Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5283 State St Murray, UT 84107

    For Lease
    Contact for pricing

    Restaurant/Retail Space Available; High Visibility

    Lot size:
    6,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional retail opportunity presents 6,250 square feet of space at the Pointe @ 53rd, ideally situated on State Street, just off Interstate 15 in the heart of Salt Lake Valley. Currently, the entire building is vacant, offering a unique chance for a single tenant to occupy the entire 6,250 square feet, or the space can be divided. A minimum of 2,750 square feet is divisible, with a maximum contiguous space of 3,500 square feet available. The property boasts excellent visibility and accessibility, making it an ideal location for a variety of businesses. A significant advantage is its proximity to a major medical facility – a 1,000,000 square foot IHC Hospital is directly across the street, ensuring high traffic and potential customer base. The property's location offers significant potential for a drive-thru, adding further appeal to prospective tenants. This is a rare opportunity to secure a prominent retail space in a high-traffic area with exceptional visibility and access. The entire 6,250 square feet is available for lease. Consider this prime location for your next business venture.

    Property Features for 5283 State St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,250 SF

    Unit(s) available at that property

    Space
    Potential Drive Thru
    Size
    3,500 SF

    HighLights

    • 6,250 SF retail building with multiple tenancies available.
    • 3,500 SF restaurant space available, potential drive‑thru.
    • Prime State Street location, near I‑15.
    • Across from a 1,000,000 SF IHC Hospital.
    • Excellent visibility and accessibility in central Salt Lake Valley.
    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
    -111.8872315989
    Latitude
    40.656903521287

    Nearby Similar for Lease

    • Contact for pricing
      436 SF

      Murray Office Space For Lease

      Central Murray office space near Trax, mall, and highways.
      106 W Winchester St, Murray, UT 84107
      View Details
    • Contact for pricing
      138,521 SF

      Murray Office Space Available

      Main floor office space with ample parking and freeway access.
      392 E Winchester St, Murray, UT 84107
      View Details
    • $16 SF/Yr
      109,009 SF

      Murray Office Space for Lease

      Campus-like office property with updated interiors and convenient amenities.
      5288 Commerce Dr, Murray, UT 84107
      View Details
    • Contact for pricing
      43,000 SF

      Modern Office Space Available Now

      260,000 SF available with unmatched expansion capability.
      434 W Ascension Way, Murray, UT
      View Details
    • $23 SF/Yr
      80,000 SF

      Prime Office Space Available

      Class A Office Building, 80,000 SF
      4215 Riverboat Rd, Murray, UT 84123
      View Details
    • $27 SF/Yr
      8,000 SF

      Fashion Blvd Executive Office Suite

      8,000 SF Executive Office Space Available
      6045 Fashion Blvd, Murray, UT 84107
      View Details

    FAQs

    What type of property is this?
    Retail property - Restaurant/Retail Space Available; High Visibility
    Where is this retail property located?
    The property is located at 5283 State St Murray, UT.
    What are key features of this property?
    This property features: 6,250 SF retail building with multiple tenancies available.; 3,500 SF restaurant space available, potential drive-thru.; Prime State Street location, near I-15.
    Request Owner's contact information
    5283 State St Murray, UT 84107
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5283 State St
    Murray, UT 84107
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5283 State St Murray, UT 84107
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.