Listing Agency: Newmark Mountain West - Corporate Show Phone

Listed By: Rand Sargent Show Phone

Source: Moodyscre

Added: Jun 30 Changed: Oct 25 Last Checked: Oct 26 at 8:04PM

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Investment Insights

Based on property information with market context.

This offering is presented as a for-sale or leaseback transaction involving an office property. The owner will sign a lease for a term of 1 to 2 years as they build a new building to relocate into.

The property is located at 4883 W Old Hwy Rd in Morgan, Utah. HOA dues are listed at $125 per month.

For parties considering either acquisition or a short-term occupancy aligned with the owner’s relocation timeline, this structure provides an immediate leaseback period directly tied to the owner’s move into the new building.

Key Highlights

• For sale or leaseback option available
• Sale price listed at $515,000
• Owner will sign a 1–2 year leaseback while relocating to a new building

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Restaurant Cafe & Coffee Shop Dental Office Plumbing Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

47

Businesses Nearby

Explore this area Business Placement

Demographics for 84050, UT

12,059

Population

3,754

Households

3.2

Avg Household Size

33

Median Age

39%

College-Educated

98%

High-School Grad

387.6 sq mi

ZIP Area

31

Density / Sq Mi

$125,949

Median Household Income

$50,538

Median Earnings

$1,493

Median Rent

$609,500

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Frequently Asked Questions

What type of property is this?

Office building - Owner will lease the property back for 1 to 2 years while relocating to a new building.

Where is this office building located?

The property is located at 4883 W Old Hwy Rd Morgan, UT.

What is the asking price?

The asking price for this property is $515,000.

What are key features of this property?

This property features: For sale or leaseback option available; Sale price listed at $515,000; Owner will sign a 1–2 year leaseback while relocating to a new building