5882 900Murray, UT 84121

Property Details for 5882 900

Year built

1998

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.00 AC

Property size (Sq ft)

25,245 SF

Zone code

C-D

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

22-17-334-014

APU

2217334014

Description

Forest Creek Plaza offers a remarkable 1,760 square foot medical office suite in Murray, Utah. This completely remodeled space boasts a prime location in Salt Lake County, at 5882 S 900 E, zip code 84121. The suite features attractive upgrades including new lighting, fresh paint, and updated flooring with carpet tile and LVT in the reception area. Multiple glass conference rooms provide professional meeting spaces. The main level suite benefits from ample natural light in the perimeter offices, creating a bright and welcoming environment for patients and staff. Convenient on-site parking is readily available for tenants and visitors. This exceptional location offers easy access to major freeways and is surrounded by a variety of amenities, making it an ideal choice for medical professionals seeking a modern and well-appointed office space. The property is designated as a multi-tenant building. This is a fantastic opportunity to establish or expand your medical practice in a thriving community. The suite is currently vacant and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $8,269,792

  6.5%

  $7,633,654

  7%

  $7,088,393

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,839,646

  Geo Method

  $7,839,646

• Alternative Use

  Use

  Valuation

  Residential

  $7,633,654

  Hospitality

  $6,992,386

  Educational

  $5,817,583

  Medical

  $6,017,659

  Retail

  $9,049,574

Location Insight

City

Murray

County

Salt Lake

State

Utah

Latitude

40.643

Longitude

-111.867

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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