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Office Building on Acreage
For Sale
$1,900,000

5425 S ALLENDALE DR, Murray, UT 84123

Existing office improvements occupy a substantial R-1-8 parcel in Murray, Utah.

Property Size1,968 SF
Lot Size2.74 Acres
Price / SF$94.51
Days on Market19

Property Features for 5425 S ALLENDALE DR

General Information

Standard status Active
Size 1,968 SF
Lot size 2.74 Acres
Property subtype Office
Zoning R-1-8

Additional Details

Asking Price $1,900,000

Building Details

Building Size 1,968 SF
Year Built 1968
Listing Agency: CBRE, Inc
Listed By: Kreg Peterson · License #5483446-SA00
Source: Liftrealty
Added: Sep 8 Changed: Sep 24 Last Checked: Sep 24 at 8:54AM

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

Investment Insights

Based on property information with market context.

The property includes a 20,103-square-foot office building constructed in 1968. The structure sits on 2.74 acres of land designated R-1-8, providing a sizable land component alongside the existing office improvements.

Located in Murray, Utah, the property’s zoning and permitted uses should be confirmed with the city. The asset is offered for sale.

Key Highlights

  • 20,103‑square‑foot office building
  • 2.74‑acre parcel
  • R‑1‑8 land designation

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Hair Salon Furniture & Home Goods Daycare Center Bakery 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

1,222
Businesses Nearby

Demographics for 84123, UT

39,489
Population
14,716
Households
2.7
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
8.3 sq mi
ZIP Area
4,758
Density / Sq Mi
$80,079
Median Household Income
$42,195
Median Earnings
$1,416
Median Rent
$436,600
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Existing office improvements occupy a substantial R-1-8 parcel in Murray, Utah.
Where is this office building located?
The property is located at 5425 S ALLENDALE DR Murray, UT.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 20,103‑square‑foot office building; 2.74‑acre parcel; R‑1‑8 land designation
More about this property
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