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3231 N 1120 E 11,541 SF Office Building Lehi, UT 84043 $3,650,000 ($316.26/SF)
Investment Highlights
- Stand Alone Medical Office Available for sale or lease!
- Solid Demographics
- Great Parking Ratio
Executive Summary
Stand alone medical building availalbe for direct sale, sale with a lease back, or lease.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$25,044
|
$2.17
|
| Operating Expenses |
$58,282
|
$5.05
|
| Total Expenses |
$83,326
|
$7.22
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $25,044 |
| Annual Per SF | $2.17 |
| Operating Expenses | |
|---|---|
| Annual | $58,282 |
| Annual Per SF | $5.05 |
| Total Expenses | |
|---|---|
| Annual | $83,326 |
| Annual Per SF | $7.22 |
Property Facts
Sale Type
Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
11,541 SF
Building Class
B
Year Built/Renovated
2006/2014
Price
$3,650,000
Price Per SF
$316.26
Tenancy
Single
Building Height
1 Story
Typical Floor Size
11,541 SF
Building FAR
0.21
Lot Size
1.24 AC
Zoning
BP
Parking
35 Spaces (3.03 Spaces per 1,000 SF Leased)
1 1
Fairly walkable
40/100
Very drivable
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 47-251-0001 | Total Assessment | $2,988,800 (2025) |
| Land Assessment | $898,300 (2025) | Annual Taxes | $25,044 ($2.17/SF) |
| Improvements Assessment | $2,090,500 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
47-251-0001
Land Assessment
$898,300 (2025)
Improvements Assessment
$2,090,500 (2025)
Total Assessment
$2,988,800 (2025)
Annual Taxes
$25,044 ($2.17/SF)
Tax Year
2026
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3231 N 1120 E
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