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    111 E St Murray, UT 84107

    For Lease
    $17 SF/Yr

    1,165 sq ft Executive Suite in Murray, UT

    Lot size:
    20,932 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional executive office suite, located at 111 E 5600 S in Murray, Utah, 84107, presents a fantastic opportunity. Situated within the Independence Hall building, this 1,165 square foot space is immediately available within a larger 20,932 square foot building. The property boasts a convenient location and is classified as a Class C building, constructed in 1989. The building itself is a three-story structure situated on a 1.25-acre lot. The zoning designation is CDC. This single building offers multiple tenancies, making it ideal for a variety of business needs. The minimum divisible space is 1,165 square feet, which is also the maximum contiguous space currently available. The property's Asset Parcel Number (APN) is 2218106027. This executive office suite provides a functional and efficient workspace, perfect for businesses seeking a professional and well-located office in Murray, Utah. The property's strategic location offers easy access to major transportation routes and local amenities. This is a rare opportunity to secure a well-maintained office space in a desirable location. Inquire today to learn more about this exceptional offering.

    Property Features for 111 E St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,932 SF
    Class
    C
    Total Rate
    30961.92

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    322
    Size
    1,165 SF
    Rate per SF
    $17

    HighLights

    • 1,165 SF executive suite available in Murray, UT.
    • Located in the Independence Hall building (Class C, 1989 construction).
    • Convenient I‑15 access via 5300 South.
    • Utopia fiber available.
    • Newly renovated lobbies.
    • Suites with balconies available.
    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 Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8872739
    Latitude
    40.649965

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    FAQs

    What type of property is this?
    Office Property / Space - 1,165 sq ft Executive Suite in Murray, UT
    Where is this office property / space located?
    The property is located at 111 E St Murray, UT.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 1,165 SF executive suite available in Murray, UT.; Located in the Independence Hall building (Class C, 1989 construction).; Convenient I-15 access via 5300 South.
    Request Owner's contact information
    111 E St 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
    111 E St Murray, UT 84107
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