Property Description

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.

Features
Heating System:
Forced Air
Cooling System:
Air Conditioning
Fireplace:
None
Parking:
Attached, Oversized, Hose Bibs, Floor Drain, RV Garage
Exterior Features:
Sprinklers In Rear, Sprinklers In Front, Drip Irrigation
Flooring:
Wood
Interior Features:
Storage, Pantry, Ski Storage, Vaulted Ceiling(s), Ceiling Fan(s), Fire Sprinkler System
Sewer:
Public Sewer
Utilities:
Cable Available, Natural Gas Connected, Electricity Connected
Architectural Style:
Multi-Level Unit
Appliances
Appliances:
Disposal, Gas Range, Dishwasher, Refrigerator, Microwave, Freezer, Washer/Dryer Stacked, Oven, ENERGY STAR Qualified Washer
Address Map
Country:
US
State:
UT
County:
Wasatch
City:
Heber City
Zipcode:
84032
Street:
Lori
Street Number:
1200
Street Suffix:
Lane
Mls Area Major:
Jordanelle
Street Dir Prefix:
W
Unit Number:
C15
Neighborhood
High School District:
South Summit
MLS Addon
Office Name:
Christie's Int. RE VUE
Agent Name:
Jonathan Crosswhite
Additional Information
Construction Materials:
Stone, Aluminum Siding
Foundation Details:
Concrete Perimeter
Levels:
3
Lot Features:
Level, Natural Vegetation, South Facing
Virtual Tour:
https://tours.vuere.com/mls/244538111
Water Source:
Public, Irrigation
Accessibility Features:
ADA Accessible
Association Amenities:
Pets Allowed,Fire Sprinklers,Security System - Entrance
Building Size:
3634
Financial
Tax Annual Amount:
13247.00
Association Fee:
6000.00
Association Fee Frequency:
Annually
Association Fee Includes:
Maintenance Exterior, Maintenance Grounds, Management Fees, Snow Removal, Water
Association Yn:
1
Listing Information
List Agent Mls Id:
13266
List Office Mls Id:
4501
Listing Term:
Cash,1031 Exchange,Conventional
Modification Timestamp:
2026-06-03T14:09:37Z
Originating System Name:
pcmls
Status Change Timestamp:
2026-06-03

Residential For Sale

1200 W Lori Lane Unit C15, Heber City, UT 84032

1 Bedrooms
3 Bathrooms
3,634
$1,900,000
Listing ID #12602381
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Listing ID :
12602381
Price :
$1,900,000
View :
Ski Area,Mountain(s)
Bedrooms :
1
Bathrooms :
3
Half Bathrooms :
2
Square Footage :
3,634
Year Built :
2017
Lot Area :
0.06 Acre
Status :
Active
Full Bathrooms :
1
New Construction Yn :
1
Property Sub Type :
Condominium
Roof:
Metal
Contact Agent
Energy Tag