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1657 N State St, Lehi, UT

$7,100,000

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2.00

Acres

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About 1657 N State St

Newly renovated (2022) industrial building conveniently located in Lehi right off the 2100 S I-15 Interchange. Tenant in place. Priced aggressively at a 6.5% cap rate on year 1 NOI. Below market rents with 11% bump in year one, 3% annual bumps thereafter. Priced well below replacement cost and a great price per square foot at $176. Potential Owner/User building as well. Building information and square footage figures are provided as a courtesy only. Buyer is advised to verify all information

Features of 1657 N State St

MLS® # 2184157
Price $7,100,000
Acres 2.00
Year Built 1993
Type Commercial Sale
Sub-Type Industrial
Status Active

Community Information

Address 1657 N State St
Area Am Fork; Hlnd; Lehi; Saratog.
City Lehi
County Utah
State UT
Zip Code 84043

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No

Additional Information

Date Listed September 9th, 2026
Days on Market 6
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentMckay Winkel
OfficeIn Depth Realty (Elite)
Contact Info801-576-2564

Listing Map

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