111 E St Murray, UT 84107
- Investment properties
- 22,926 SF
- 1.25 lot acres
Current Use by Public Records
- Hard Money Lenders Murray UT / Mortgage Lender
- Awana Pamela PhD / Psychologist
- Shannon Hickman Counseling, LLC / Social Worker
- Core Healing Counseling / Psychotherapist / Service Establishment
- Apps / Auto Insurance Agency
Property Details for 111 E St
- Year built
- 1989
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.25 lot acres
- Property size
- 22,926 SF
- Zone code
- CDC
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 22-18-106-027
- APU
- 2218106027
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $730,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $780,000
- 6.5%
- $800,000
- 7%
- $840,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $720,000
- Geo Method
- $725,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $720,000
- Retail
- $740,000
- Mixed-Use
- $900,000
- Hospitality
- $760,000
- Educational
- $915,000
- Residential Income
- $740,000
- Energy
- $780,000
- Income-Based Land
- $735,000
- Food Service
- $765,000
Location Insight
- Map
- Local Demand
- City
- Salt Lake City
- County
- Salt Lake
- State
- Utah
- Longitude
- -111.887
- Latitude
- 40.6499
- CBSA code
- 41620
- CBSA name
- SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA