Nova Source
32 W Fireclay Ave, Murray, UT 84107
Murray, Utah, United States
Address
City: Murray
Neighborhood: Murray Manor
State: Utah
Postal Code: 84107
Country: United States
Business facts
Estimated annual revenue~$1.7M
Estimated employees~3
Annual payroll (2020)~$219.6K
In business since1999
Based on reported payroll data
Contacts
Manager
Manager
Area statistics (84107)
Population36,697
Median household income$66,626
Source: US Census ACS
About
Nova Source is located in Murray, Utah, and was founded in 1999. This business is working in the following industry: Real Estate Developer. Annual sales for Nova Source are around $1.3M.
♿
Wheelchair Accessible
Parking, Yes
Market analysis
Earning above its category median in a stable category (Real Estate Developer).
EstimateCategory trend: 2024, +1.9%
Revenue trend (modeled)
~$1.3M2019
~$1.6M2020
~$2.0M2021
~$1.9M2022
~$1.6M2023
~$1.7M2024
Modeled from official industry statistics+5.5%/yr since 201980% confidence band: ±42%
Company profile
Incorporated1999 (UT)
Employees (reported band)8-17
Facility size~2,964 sq ft
Observed
Property
Lot size0.20 acres
CountySalt_lake
ObservedPublic assessor / cadastre record
Federal support (SBA)
PPP loan (2020)$45.8K · 1 jobs reported · implies ~$219.6K annual payroll · $46.2K forgiven
ObservedSource: US SBA public records
Category context
| Businesses | Total revenue | Mean | Median | Median rating | vs median | |
|---|---|---|---|---|---|---|
| Real Estate Developer in Utah | 421 | ~$1.1B | ~$2.6M | ~$802.2K | 4.3★ | 2.2× |
Category revenue trend2024: +1.9%2023: -8.8%2022: +6.6%2021: +18.6%Modeled from business-level estimates
Chain pressure115 chains expanding in this category, led by First American Title, Andrew Dudley, Nebo Real Estate (+517 locations since 2016)
Revenue trajectory vs benchmarks (indexed, 2019 = 100)
Estimate
Immediate area (1 km)
| Businesses | Total revenue | Mean | Median | Jobs | Estimated wage bill | vs median | |
|---|---|---|---|---|---|---|---|
| 1 km area (all businesses) | 368 | ~$1.0B | ~$2.7M | ~$783.9K | 2,206 | ~$185.6M | 2.2× |
| Real estate activities | 20 | ~$28.9M | ~$1.4M | — | 64 | — | — |
| Professional, scientific and technical activities | 11 | ~$28.5M | ~$2.6M | — | 85 | — | — |
1 km area (all businesses): median from the 327 of 368 businesses with estimates
Estimate
Area conditions (84107)
Population36,697 ±1,502
Median household income$66,626 ±$3,639
Median home value$373,900
Bachelor's degree or higher0.4%
Unemployment rate0.0%
Source: US Census ACS