Active

1200 W Lori Lane #C15

Heber City, UT 84032
Mark as Favorite
Bed 1

Bed

Bath 1.5

Bath

SqFt4,345

Sqft

Acres0.06

Acre(Lot)

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 operation s. 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $1,900,000

AD Id : 80019338

MLS Id : 12602381

Beds : 1

Lot Size : 0.06 Acre

Living Area Size : 4,345

Year Built : 2017

County : Wasatch

Subdivision: Millmont

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Full Baths: 1 Half Baths: 2
  • Flooring Information

    Wood
  • Roofing Information

    Metal
  • Interior Features

    Eat-in Kitchen, Vaulted Ceiling(s), Pantry Roof: Metal Appliances: Dishwasher, Disposal, Freezer, Gas Range, Microwave, Oven, Refrigerator, Gas Water Heater, Water Softener Laundry Features: Laundry Room
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 2017 Building Area Total: 4345 Construction Materials: Aluminum Siding, Stone Private Pool: No View: Mountain(s) Association Fee Frequency: Annually

  • Lot Information

    Lot Size Acres: 0.06 Lot Description: Level

    Property Information

    Subdivision: Park East Source Property Type: Residential Property SubType: Condominium Direction Faces: South Property Age: 9

  • Listing Price Information

    Listing Price: $1900000 Cash, 1031 Exchange, Conventional

  • Tax Information

    Parcel Number: 00-0021-1199 Tax Year: 2025 Annual Tax: $13247

  • Parking Information

    Garage Door Opener, Oversized, Attached

    Garage Information

    Has Attached Garage: Yes Pets Allowed: Yes
    Homeowners Association Information
    Has Association: Yes HOA: $6,000.00

  • Utility Information

    Cable Available, Natural Gas Available
  • Location Information

    WaterSource: Public Security Features: Smoke Detector(s)
Sell a home like this and save $113,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11456 E Columbine Ln #1.., Heber City, UT, 84032 $999,999 5 4 3,628 3,628 SqFt
395 Pole Dr, Heber City, UT, 84032 $2,090,000 4 4 5,600 5,600 SqFt
395 Pole Drive, Heber City, UT, 84032 $2,090,000 4 3.5 5,600 5,600 SqFt
1465 A1 Peak Drive, Heber City, UT, 84032 $7,799,999 5 1.5 9,191 9,191 SqFt
909 W Peace Tree Trail .., Heber City, UT, 84032 $599,000 2 2 1,160 1,160 SqFt
2862 E Hayloft Ln #255, Heber City, UT, 84032 $1,134,900 6 5 4,656 4,656 SqFt
1195 W Black Rock Trail.., Heber City, UT, 84032 $619,000 1 1 840 840 SqFt
1200 W Lori Ln #C15, Heber City, UT, 84032 $1,900,000 1 3 3,634 3,634 SqFt
1291 Black Rock Trl #B, Heber City, UT, 84032 $675,000 2 2 1,238 1,238 SqFt
402 N Abajo Peak Way #Q2, Heber City, UT, 84032 $1,773,250 3 4 2,211 2,211 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of the Park City Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than , are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Park City Board of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/18/2026 @ 11:37

MLS: 12602381 LISTED BY: Jonathan Crosswhite, Christie's Int. RE VUE 435-649-0891 SOURCE: Park City Board of REALTORS

Selling? Save $113,501 when you sell a home like this

Tour with a ByOwner Agent