St. George Industrial
3301 Deseret Dr St George, UT 84790
3301 Deseret Dr, St George, UT, 84790
$8,500,000
For Sale
$8,500,000
COMMERCIAL - St George, UT
Property Size43,000 SF
Lot Size3.32 Acres
Price / SF$197.67
Days on Market716
Property Features for 3301 Deseret Dr
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- SG-MIP-134-PT-A-MD
- Size
- 43,000 SF
- Lot size
- 3.32 Acres
Taxes and HOA fees
- Tax Annual Amount
- 24619
Building Details
- Year built
- 1989
- Floors in Building
- 1
Listing agency
SUPERIOR REAL ESTATE SALES.COM
(435) 632-3475
Listed by
KAYLA Cooper CROSBY
(435) 632-3475
Added: Aug 6, 2024 Updated: May 11 at 6:05PM Checked: Jul 22 at 4:06PM
MLS# 24-253614
Copyright © 2026 Washington County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in St. George, Utah, this industrial property presents an investment opportunity. Constructed in 1989 and remodeled in 2019, this single-tenant manufacturing facility spans 43,000 square feet on a 3.32-acre parcel. The property is zoned M-2 Industrial, supporting a range of heavy industrial uses. The building features approximately 20-foot clear heights in the warehouse and 10-foot clear heights in the packaging area. The property is located in St. George City, benefiting from regional growth and accessibility. The current tenant is in place through September 30, 2030, with a CAP rate of 5.5%. This property is suited for manufacturing, distribution, or industrial operations.
Key Highlights
- Tenant in place through September 30, 2030, providing secure, long‑term income.
- Located in St. George, Utah, a fast‑growing economic hub with excellent accessibility.
- 43,000 SF single‑tenant industrial building on a 3.32‑acre site.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $464.4k | $10.80 |
| − Vacancy | −$36.2k | −$0.84 |
| EGI | $428.2k | $9.96 |
| − OpEx | −$128.5k | −$2.99 |
| NOI | $299.7k | $6.97 |
43,000 SF · lease $10.80/SF/yr · vacancy 7.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$4.28M
$3.75M – $5.00M
NOI $299,724 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.84M
$10.36M – $13.81M
NOI $828,873 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wilson Electronics
Industrial Manufacturer
weBoost
Telecommunications Service
Dixie IP Internet
Marketing & Advertising
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Single-tenant industrial building in St. George, Utah.
Where is this manufacturing property located?
The property is located at 3301 Deseret Dr St George, UT.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: Tenant in place through September 30, 2030, providing secure, long‑term income.; Located in St. George, Utah, a fast‑growing economic hub with excellent accessibility.; 43,000 SF single‑tenant industrial building on a 3.32‑acre site.
