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Climate-Controlled Flex Space
For Sale
$1,100,000
Pending

780 N Old Highway 91, Hurricane, UT 84737

Commercial Sale, Hurricane, UT

Property Size5,000 SF
Lot Size0.47 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 5,000 SF
Lot size 0.47 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# 26-271774

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.

Building 8 is an under-construction flex space planned within Silverwood Industrial Park. The 5,000-square-foot unit sits on a 0.47-acre lot and is scheduled for completion in 2026. The building will be climate-controlled throughout, with a mezzanine, a 24-foot by 12-foot private office, two bathrooms, insulated overhead doors, and 1-3 phase power. A loading dock may be added at additional cost. The property will also include a landscaped, fenced yard and no CAM fees.

The site is located along Old Highway 91 in Hurricane’s industrial corridor, with immediate access to I-15 and SR-9. Select units in the park have I-15 frontage. Nearby distribution and logistics users include Walmart Distribution, FedEx Ground, and Orgill. The property carries M-1 zoning and is available for reservation as construction progresses.

Key Highlights

  • 5,000 SF flex space on a 0.47‑acre lot
  • M‑1 zoning with 2026 construction
  • Climate‑controlled interior with mezzanine level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,320
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$846,400 $846.4K
Cap Rate 7%
$604,571 $604.6K
Cap Rate 9%
$470,222 $470.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$54.0K $10.80/SF
− Vacancy
−$4.2K −$0.84/SF
EGI
$49.8K $9.96/SF
− OpEx
−$7.5K −$1.49/SF
NOI
$42.3K $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%
$846,400
Cap Rate 7%
$604,571
Cap Rate 9%
$470,222

Alternative Uses

Best Use
Warehouse
$604.6K
$529.0K – $705.3K (±1% cap)
NOI $42,320 @ 7.0% cap · market cap 3.85%
Second Best
Flex RnD
$510.9K
$447.0K – $596.0K (±1% cap)
NOI $35,762 @ 7.0% cap · market cap 3.25%
Theoretical Best
Specialty Retail
$1.38M
$1.20M – $1.61M (±1% cap)
NOI $96,381 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Building Supply HVAC Service Pharmacy Parking Lot & Garage

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

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 unit with office space, mezzanine storage, private yard, and direct regional highway access.
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 $1,100,000.
What are key features of this property?
This property features: 5,000 SF flex space on a 0.47‑acre lot; M‑1 zoning with 2026 construction; Climate‑controlled interior with mezzanine level
More about this property
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