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$1,537,540 Just Listed
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Property Description
Rare Investment Opportunity - Multi-tenant Lehi office building with four demised suites and tenants in place. Parkway Meadows is a fully leased 5,212 square foot office building located at 1220 N 500 W in Lehi, Utah.
Full Property Details
Full Property Details for 1220 N 500 W
General
- Price: $1,537,540
- Taxes: $8,517
- Status: Active
- Type: Office
- Source: WFR
- MLS ID: 2172040
- Updated: 7/16/2026
- Added to Site: Today
Location
- Area: Am Fork; Hlnd; Lehi; Saratog.
- County: Utah
- Cross Streets: 500
Structural Information
- Current Bldg. Use: Office
- Year Built: 2004
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.51
- Lot Size (Sq. Ft.): 22,215.6
- Lot Size: .51
Financial Considerations
- Tax Amount: $8,517
Disclosures and Reports
- Property ID: 48-389-0001
Listed by Colliers International LLC (Wasatch)
Get Pre-Approved Today
Schools
Schools serving 1220 N 500 W
School District:Alpine School District
| Name | Grades | Distance |
|---|---|---|
Lehi School 765 North Center Street, Lehi, UT 84043 | K-6 | 0.5 mi |
Lehi Jr High School 700 East Cedar Hollow Road, Lehi, UT 84043 | 7-9 | 0.6 mi |
Lehi High School 180 North 500 East, Lehi, UT 84043 | 10-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1220 N 500 W
Date
Details
Price
Change
Source
7/16/2026
Listed
$1,537,540
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1220 N 500 W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,518
4%
$1,017,300
6%
2024
$8,209
9%
$960,700
—
2023
$7,524
10%
$956,000
36%
2021
$6,853
-5%
$701,900
-21%
2022
$7,242
6%
$892,100
23%
2021
$6,853
7%
$723,600
7%
2019
$6,427
15%
$676,500
22%
2018
$5,573
-4%
$554,500
—
2017
$5,786
-3%
$556,500
5%
2016
$5,955
-3%
$531,400
2%
2015
$6,123
-9%
$518,700
-6%
2013
$6,737
—
$550,800
5%
2013
$6,737
—
$523,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1220 N 500 W
1220 N 500 W, Lehi, UT 84043 (MLS# 2172040) is a Office property. 1220 N 500 W is currently listed for $1,537,540 and was received on July 16, 2026. Want to learn more about 1220 N 500 W? Do you have questions about finding other Office real estate for sale in Lehi? You can browse all Lehi real estate or contact a Coldwell Banker agent to request more information.

