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Property profile & analytics
OFF-MARKET Estimated value $4,310,000
Investment properties

5242 College Dr Salt Lake City, UT 84123-2653

37,077 SF 1.9 ac lot Built 1986
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US86-0698155
Property summary
AI-generated overview

The Cloverland Building, located at 5242 South College Drive in Murray, Utah, presents a compelling opportunity for businesses seeking office space in Salt Lake County. This Class B building, constructed in 1986, offers a total of 37,077 square feet across three stories, situated on a 1.9-acre lot. The property is zoned G-O and features a single building with multiple tenancies. Spaces are available ranging from a minimum of 1,988 square feet to a maximum contiguous space of 5,543 square feet, providing flexibility for various business needs. Currently, three individual spaces are available for lease. The building's address is 5242 South College Drive, Murray, UT 84123, with the APN listed as 2112353015. This traditional office building also offers executive office suites, catering to a range of business sizes and preferences. The property is conveniently located in Salt Lake City's vibrant Murray area, offering easy access to major transportation routes and amenities. This is an excellent opportunity to secure office space in a well-maintained building with a desirable location.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 37,077 SF
Lot 1.9 ac (82,764 SF)
Zoning code G-O
APN 21-12-353-015
UPID US86-0698155
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rocky Mountain Home Care & Hospice - Salt Lake City Home Health Care Service Hospice
  • Flores Legal Services Pc Law Firm
  • ContinuumEdge (Bike/Boat/Book/etc) Store Corporate Office
  • Dr. Bretton H. Newman, MD Physician
  • SpaceIQ Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.00M
Blend (final) Blend
$4.31M
Owner & transaction history
Cloverland Office LLC · 7 yrs held
Cloverland Office LLC
since 2018
7 recorded transactions
2018
Price N/A
2016
Price N/A
2014
Price N/A
2006
Price N/A
1997
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
G-O · Salt Lake City, UT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $4.6M +1.3%
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