1000 Bellwood LnMurray, UT 84123

  • Mixed-use properties
  • 6,000 SF
For Sale
$1,500,000 View listing

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
Mixed-use properties
Property subtype
Other investment 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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1000 Bellwood Ln, Murray, Utah

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$5,116
$398,600
$169,600
$568,200
-
$398,600
$169,600
$568,200

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