1200 W Lori Lane #C15, Heber City, UT 84032
Local realty services provided by:ERA Brokers Consolidated
Listed by: jonathan crosswhite
Office: christie's int. re vue
MLS#:12602381
Source:UT_PCBR
Price summary
- Price:$1,900,000
- Price per sq. ft.:$437.28
About this home
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....
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Home facts
- Year built:2017
- Subdivision & Development:Park East
- Listing ID #:12602381
- Added:109 day(s) ago
- Updated:September 21, 2026 at 02:40 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:3
- Full bathrooms:1
- Half bathrooms:2
- Flooring:Wood
- Dining Description:Eat-In Kitchen, Formal Dining, Semi-Formal Dining
- Kitchen Description:Dishwasher, Disposal, Freezer, Gas Range, Microwave, Oven, Refrigerator
- Living area:4,345 sq. ft.
Heating and cooling
- Cooling:Air Conditioning
- Heating:Forced Air
Structure and exterior
- Roof:Metal
- Year built:2017
- Building area:4,345 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Level, Natural Vegetation, South Facing
- Construction Materials:Aluminum Siding, Stone
- Exterior Features:Drip Irrigation
- Foundation Description:Concrete Perimeter
- Levels:3 Stories
Utilities
- Water:Irrigation, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,900,000
- Price per sq. ft.:$437.28
- Tax amount:$13,247 (2025)
Features and amenities
- Laundry features:Washer/Dryer Stacked
- Amenities:Appliances, Ceiling Fan(S), Fire Pressure System, Fire Sprinklers, Garage Door Opener, Security System - Entrance, Ski Storage, Smoke Alarm, Thermostat - Programmable, Vaulted Ceiling(S), Water Heater - Gas, Water Softener - Owned
Parking
- Parking description:4 Covered Parking Spaces, Attached
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