designer kitchen, large bathroom, and comfortable living area. Both residential units benefit from strong rental demand due to their proximity to Deer Valley East Village and the Jordanelle corridor. Originally finished by one of Park City's most respected builders, the property showcases exceptional craftsmanship and quality throughout, supporting long-term tenant retention and asset value. Conveniently located just 5.5 minutes from Deer Valley East Village and 2 minutes from Jordanelle Reservoir, this property combines reliable cash flow with strong appreciation potential. With all three tenants in place, long-term leases, and a 5%+ cap rate that is increasingly difficult to find in the Park City area, this is a true turnkey investment opportunity.

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
00-0020-3510
Land Assessment
$1,320,000
Improvements Assessment
$0
Total Assessment
$1,320,000
  • Listing ID: 41143944

  • Date on Market: 7/2/2026

  • Last Updated:

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

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