Murray, UT 84123,696 W CONFLUENCE AVE
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Gabriel Bond

Gabriel Bond

Gabriel Bond | Utah Realtor

+1(801) 830-6076
$ 1,400,000
Est. payment | /mo

871 Sqft Lot


Save
$ 1,400,000
Est. payment | /mo
Save

871 Sqft Lot

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Confluence Place Condo Amd

MLS Listing ID 2056798

Construction Status Blt./Standing

HOA Y/N No

Year Built 2006

Annual Tax Amount $12,000

Lot Size 871 Sqft

Acres 0.02

Lot Dimensions 0.0x0.0x0.0

Property Description

Investment Highlights Annual Gross Rent $82,656 Net Operating Income $62,293.39 Cap Rate 4.45% Property Taxes $10,258.73 Insurance $2,031 HOA Fees $2,479.68 Reserves (3%) $2,479.68 Proforma Cap Rate 6.57% Proforma Annual Rent ($1.25/SF NNN) $94,500 Property Highlights Total: 6,200 SF Tenant: Luxor Reptiles (Heatseeker Reptiles) LED: April 30, 2026 Renewal Option: Tenant Has One (1) Five (5) Year Renewal Option at FMV Built 2006 Annual Increases: 3% Floors: Two (2)

Location

State UT

County Salt Lake

Area Murray; Taylorsvl; Midvale

Zoning Commercial, Industrial

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

View Y/N No

Present Use Industrial

Private Pool No

Building

Faces West

New Construction No

Construction Status Blt./Standing

Others

Senior Community No

Tax ID 21-01-156-030

Listed by LEGEND PARTNERS ll, LLC
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(801) 830-6076

gabrielbondrealtor@gmail.com

6975 Union Park Avenue, Cottonwood Heights, UT, 84047

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696 W CONFLUENCE AVE