Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1555 S Lost Spring Dr Kanab, UT 84741

    Sponsored
    For Sale
    $384,500

    Single Family Lot - Kanab, UT

    Lot size:
    5.00 Acres
    Days on Market:
    10
    Last Refresh:
    Feb 27 at 6:06 pm

    Property Features for 1555 S Lost Spring Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Horse Property,Pud,Residential
    APN
    326-2
    Exterior features
    Access- All Year, Fenced- Partial, View of Mountains, Vacation Rentals Allowed
    Fencing
    Fenced
    Lot size
    5.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Shanell R Heely

    LRG Collective (801) 210-9093

    Listing agent Shanell Heely (801) 210-0562 License #11345520-AB00

    Listing date Feb 18, 2026

    MLS# 1409230 Listing URL

    Copyright © 2026 Kanab Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Kanab, UT - 5 Acre Lot

    This 5-acre parcel in Kanab, UT, offers unobstructed red cliff views and is equipped with electric, water, and a 1,500-gallon septic system. Zoned R-5, the property allows for two site-built homes. A single short-term rental is permitted, and with a county conditional use permit, two residences can operate as dual short-term rentals. The property is suited for a private estate, family compound, or investment opportunity. The zoning is Horse Property, PUD, and Residential. The land is located minutes from town and outdoor adventure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Kanab
    County
    Kane
    State
    Utah
    Longitude
    -112.46456054
    Latitude
    37.02081203

    Nearby Similar for Sale

    • $379,500
      1,944 SF

      Versatile Shop with Oversized Bays

      Flexible shop space ideal for business, hobbies, or residential conversion.
      3976 E Juniper Cliffs Dr, Kanab, UT 84741
      View Details
    • New
      $4,395,000
      23,486 SF

      Kanab Commercial Property For Sale

      23,486 SF commercial property on 1.24 acres in Kanab.
      190 N 300 W, Kanab, UT 84741
      View Details
    • $1,100,000
      1,344 SF

      Highway 89 Commercial Opportunity

      2.4-acre commercial property with multi-functional space on Highway 89.
      2040 Long Canyon Rd, Kanab, UT 84741
      View Details
    • New
      $1,995,000
      2,156,250 SF

      Kanab Ranch Property Near Zion

      Ranch property near Zion National Park with water rights.
      Mineral Spg Rd, Kanab, UT 84741
      View Details
    • New
      $179,900
      871,200 SF

      20 Acres with Canyon Views

      Off-grid property near Bryce Canyon with water rights and well.
      Briar Patch Ln, Kanab, UT 84741
      View Details
    • New
      $329,900
      1,303 SF

      Retail Space in Kanab, Utah

      Retail property for sale in Kanab, Utah.
      300 E N, Kanab, UT 84741
      View Details
    • $1,600,000
      6,825 SF

      New 8-Plex Multifamily Investment Property

      Newly constructed, fully rented 8-plex with modern finishes.
      5120 E Grand Vermillion Ave, Kanab, UT 84741
      View Details
    • $1,250,000
      2,979 SF

      Kanab Restaurant with Outdoor Dining

      Class A restaurant space with large outdoor dining area.
      210 S 100 E, Kanab, UT 84741
      View Details
    • $2,890,000
      12,594 SF

      Turn-Key Hotel Near National Parks

      Fully operational 39-room hotel near Zion and Grand Canyon.
      70 S 200 W, Kanab, UT 84741
      View Details
    • $775,000
      4,526 SF

      Downtown Kanab Multi-Use Property

      Multi-use property with retail spaces and apartment in Kanab.
      238 West Center St, Kanab, UT 84741
      View Details
    • New
      $1,600,000
      6,825 SF

      New Construction Multifamily Investment Property

      Turn-key, fully rented 8-plex with modern finishes in Kanab.
      5120 E Grande Vermillion Ave, Kanab, UT 84741
      View Details
    • $1,500,000
      2,979 SF

      Turn-Key Restaurant in Kanab, UT

      Class A Restaurant, High Tourist Area
      210 100, Kanab, UT 84741
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 5-acre lot with utilities and red cliff views in Kanab.
    Where is this residential land & home lot located?
    The property is located at 1555 S Lost Spring Dr Kanab, UT.
    What is the asking price?
    The asking price for this property is $384,500.
    What are key features of this property?
    This property features: - Unobstructed red cliff views on a 5-acre parcel; - Zoned R-5 allowing for two site-built homes; - Short-term rental (STR) friendly with potential for dual STRs with a conditional use permit
    (435) 819-9095
    Request Owner's contact information
    1555 S Lost Spring Dr Kanab, UT 84741
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1555 S Lost Spring Dr
    Kanab, UT 84741
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1555 S Lost Spring Dr Kanab, UT 84741
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Shanell R Heely
    Real Estate License ID: 11345520-AB00
    (435) 819-9095 (928) 614-4150 (801) 210-0562
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!