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    Property profile & analytics

    5101 Commerce Dr Murray, UT 84107

    • Investment properties
    • 89,800 SF
    • 3.50 lot acres
    For Lease
    View listing
    $29 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US86-1259082
    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

    • EMI Health / Insurance Company
    • Resource Innovations / Software Company

    Property Details for 5101 Commerce Dr

    Year built
    2017
    Lot size
    3.50 lot acres
    Property size
    89,800 SF
    Zone code
    M-U
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    21-12-402-027
    APU
    2112402027

    Description

    This exceptional office property, the EMI Building, located at 5101 S Commerce Dr in Murray, Utah, 84107, offers flexible space ideal for businesses of various sizes. The building features traditional office suites with multiple tenancy options, ranging from 4,000 to 10,000 square feet. Currently, one space is immediately available. Its strategic location provides unparalleled convenience and accessibility. Situated just one block from Murray Station, tenants benefit from easy access to both TRAX and FrontRunner light rail systems, ensuring seamless commutes for employees and clients. The property also boasts excellent freeway access, simplifying travel throughout the Salt Lake Valley. For employees seeking amenities, the building is conveniently located near the IHC Complex, offering a wide array of healthcare services. Furthermore, a vibrant selection of retail and restaurant options are within close proximity, providing ample choices for lunch breaks, after-work gatherings, or convenient errands. This property presents a unique opportunity to establish a thriving business in a highly desirable and well-connected location within Salt Lake County. The building's traditional office design offers a professional and functional workspace, perfectly suited for a variety of businesses. Contact us today to learn more about this exceptional opportunity.

    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
    -111.898
    Latitude
    40.6602
    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
    $177,069
    $3,468,500
    $17,219,600
    $20,688,100
    -
    $3,468,500
    $17,219,600
    $20,688,100

    Comparable in this City

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    • Value Estimation by Request
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    5101 Commerce Dr
    Murray, UT 84107
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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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