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7 East State Street
Lehi, UT 84043
Asking Price
$799K
Asset Type
Student Housing Retail
Class
Class B
What's Special
0.73-Acre Mixed-Use Redevelopment Opportunity | Lehi, <p><strong>DEVELOPMENT HIGHLIGHTS</strong></p><ul><li><strong>Location:</strong> Center of Lehi city core — high visibility, walkable context</li><li><strong>Lot Size:</strong> 0.73 acres — meaningful land position for an inline project</li><li><strong>Zoning:</strong> Multi-use commercial/residential or multi-family (verify with city)</li><li><strong>Existing Structure:</strong> 2-story, 1,419 sq ft — usable during entitlement or demo for ground-up</li><li><strong>Parking:</strong> 2 cover
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NOI
$80,000
Cap Rate
10.01%
DSCR
1.69
Strong
Cash-on-Cash
13.59%
Monthly Payment
$3,953.016
Annual Cash Flow
$32,563.807
