Warehouse with Ground-Level
312 West Anderson Ave, Murray, UT 84108
For Sale
Contact for pricing
M-G zoning and ground-level doors support warehouse operations at this Murray property.
Property Size13,830 SF
Lot Size1.11 Acres
Price / SF$144.61
Days on Market18
Property Features for 312 West Anderson Ave
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Warehouse & Industrial
Warehouse Space
Drive-In Doors
Additional Details
Property Use
Listing Agency:
Newmark Mountain West
Listed By:
Robert Kingsford · License UT 6561557-SA00
(801) 895-3040
Source:
Crexi
Added: Oct 24
Changed: Nov 8
Last Checked: Nov 8 at 4:20PM
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 Newmark Mountain West
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This warehouse in Murray, Utah, contains 13,830 square feet on a 1.11-acre site. The property is zoned M-G Manufacturing General and has six ground-level doors. It is located at 312 West Anderson Ave, Murray, UT 84108.
Key Highlights
- 13,830 square feet of warehouse space
- 1.11‑acre site
- M‑G Manufacturing General zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,158
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,283,160
$2.3M
Cap Rate 7%
$1,630,829
$1.6M
Cap Rate 9%
$1,268,422
$1.3M
Market Conditions
NOI Build-Up for 13,830 SF
Gross rent
$137.7K $9.96/SF
− Vacancy
−$3.4K −$0.25/SF
EGI
$134.3K $9.71/SF
− OpEx
−$20.1K −$1.46/SF
NOI
$114.2K $8.25/SF
Area
Salt Lake County, UT
Vacancy
2.50%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,283,160
Cap Rate 7%
$1,630,829
Cap Rate 9%
$1,268,422
Alternative Uses
Best Use
Warehouse
$1.63M
$1.43M – $1.90M
NOI $114,158 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.73M
$3.26M – $4.35M
NOI $260,820 @ 7.0% cap · market cap 13.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
6
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,348
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84108, UT
21,261
Population
8,258
Households
2.6
Avg Household Size
35
Median Age
78%
College-Educated
98%
High-School Grad
72.2 sq mi
ZIP Area
294
Density / Sq Mi
$120,469
Median Household Income
$42,821
Median Earnings
$1,562
Median Rent
$759,800
Median Home Value
Market
Properties on Market for Warehouses in Salt Lake County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Murray Utah Storage — 125 E 6100 S, Murray, UT 84107
- Blue Alley — 5788 300 W, Murray, UT 84107
- C C Storage — 5585 Commerce Dr # 100, Murray, UT 84107
- Utah Auto Reconditioning | Dent Removal — 5585 Commerce Dr, Murray, UT 84107
- AAA Murray Storage — 5564 300 W, Murray, UT 84107
Frequently Asked Questions
What type of property is this?
Warehouse - M-G zoning and ground-level doors support warehouse operations at this Murray property.
Where is this warehouse located?
The property is located at 312 West Anderson Ave Murray, UT.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 13,830 square feet of warehouse space; 1.11‑acre site; M‑G Manufacturing General zoning
