344 E 5600 S

    Murray, UT 84107
    • $8,575,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: 1549357
    UPDATED: 141 min ago
    $8,575,000
    • 0
      BEDS
    • 1.53
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    LOCATION IS EVERYTHING! Contiguous 4.15 Acre Park-Like Setting in East Murray! Great Investment Opportunity! Parcel #1 is 2.62 Acres with Mixed Multi-Family/Office Space Building; Zoned R-M-15, Tax ID #22-18-177-014: MLS# 1549354. Parcel #2 is 1.53 Acres of Vacant Land; Zoned R-1-8, Tax ID# 22-18-177-005: MLS# 1549357.Parcels MUST Be Purchased Together.Purchase Price Based on 5% Cap Rate Pro Forma.Parcel #1 Includes 3-Story 44,532 SF Building with Wheel Chair Access. 52% of Building (23,335 SF) has 29 Apartment Units. 48% of Building (19,200 SF) Office Space Recently Occupied by Owner. Parking Ratio is 2.5 Stalls per Dwelling Unit with Area to Expand. Historically Parcel# 1 was the Cottonwood Maternity Hospital with Potential Use as a Sobriety Rehab, Nursing Care Facility or Senior Living Center, etc. Historically Parcel #2 Had an On-Site Building That Operated as Daycare Center. Parcels have Egress to Two Separate Streets; 5600 South and Hillside Drive. Just .1 Mile from TOSH Orthopedic Hospital and .7 Mile to IMC Hospital; Parcels Together Offer Abundant Possibilities for Future Development Opportunity!

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    The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Data last updated: 2018-10-21T23:35:53.463.
    www.theutahhomes.com/homes/86808372

    344 E 5600 S Murray, UT 84107

    • Price: $8,575,000
    • Status: Active
    • Updated: 141 min ago
    • ID#: 1549357
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.53
    Acres
    Neighborhood:
    Murray; Taylorsvl; Midvale
    County:
    Salt Lake
    Area:
    Murray; Taylorsvl; Midvale
    Elementary School:
    Mcmillan
    Middle School:
    Hillcrest
    High School:
    Murray
    School District:
    Murray
    Property Description
    LOCATION IS EVERYTHING! Contiguous 4.15 Acre Park-Like Setting in East Murray! Great Investment Opportunity! Parcel #1 is 2.62 Acres with Mixed Multi-Family/Office Space Building; Zoned R-M-15, Tax ID #22-18-177-014: MLS# 1549354. Parcel #2 is 1.53 Acres of Vacant Land; Zoned R-1-8, Tax ID# 22-18-177-005: MLS# 1549357.Parcels MUST Be Purchased Together.Purchase Price Based on 5% Cap Rate Pro Forma.Parcel #1 Includes 3-Story 44,532 SF Building with Wheel Chair Access. 52% of Building (23,335 SF) has 29 Apartment Units. 48% of Building (19,200 SF) Office Space Recently Occupied by Owner. Parking Ratio is 2.5 Stalls per Dwelling Unit with Area to Expand. Historically Parcel# 1 was the Cottonwood Maternity Hospital with Potential Use as a Sobriety Rehab, Nursing Care Facility or Senior Living Center, etc. Historically Parcel #2 Had an On-Site Building That Operated as Daycare Center. Parcels have Egress to Two Separate Streets; 5600 South and Hillside Drive. Just .1 Mile from TOSH Orthopedic Hospital and .7 Mile to IMC Hospital; Parcels Together Offer Abundant Possibilities for Future Development Opportunity!
    Exterior Features

    Frontage Facing N Length In Feet Of Back Of Property 0.0 Length In Feet Of Front Of Property 0.0 Length In Feet Of Side Of Property 0.0 Lot Facts Fenced: FullTerrain: Flat

    Property Features

    Hoa No Hoa Fee 0 Land Property Type Residential Lease Price 0.00 Possession Arrange Taxes 14525 Terms CashConventional Utilities Gas: AvailablePower: AvailableSewer: AvailableSewer: Public Water Shares1 0.00 Water Shares2 0.00 Water Shares3 0.00 Zoning Single-Family Zoning Code R-1-8

    Listing provided courtesy of Pristine Property Of The West. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved.


    The multiple listing information is provided by Wasatch Front Regional Multiple Listing Service, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2018 Wasatch Front Regional Multiple Listing Service, Inc., All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate. Buyer to verify all information. Data last updated: 2018-10-21T23:35:53.463.
     
    The Utah Homes Team with iPro Realty Network
    1443 West. 800 North, Suite 201
    Orem UT, 84057