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Eight-Unit Flex Building
For Sale
$1,450,000

1001 E 450 S, Vernal, UT 84078

Commercial Sale, Vernal, UT

Property Size19,756 SF
Lot Size1.05 Acres
Price / SF$73.40
Days on Market197

Property Features for 1001 E 450 S

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision Vernal; Naples; Jensen
Standard status Active
APN 05:045:0019
Lot size 1.05 Acres

Taxes and HOA fees

Tax Annual Amount 4598

Utilities

Heating system Natural Gas

Building Details

Year built 1983
Flooring type Concrete
Roof type Metal
Listing Agency: KW WESTFIELD · Keller Williams Realty
Listed By: Cory Jones · License #8563999-SA00
Added: Feb 5 Changed: Aug 19 Last Checked: Aug 21 at 9:06AM
MLS# 2136295

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Investment Insights

Based on property information with market context.

This 19,756 SF flex property contains eight commercial-industrial units, each arranged with a private office, dedicated glass-door entry, shop access, and a 12' x 14' overhead door. The building was constructed in 1983 and includes concrete flooring, natural gas heating, and a metal roof. Five overhead furnaces have been replaced in recent years.

Recent capital work includes a new asphalt parking lot and striping completed in 2025, upgraded ceiling insulation and a new metal roof installed in 2019, and LED lighting added throughout in 2021. The 1.05-acre property is positioned just northeast of Vernal Regional Airport at 1001 E 450 S in Vernal, Utah, and the adjacent industrial building is also offered for sale by the same owner.

Key Highlights

  • Eight units within an approximately 19,756 SF flex building
  • Each unit includes an office, glass‑door entrance, shop entry door, and 12' x 14' overhead door
  • 1.05‑acre property located just northeast of Vernal Regional Airport

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Home Appliance Store Pet Store Pet Store & Service Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby
Well-served
Demand for This Use

Demographics for 84078, UT

29,172
Population
11,222
Households
2.6
Avg Household Size
31
Median Age
18%
College-Educated
89%
High-School Grad
1,337.2 sq mi
ZIP Area
22
Density / Sq Mi
$71,230
Median Household Income
$36,374
Median Earnings
$907
Median Rent
$279,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-unit industrial space with private offices, shop access, and recent building improvements.
Where is this flex space located?
The property is located at 1001 E 450 S Vernal, UT.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Eight units within an approximately 19,756 SF flex building; Each unit includes an office, glass‑door entrance, shop entry door, and 12' x 14' overhead door; 1.05‑acre property located just northeast of Vernal Regional Airport
More about this property
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