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Two-Story Office Condo For Sale

684 Vine Street Murray, UT 84107

Claim this Listing
For Sale
$525,000

3,000 SF office condo in Murray, UT, for sale.

Type:Office
Property size:
3,000 SF
Price / SF:
$175/SF
Added:
Mar 25, 2026
Days on Market:
110
Last Refresh:
Jun 30 at 7:26 am

Property Features for 684 Vine Street

General Information

Standard status
Active
Size
3,000 SF
Property subtype
Office

Properties For Sale

at 684 Vine Street Contact us

Listing office CBRE | Salt Lake City

Listing date Mar 25, 2026

Source Cbre

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 | Salt Lake City


Investment Insights

Based on property information with market context.

This is a 3,000 square foot, two-story office condo for sale at $175.00 per square foot. The property is located in Murray, Utah, and offers convenient access to parking. Its central valley location provides easy access to I-15 via 5300 South. As of October 2021, the property is under contract.

Key Highlights

  • Convenient Central Valley Location
  • Easy access to I‑15 on 5300 South
  • Immediate parking access

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 $64.4k $21.48
− Vacancy −$6.4k −$2.15
EGI $58.0k $19.33
− OpEx −$14.5k −$4.83
NOI $43.5k $14.50
3,000 SF · lease $21.48/SF/yr · vacancy 10.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$621.4K
$543.7K – $725.0K (±1% cap)
NOI $43,497 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$39.95M
$34.95M – $46.60M (±1% cap)
NOI $2,796,227 @ 7.0% cap · market cap 532.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Daycare Center Home Appliance Store Veterinary Clinic Grocery & Convenience Store Catering Service Carpet & Flooring Store Wine and Liquor Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - 3,000 SF office condo in Murray, UT, for sale.
Where is this office units located?
The property is located at 684 Vine Street Murray, UT.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Convenient Central Valley Location; Easy access to I‑15 on 5300 South; Immediate parking access
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More about this property
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