2727 N. Sandalwood Drive - Sanctuary Commercial Land 4.03 Acres of Commercial Land Offered at £3,465,640 in Lehi, UT 84043

INVESTMENT HIGHLIGHTS

  • Great Visibility
  • Centrally Located
  • High Traffic

EXECUTIVE SUMMARY

Rare Utah County I-15 frontage Property adjacent to a newly developed 580 unit ultra luxury apartment community - The Sanctuary. Projected rents for the apartments are highest in Utah County, attracting an immediate clientele for commercial use.
The property has a restriction for medical uses and residential. A list of Restricted Uses may be provided upon request.

PROPERTY FACTS

Price £3,465,640
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Hospitality
  • Hotel
  • Restaurant
Total Lot Size 4.03 AC
Zoning TOD - See Chapter 28 of Lehi City Code: TOD Zoning. Attached under the documents.

1 LOT AVAILABLE

Lot Lot 2

Price £3,465,640
Price Per AC £859,960.33
Lot Size 4.03 AC

Shovel Ready 4.03 Acres of Commercial Land with utilities readily available. Immediate access points will be completed by others.

DESCRIPTION

4.03-acre commercial development site off Interstate 15 in the "Silicon Slopes" tech corridor. The site is adjacent to the prospective Sanctuary Apartments by Salt Development, Young Living Headquarters and Holy Cross Hospital. Excellent visibility from freeway. Irreplaceable retail development location.

  • Listing ID: 33536696

  • Date on Market: 16/10/2024

  • Last Updated:

  • Address: 2727 N. Sandalwood Drive, Lehi, UT 84043