Commercial

Millcreek, UT Commercial Land for Sale

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Salt Lake City, UT South Salt Lake, UT Murray, UT
Millcreek Development Opportunity
Updated: Jul 1, 2025
Millcreek Development Opportunity

4244 S STATE St, Millcreek, UT 84107

$3,800,000
9,500 sqft · 0.87 AC lot
Development opportunity for a 113‑unit multifamily and commercial mixed‑use project.
Located in a desirable Millcreek growth corridor.
Property is in the entitlement process for rezoning to MD (Mixed Development).
Opportunity for current owner to stay on as an equity partner.
Adjacent properties available for expanded site and project scope.
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Entitled Apartment Project in Millcreek
Updated: Nov 29, 2023
Entitled Apartment Project in Millcreek

219 W Central Ave, Millcreek, UT 84116

$12,277,000
Fully entitled project approved for 423 apartments and 7,000 sq ft of commercial space.
Includes an in‑place TIF Agreement of $3.5 Million of public financing.
Prime location walkable to two UTA Trax Stations (Murray North and Meadowbrook).
Amenities include upscale clubhouse, pools, fitness center, dog parks, fire pits, and walking trails.
Features a trout‑filled stream (Big Cottonwood Creek) running through the property.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Millcreek, UT, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Zoned Land Parcel
Commercial Zoned Land Parcel

18 W 3350 S, South Salt Lake, UT 84115

$100,000
0.06 AC lot

Commercially zoned land parcel sold in conjunction with a nearby main-street property.

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COMMERCIAL - South Salt Lake, UT
COMMERCIAL - South Salt Lake, UT

3350 S MAIN St, South Salt Lake, UT 84115

$300,000
0.18 AC lot

Commercial land · 0.18 Acres

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Land Positioned for Development
Land Positioned for Development

700 E 3900 S, Salt Lake City, UT

$4,791,600
4.40 AC lot

Land suitable for mixed-use development in a growing area.

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Prime Corner Lot Opportunity
Prime Corner Lot Opportunity

315 E 3900 S, Salt Lake City, UT

Contact for pricing
0.32 AC lot

0.32 acre corner lot with high traffic visibility.

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Millcreek, UT Commercial Land Market Trends and Statistics

Explore 2 commercial land for sale in Millcreek, UT on our real estate platform. These investment opportunities span a total of 9,500 square feet of properties for sale, with an estimated market value of $3,800,000.

Sale prices for commercial lots in Millcreek, UT start at $3,800,000, averaging $3,800,000, and reaching up to $3,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 2
Residential land & home lots 2

Demographics Overview

Population 145K
Population Growth (5Y) +2.3%
Median Household Income $99,032
College Educated 77.6%

High-Yield Neighborhoods for Investment

Identify Millcreek submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Salt Lake City - 84107 $3.8M

Listings Trend

New vs delisted commercial listings in Salt Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Salt Lake County

Residential Income

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