4252 700Murray, UT 84107

Property Details for 4252 700

Year built

1985

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.58 AC

Property size (Sq ft)

10,282 SF

Zone code

RM

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

22-05-105-010

APU

2205105010

Description

This exceptional 10,282-square-foot office building in Murray, Utah, presents a unique opportunity for a single tenant. Located at 4252 S 700 E, in Salt Lake County, zip code 84107, this two-story building offers a versatile and functional workspace. The entire 10,282 square feet is currently vacant, providing immediate occupancy for a business seeking a substantial and adaptable space. The building's design incorporates a blend of private offices and open work areas, catering to a variety of operational styles and team structures. This layout allows for customization to meet specific business needs, whether it's a growing company requiring expansion space or an established firm seeking a new, efficient headquarters. The property's location in Murray offers convenient access to major transportation routes and local amenities, enhancing employee convenience and overall business operations. This is a rare opportunity to secure a substantial, move-in ready office space in a desirable Utah location. The property is classified as a traditional office building and is ready for immediate occupancy. The building's size and layout provide ample room for growth and adaptation to evolving business requirements. This presents a compelling opportunity for a business seeking a prominent and functional office space in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,368,170

  6.5%

  $3,109,080

  7%

  $2,887,003

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,192,998

  Geo Method

  $3,192,998

• Alternative Use

  Use

  Valuation

  Residential

  $3,109,080

  Hospitality

  $2,847,900

  Educational

  $2,369,420

  Medical

  $2,450,908

  Retail

  $3,685,764

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.6791

Longitude

-111.872

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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