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Jenn Smart

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4244 S State St , Millcreek, UT 84107
$3,800,000
Est. Payment: $8,444.44/mo
0.97 Acres
Status: active | Days on site: 1
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99000201 - 98337
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House Description

PRIME MILLCREEK DEVELOPMENT OPPORTUNITY | 115 UNITS + COMMERCIAL (Mixed-Use) Rare opportunity to acquire a high-potential, entitled mixed-use development site in the rapidly growing Millcreek area! Positioned along State Street in Millcreek, this entitled development property is approved for up to 115 residential units with commercial space along the State Street frontage. The site presents an opportunity for affordable housing development or a potential condominium project, subject to applicable approvals and ownership requirements. PRIME LOCATION & ACCESSIBILITY Murray Central TRAX & FrontRunner Station Convenient access to regional public transportation. Intermountain Medical Center (IHC) Near one of Utah's major healthcare campuses and employment centers. Costco on 5300 South Close to major retail, shopping, and everyday conveniences. Interstate 15 Convenient freeway access connecting the entire Salt Lake Valley. State Street Frontage Excellent visibility and accessibility for future commercial tenants. An existing income-producing billboard can remain in place, providing an additional revenue stream without requiring relocation. Significant due diligence has been completed, including a Phase I Environmental Site Assessment with favorable results, geotechnical investigation, ALTA survey, traffic study, and additional supporting development materials. Existing entitlements and completed studies provide a strong foundation for advancing the project. Seeking an apartment or condominium developer ready to acquire the property and move forward. Approvals, reports, and supporting materials are available for qualified buyers to review.

Highlights

Listed by Tyler Brady , 435-229-1990 Spark Realty, LLC , 435-229-1990. Wasatch Front Multiple Listing Service (IDX)

Property Type

Commercial Sale

Lot/Acreage
0.97

Year Built

1955

County

Salt Lake

Area

Murray; Taylorsvl; Midvale

Neighborhood

Tate

Listing ID

2196051

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Interior Features

Exterior Features

Lot Dimensions:0.0x0.0x0.0
Garage Capacity:0
Zoning:MD
Others:
  • ▪ Additional:To Be Built
Principal Interest
$8,444
Taxes
$1,988

Home Price

$3,800,000

Loan Details

30 yrs
0%

Down Payment

20%
$760,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,444.44 $1,988.33 $0.00 $10,432.78
Yearly $101,333.33 $23,860.00 $0.00 $125,193.33
Total $3,040,000.00 $715,800.00 $0.00 $3,755,800.00
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Millcreek, UT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Wasatch Front Regional MLS Inc. and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T07:16:13.000Z

© 2026 Wasatch Front Multiple Listing Service (IDX)