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    488 Winchester St Murray, UT 84107

    For Lease
    $23 SF/Yr

    Murray, UT Office Suites Available

    Lot size:
    54,441 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional four-story, Class B office building, totaling 54,441 square feet, is located at 488 E. Winchester St, Murray, UT 84107. Built in 1989 and renovated in 2012, the property offers multiple tenancy options with a minimum divisible space of 2,000 square feet and currently has 7,053 square feet of vacant space available. The building features two elevators, 9-foot ceilings, and ample parking (3.5 spaces per 1,000 square feet). Its prime location along the I-215 corridor provides easy access to I-15, placing it ideally within the mid-valley region. Many suites boast stunning views of the Wasatch and Oquirrh Mountains. The property's proximity to Fashion Place Mall, various dining and retail options, a UTA bus route, and a nearby Trax station adds significant appeal. On-site professional management ensures efficient building operations. This is a must-see property for businesses seeking a well-maintained, conveniently located office space in Murray, Utah.

    Property Features for 488 Winchester St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,441 SF
    Class
    B
    Total Rate
    104345.25

    Building Details

    Year Built/Renovated
    1989/2012
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Available Space 220
    Size
    7,053 SF
    Rate per SF
    $23

    HighLights

    • Prime Mid‑Valley location.
    • Convenient freeway access via I‑15 and I‑215.
    • Near Fashion Place Mall and abundant retail amenities.
    • Excellent public transportation access (UTA bus & TRAX).
    • On‑site property management.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.87716162902
    Latitude
    40.630579848881

    Nearby Similar for Lease

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      Murray Office Space For Lease

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      Prime Office Space Available

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    • $27 SF/Yr
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      Fashion Blvd Executive Office Suite

      8,000 SF Executive Office Space Available
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      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Murray, UT Office Suites Available
    Where is this office property / space located?
    The property is located at 488 Winchester St Murray, UT.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Prime Mid-Valley location.; Convenient freeway access via I-15 and I-215.; Near Fashion Place Mall and abundant retail amenities.
    Request Owner's contact information
    488 Winchester St Murray, UT 84107
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    Murray, UT 84107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    488 Winchester St Murray, UT 84107
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