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    47 Fireclay Ave Salt Lake City, UT 84107-2785
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    Property profile & analytics

    47 Fireclay Ave Salt Lake City, UT 84107-2785


    • Apartment buildings
    • 175,726 SF
    • 0.29 lot acres
    Off-Market
    Last Sale Mar 31, 2022
    Property ID
    US86-1297481
    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.

    Value Estimations
    $17,275,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fireclay Coffee / Cafe & Coffee Shop
    • PhysioElite - Sports Physical Therapy / Physician
    • The Present Workshop / Consultant
    • Drip Wear / Clothing & Fashion Store

    Property Details for 47 Fireclay Ave

    Year built
    2017
    Lot size
    0.29 lot acres
    Property size
    175,726 SF
    Zone code
    TOD
    Property type
    Apartment buildings
    APN
    21-01-278-027-4002
    APU
    21012780274002

    Description

    This exceptional retail opportunity is located in the vibrant Murray, Utah market at 47 W Fireclay Ave, zip code 84107. Situated within a thriving multi-level apartment complex built in 2020, this property offers two available spaces ranging from 850 to 2,775 square feet. The building boasts a strong existing tenant base with 340 multi-family units and approximately 500 residents, enjoying a 95% occupancy rate as of April 2021. This translates to a significant built-in customer base for your business. The property benefits from excellent visibility and accessibility directly from Fireclay Avenue, ensuring high foot traffic. Furthermore, its strategic location places it within a half-mile radius of 2,400 additional multi-family units, expanding the potential customer pool considerably. The proximity to a Trax station adds to its convenience and accessibility, making it an ideal location for a variety of retail businesses. This walkable, street-level retail space presents a unique opportunity to establish a thriving business in a high-demand area. The property is classified as street front retail and street level retail, offering excellent exposure and visibility. Salt Lake County location provides access to a large and diverse customer base.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $17,397,000
      Market price range: $1.21M - $23.0M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $13,035,000
      Current use
      MEDICAL BUILDING
      $25,420,000
      Change: +95% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $17,280,000
      Change: +33% Conversion: Moderate
      RESTAURANT
      $16,780,000
      Change: +29% Conversion: Difficult
      WAREHOUSE, STORAGE
      $16,485,000
      Change: +26% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $14,055,000
      Change: +8% Conversion: Difficult
      RETAIL STORES
      $12,360,000
      Change: -5% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $11,155,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.892
    Latitude
    40.6769
    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
    $25,685
    $642,000
    $44,826,500
    $45,468,500
    -
    $642,000
    $44,826,500
    $45,468,500
    More about this property
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