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Climate-Controlled Flex Space
For Sale
$1,900,000
Pending

780 N Old Highway 91, Hurricane, UT 84737

Commercial Sale, Hurricane, UT

Property Size9,000 SF
Lot Size0.86 Acres
Days on Market163

Property Features for 780 N Old Highway 91

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description Industrial
Subdivision Hurricane Valley
Standard status Pending
APN H-BAJR-2
Size 9,000 SF
Lot size 0.86 Acres

Building Details

Year built 2026
Floors in Building 1
Listing Agency: KW Ascend Keller Williams Realty
Listed By: Lindsay Talbert · License #13948484
Added: Apr 27 Changed: Aug 31 Last Checked: Oct 6 at 11:06PM
MLS# 26-271775

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.

This 9,000-square-foot flex space is under construction as part of a 20-unit small-bay industrial development scheduled for completion in 2026. The building is designed with full climate control, 1-3 phase power, two bathrooms, a private 24' x 12' office, and a mezzanine suitable for storage, office, or conference use. Insulated overhead doors support practical warehouse operations, while the paved, fenced, and landscaped yard adds functional exterior space. The property carries M-1 zoning.

Located on Old Highway 91 in Hurricane, the building has direct I-15 frontage with access to both I-15 and SR-9. Walmart Distribution, FedEx Ground, Orgill, and Lifehouse Foods are identified as neighboring tenants. St. George is approximately 17 minutes away, with Las Vegas about 2 hours distant and Salt Lake City approximately 4 hours away.

Key Highlights

  • 9,000‑square‑foot flex space under construction with 2026 completion
  • Direct I‑15 building frontage with access to I‑15 and SR‑9
  • M‑1 zoning within a 20‑unit small‑bay industrial development

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,176
Cap Rate
4.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,523,520 $1.5M
Cap Rate 7%
$1,088,229 $1.1M
Cap Rate 9%
$846,400 $846.4K
Market Conditions
NOI Build-Up for 9,000 SF
Gross rent
$97.2K $10.80/SF
− Vacancy
−$7.6K −$0.84/SF
EGI
$89.6K $9.96/SF
− OpEx
−$13.4K −$1.49/SF
NOI
$76.2K $8.46/SF
Area
Washington County, UT
Vacancy
7.80%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,523,520
Cap Rate 7%
$1,088,229
Cap Rate 9%
$846,400

Alternative Uses

Best Use
Warehouse
$1.09M
$952.2K – $1.27M (±1% cap)
NOI $76,176 @ 7.0% cap · market cap 4.01%
Second Best
Flex RnD
$919.6K
$804.7K – $1.07M (±1% cap)
NOI $64,372 @ 7.0% cap · market cap 3.39%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.89M (±1% cap)
NOI $173,485 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Electrical Service Plumbing Service Grocery & Convenience Store Computer & Electronic Repair Auto Repair Shop Tech Support Center

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

Lease Details

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 84737, UT

21,212
Population
9,320
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
95%
High-School Grad
250.1 sq mi
ZIP Area
85
Density / Sq Mi
$70,417
Median Household Income
$31,315
Median Earnings
$1,239
Median Rent
$420,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Under-construction industrial space offers highway exposure, flexible interior utility, and direct access to I-15 and SR-9.
Where is this flex space located?
The property is located at 780 N Old Highway 91 Hurricane, UT.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 9,000‑square‑foot flex space under construction with 2026 completion; Direct I‑15 building frontage with access to I‑15 and SR‑9; M‑1 zoning within a 20‑unit small‑bay industrial development
More about this property
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