746 Winchester StMurray, UT 84107

  • Mixed-use properties
  • 2,904 SF
For Sale
$1,242,880 View listing

Property Details for 746 Winchester St

Year built
1997
Lot size
0.01 AC
Property size (Sq ft)
2,904 SF
Zone code
G-0
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
22-20-157-013
APU
2220157013

Description

This exceptional 3,884 square foot medical office condominium in Murray, Utah, presents a unique investment opportunity. Located at 746 E Winchester St, 84107, this Class B property boasts high-end finishes throughout, creating a sophisticated and professional environment. The asking price is $1,242,880, translating to $320 per square foot. The unit is ideally suited for medical practices, offering a convenient and well-appointed space. Existing furniture may remain, simplifying the transition for new owners. Tenants enjoy 24/7 access to an on-site gym and the added benefit of a golf simulator. Two covered parking stalls are available for purchase separately, adding to the property's appeal. The building offers a 4/1,000 parking ratio. Its strategic location provides easy access to a wide array of dining and shopping establishments, enhancing both convenience and desirability. This turnkey medical office condo offers a compelling blend of functionality, amenities, and prime location, making it an attractive proposition for discerning buyers. The property is situated in Salt Lake County, Utah.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $951,298
    6.5%
    $878,122
    7%
    $815,399
  • Comparable approach

    Method
    Valuation
    Relative Method
    $901,815
    Geo Method
    $901,815
  • Alternative Use

    Use
    Valuation
    Residential
    $878,122
    Hospitality
    $804,355
    Educational
    $669,214
    Medical
    $692,229
    Retail
    $1,040,999
746 Winchester St, Murray, Utah
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Location Insight

City
Salt Lake City
County
Salt Lake
State
Utah
Latitude
40.6315
Longitude
-111.871
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
2023
$7,041
$246,800
$575,900
$822,700
-
$246,800
$575,900
$822,700

FAQs

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