4700 S Riverside Dr S, Murray, UT 84123

$8,300,000

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List Price
$8,300,000
Status
ACTIVE
MLS#
2182107
Days on Market
4
Year Built
1974
Parcel Number
21-01-355-010
Acres
3.91
County
Salt Lake
Region
Murray; Taylorsvl; Midvale
Subdivision
Jordan

Property Description

Rare Industrial Outdoor Storage (IOS) opportunity in Murray. 30,259 SF building on 3.907 acres with 2.80 acres of secured, fenced yard. M-G zoning supports a broad range of industrial uses including contractors, distribution, fleet operations, equipment storage and service businesses. Property delivers vacant January 2027 following planned tenant departure, positioning it for owner user occupancy with time to plan the transition or investor re-tenanting in a supply constrained Wasatch Front IOS market. In place income runs through year end 2026, providing cash flow coverage during the interim period. Component valuation supports $50,000 per month stabilized rent ($600,000 NOI) based on current market lease comps for building and yard components. SBA 504 eligible for qualified owner users. Excellent access to I-15, I-215 and the greater Salt Lake industrial corridor. Formal call for offers process with Friday deadline. Contact listing broker for Offering Memorandum.

Additional Information

Taxes
$41,847
Exterior Features
Storage, Warehouse

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Calculator source: Real Geeks

Listing courtesy of Legend Commercial, LLC.

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