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    746 E Winchester St, Suite 210 Murray, UT 84107

    For Sale
    $799,000

    High-yield office condo with strong tenant.

    Property size:
    4,643 SF

    Description

    Added:
    Jan 15, 2025
    Days on Market:
    325
    This exceptional 4,643 square foot office condominium is located in a well-maintained Class B building in Murray, Utah (84107), at 746 E Winchester St, Suite 210. The property boasts a strong financial tenant currently under a full-service lease with a remaining term of three years and six months, plus two additional one-year options. This provides excellent stability and predictable income for the investor. The building itself is beautifully appointed and strategically situated in the southeast sector of Salt Lake City, offering convenient access to major transportation routes and amenities. The property sits on a 0.10658861340679522-acre lot. The current cap rate is 7.38%, making this a compelling investment opportunity in a thriving market. This single-unit condominium presents a rare chance to acquire a stable, income-producing asset with significant long-term potential. The property is classified as a mixed-use property, also encompassing residential office, other office, and medical office uses. This versatile space offers a range of possibilities for future use. The asking price is $799,000.

    Property Features for 746 E Winchester St, Suite 210

    General Information

    Property type
    Residential offices
    Square Feet
    4,643 SF
    Price / Square Foot
    $172
    Class
    B
    Elevators
    N/A
    Lot Size
    4,643 SF

    Building Details

    Year Built
    2000
    Units
    1

    HighLights

    • Prime Murray, UT location in a Class B building.
    • Established financial firm tenant with a long‑term lease.
    • Attractive 7.38% cap rate on this 4,643 sq ft office condo.
    Insight Report Location Intelligence

    Current Use by Public Records

    Residential offices

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    State
    Utah
    Longitude
    -107.246687
    Latitude
    41.78954

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    FAQs

    What type of property is this?
    Residential office - High-yield office condo with strong tenant.
    Where is this residential office located?
    The property is located at 746 E Winchester St, Suite 210 Murray, UT.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Prime Murray, UT location in a Class B building.; Established financial firm tenant with a long-term lease.; Attractive 7.38% cap rate on this 4,643 sq ft office condo.
    (801) 381-9103
    Request Owner's contact information
    746 E Winchester St, Suite 210 Murray, UT 84107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    746 E Winchester St, Suite 210 Murray, UT 84107
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