2221 E Murray Holladay Rd, Holladay, UT 84117
Existing office layout includes restrooms, a break room, and classrooms with designated parking.
- Added:
- Apr 17, 2026
- Days on Market:
- 60
- Last Refresh:
- Jun 13 at 2:36 am
Property Features for 2221 E Murray Holladay Rd
General Information
- Standard status
- Active
- Size
- 3,484 SF
- Lot size
- 0.61 Acres
Listing agent Kreg Peterson License #UT 5483446-SA00 (801) 949-5149
Listing office CBRE, Inc (801) 949-5149
Listing date Apr 17, 2026
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE, Inc
HighLights
- 0.61‑acre property with 3,484 SF of existing office space and designated parking
- Office includes restrooms and a break room
- Includes two classrooms and two offices
- Offers reviewed after the property owner's mandatory 30‑day listing period expires
- Zoning and allowed uses must be confirmed with the city
Overview
The property is offered for sale, with offers scheduled for review after the owner’s mandatory 30-day listing period expires. Zoning and allowed uses must be confirmed with the City.
For buyers evaluating an owner-occupied office or a space that can accommodate both work and classroom-style functions, the existing layout provides immediate improvements rather than a blank shell. The combination of office rooms, classrooms, and required support space such as restrooms and a break room can help streamline early fit-up planning, subject to final zoning verification and any permitting needs.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.8k | $21.48 |
| − Vacancy | −$7.5k | −$2.15 |
| EGI | $67.4k | $19.33 |
| − OpEx | −$16.8k | −$4.83 |
| NOI | $50.5k | $14.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Holladay
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.8276879
- Latitude
- 40.6679509
