1000 Bellwood LnMurray, UT 84123

Property Details for 1000 Bellwood Ln

Year built

1982

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.61 AC

Property size (Sq ft)

6,000 SF

Zone code

G-O

Property type

Investment properties

Property subtype

Retail residential properties

APN

21-11-381-016

APU

2111381016

Description

This exceptional 6,000-square-foot traditional office building presents a compelling owner-user opportunity in Murray, Utah. Located at 1000 W Bellwood Ln, 84123, this Class B property sits on a 0.66-acre lot (APN: 21-11-381-0016 & 21-11-381-017) and boasts excellent visibility and convenient access to I-15. Built in 1982, the building is currently vacant, offering a blank canvas for a new owner. The property includes 35 parking stalls and an additional parking lot to the south, ensuring ample space for employees and clients. The asking price is $1,500,000. This presents a rare chance to acquire a well-situated office building in a thriving Salt Lake County location. The property's size and convenient location make it ideal for a variety of businesses seeking a prominent presence in the Murray market. Don't miss this chance to own a valuable commercial asset in a high-demand area. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,965,485

  6.5%

  $1,814,294

  7%

  $1,684,701

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,863,255

  Geo Method

  $1,863,255

• Alternative Use

  Use

  Valuation

  Residential

  $1,814,294

  Hospitality

  $1,661,883

  Educational

  $1,382,667

  Medical

  $1,430,220

  Retail

  $2,150,816

Location Insight

City

Salt Lake City

County

Salt Lake

State

Utah

Latitude

40.6538

Longitude

-111.92

CBSA code

41620

CBSA name

SALT LAKE CITY, UT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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