3900 Traverse Mountain BlvdLehi, UT 84043

  • Office buildings
  • 63,135 SF
For Lease
$28.50/SF/YR View listing

Property Details for 3900 Traverse Mountain Blvd

Year built
2017
Lot size
3.13 AC
Property size (Sq ft)
63,135 SF
Property type
Office buildings
APN
53-401-0004
APU
534010004

Description

This exceptional 10,551-square-foot executive office suite is located in Lehi, Utah, at 3900 Traverse Mountain Blvd, zip code 84043. The space is part of a three-story Class A office building boasting a modern, contemporary design with abundant natural light thanks to generous floor-to-ceiling glass windows. The building features an upscale, two-story lobby that creates an immediate impression of sophistication and professionalism. This single, available suite offers multiple tenancy options, providing flexibility for businesses of various sizes. Convenient amenities include shower facilities located on the main floor, catering to the needs of employees and visitors. Existing furniture is available, potentially reducing initial setup costs and allowing for a seamless transition. The property's prime location in Lehi, Utah offers easy access to major transportation routes and a thriving business community. This is a rare opportunity to secure a prestigious and well-appointed office space in a highly desirable location. The suite's size and amenities make it ideal for a variety of businesses seeking a sophisticated and functional workspace. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,679,564
    6.5%
    $15,396,521
    7%
    $14,296,769
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,649,097
    Geo Method
    $12,649,097
  • Alternative Use

    Use
    Valuation
    Residential
    $19,091,686
    Hospitality
    $17,487,882
    Educational
    $14,549,712
    Medical
    $15,050,099
    Retail
    $22,632,886

Location Insight

City
Lehi
County
Utah
State
Utah
Latitude
40.4363
Longitude
-111.879
CBSA code
39340
CBSA name
PROVO-OREM, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$118,735
-
-
$15,087,100
-
$1,962,600
$13,124,500
$15,087,100

FAQs

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