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Freeway Visible Office Building
For Sale
$12,000,000

5296 S Commerce Dr, Salt Lake City, UT 84107

Move-in ready office suites with freeway visibility and ample parking.

Property Size8,141 SF
Price / SF$1,474
Days on Market206

Property Features for 5296 S Commerce Dr

General Information

Standard status Active
Size 8,141 SF

Taxes and HOA fees

Annual Taxes $64,503
Listing Agency: Colliers International LLC (Wasatch)
Listed By: Derek Sawaya · License #8082653
Source: Exprealty
Added: Jan 30 Changed: Aug 20 Last Checked: Aug 23 at 4:41AM

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 Colliers International LLC (Wasatch)

Investment Insights

Based on property information with market context.

This commercial real estate offers multiple suites available for lease or purchase. Suite 101 offers 1,880 rentable square feet (RSF), Suite 104 provides 8,141 RSF as a medical office suite, Suite 203 features 1,877 RSF, and Suite 305 includes 3,200 RSF. Lease rates are $21.50 per square foot, full service. The property features new ownership with common area refresh completed. Crown building signage is available and visible from the freeway. Basement and storage space is available, with 2,472 square feet offered at $12.00 per square foot, full service. The building has prime visibility from I-15. Ample parking is available, including covered parking. The location is convenient, in the center of Salt Lake County, and less than a 15-minute walk to the TRAX/Frontrunner Murray Central Station.

Key Highlights

  • Prime building with I‑15 visibility
  • Ample parking with covered parking available
  • Move in ready, functional suites available

Property Analytics

Current Use

EnRoute Software (Bike/Boat/Book/etc) Store Purser & Associates Accounting Firm Tanner Clinic - Murray Medical Clinic Utah Parent Center Charitable Organization Berry & TrippBankruptcy Attorneys Law Firm

Suggested Use

Top Pick Restaurant Real Estate Agency Hair Salon Nail Salon Grocery & Convenience Store Garden Center

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

2,799
Businesses Nearby
Balanced
Demand for This Use

Demographics for 84107, UT

37,713
Population
17,287
Households
2.2
Avg Household Size
34
Median Age
38%
College-Educated
93%
High-School Grad
7.5 sq mi
ZIP Area
5,028
Density / Sq Mi
$73,469
Median Household Income
$46,098
Median Earnings
$1,387
Median Rent
$426,000
Median Home Value

Market

Vacancy Rate% for Office in Salt Lake City, UT

9.7% 2019
14.7% 2020
17.9% 2021
19.3% 2022
23.6% 2023
24.8% 2024
23.1% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Move-in ready office suites with freeway visibility and ample parking.
Where is this medical office space located?
The property is located at 5296 S Commerce Dr Salt Lake City, UT.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Prime building with I‑15 visibility; Ample parking with covered parking available; Move in ready, functional suites available
More about this property
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