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    Property profile & analytics

    348 4500th S Salt Lake City, UT 84107-3906

    • Commercial land
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US86-0650110
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Quest Diagnostics Murray / Medical Clinic
    • Granger Medical Clinic - Murray Women’s Health / Medical Clinic / Gastroenterologist
    • St Mark's Hospital Surgery Center at 45th / Surgical Center
    • Millcreek Primary Care / General Practitioner
    • Physicians Ed Center Of Utah / Medical Clinic

    Property Details for 348 4500th S

    Lot size
    0.36 lot acres
    Zone code
    G-O
    Property type
    Commercial land
    APN
    22-06-332-023
    APU
    2206332023

    Description

    This exceptional Class A medical office building, located at 348 East 4500 South in Murray, Utah, 84107, offers a unique opportunity for medical professionals seeking high-quality space. The building boasts a total of 52,651 square feet, with multiple tenancy options available. Currently, there are several fully built-out medical suites ranging from a minimum of 3,030 square feet to a maximum contiguous space of 11,266 square feet. A significant 14,296 square feet is currently vacant and ready for immediate occupancy. The building is situated in Salt Lake County and enjoys a park-like setting, enhanced by a nearby stream. Convenient covered parking is readily available for tenants and their patients. The building is well-maintained and features a first-floor Saint Marks Surgery Center, providing a collaborative and established medical environment. This property presents an ideal location for medical practices seeking a prestigious address with excellent amenities and accessibility. The building's modern design and convenient location make it an attractive option for a variety of medical specialties. Contact us today to schedule a viewing and explore the possibilities.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.882
    Latitude
    40.673
    CBSA code
    41620
    CBSA name
    SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,383
    $278,400
    $0.00
    $278,400
    -
    $278,400
    $0.00
    $278,400

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    Salt Lake City, UT 84107-3906
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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
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