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    5295 Commerce Dr Murray, UT 84107

    For Lease
    $25 SF/Yr

    Iconic Murray office space, flexible suites available.

    Lot size:
    152,716 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    Sky Pointe, a landmark Class A office building in Murray, Utah, offers 152,716 square feet of executive office space. Built in 1987 and boasting seven stories, this steel and glass structure is situated on a 3.86-acre lot at 5295 Commerce Dr, 84107, in the Central Valley West submarket. The building features a newly renovated atrium lobby and common areas, including an on-site fitness center. Two suites are currently available, ranging from a minimum of 7,091 square feet to a maximum contiguous space of 27,299 square feet

    Property Features for 5295 Commerce Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    152,716 SF
    Class
    A
    Total Rate
    324521.5

    Building Details

    Year Built
    1987
    Stories
    7

    Unit(s) available at that property

    Space
    Suite 200
    Size
    7,091 SF
    Rate per SF
    $25
    Space
    Suite 300
    Size
    20,208 SF
    Rate per SF
    $25

    HighLights

    • Panoramic views from floor‑to‑ceiling windows.
    • New tenant lounge.
    • Fitness center with private bathrooms and showers.
    • Independently metered and cooled server room with UPS backup.
    • Excellent freeway visibility and direct I‑15 access.
    • Upgraded secure, structured parking with five EV charging stations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Murray
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8993679
    Latitude
    40.6555768

    Nearby Similar for Lease

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      Murray Office Space for Lease

      Campus-like office property with updated interiors and convenient amenities.
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      43,000 SF

      Modern Office Space Available Now

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    FAQs

    What type of property is this?
    Office Property / Space - Iconic Murray office space, flexible suites available.
    Where is this office property / space located?
    The property is located at 5295 Commerce Dr Murray, UT.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Panoramic views from floor-to-ceiling windows.; New tenant lounge.; Fitness center with private bathrooms and showers.
    Request Owner's contact information
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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
    5295 Commerce Dr Murray, UT 84107
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