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    228 Vine St Murray, UT 84107

    For Lease
    $22 SF/Yr

    Prime Murray retail, multiple spaces available.

    Lot size:
    14,032 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Murray Crossing, located at 228 W Vine St in Murray, Utah, presents a fantastic opportunity for retail businesses seeking space in a vibrant Salt Lake County location. This anchorless strip center, built in 2020, boasts a total of 14,032 square feet, with 8,671 square feet currently available for lease. The property sits on a sizable 1.88-acre lot, providing ample parking and visibility. Multiple spaces are available, ranging from a minimum of 2,063 square feet to a maximum contiguous space of 2,261 square feet, offering flexibility for various retail concepts. The property's 2020 construction ensures modern amenities and efficient layouts. Its location in Murray, Utah, zip code 84107, provides excellent access to a strong customer base and convenient transportation links. This is an ideal opportunity for businesses seeking high-traffic exposure in a thriving retail environment. The property's size and layout make it suitable for a variety of retail uses. Interested parties are encouraged to inquire about lease terms and availability. The property is classified as a Retail, Anchorless Strip Center with multiple tenancies.

    Property Features for 228 Vine St

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,032 SF
    Total Rate
    25725.33

    Building Details

    Year Built
    2020

    Unit(s) available at that property

    Space
    Available Space 4
    Size
    2,091 SF
    Rate per SF
    $22
    Space
    Available Space 5
    Size
    2,261 SF
    Rate per SF
    $22
    Space
    Available Space 6
    Size
    2,256 SF
    Rate per SF
    $22
    Space
    Available Space 7
    Size
    2,063 SF
    Rate per SF
    $22

    HighLights

    • 2020‑built, 14,032 SF anchorless strip center in Murray, UT.
    • 8,671 SF available for lease.
    • Multiple suites available, ranging from 2,063 SF to a maximum contiguous 2,261 SF.
    • Situated on a 1.88‑acre lot with ample parking.
    • Excellent location in Murray, UT (84107) offering high visibility and strong customer base.
    Property Profile Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.898346
    Latitude
    40.661422

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    FAQs

    What type of property is this?
    Strip mall - Prime Murray retail, multiple spaces available.
    Where is this strip mall located?
    The property is located at 228 Vine St Murray, UT.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 2020-built, 14,032 SF anchorless strip center in Murray, UT.; 8,671 SF available for lease.; Multiple suites available, ranging from 2,063 SF to a maximum contiguous 2,261 SF.
    Request Owner's contact information
    228 Vine 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
    228 Vine St Murray, UT 84107
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