111 5600Murray, UT 84107

Property Details for 111 5600

Year built

1989

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.25 AC

Property size (Sq ft)

22,926 SF

Zone code

CDC

Property type

Mixed-use properties

Property subtype

Other investment 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.

• CAP approach

  CAP return

  Valuation

  6%

  $7,510,122

  6.5%

  $6,932,420

  7%

  $6,437,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,119,498

  Geo Method

  $7,119,498

• Alternative Use

  Use

  Valuation

  Residential

  $6,932,420

  Hospitality

  $6,350,060

  Educational

  $5,283,176

  Medical

  $5,464,872

  Retail

  $8,218,272

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.6499

Longitude

-111.887

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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