New Climate-Controlled Flex
For Sale
$1,100,000
Pending
780 N Old Highway 91, Hurricane, UT 84737
Commercial Sale, Hurricane, UT
Property Size5,000 SF
Lot Size0.34 Acres
Days on Market164
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-3-PT-A
Size
5,000 SF
Lot size
0.34 Acres
Building Details
Year built
2026
Floors in Building
1
Listing Agency:
KW Ascend Keller Williams Realty
(435) 767-9888
Listed By:
Lindsay Talbert · License #13948484
(435) 900-2469
Added: Apr 26
Changed: Aug 31
Last Checked: Oct 6 at 11:06PM
MLS# 26-271728
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 5,000-square-foot flex space is part of a new industrial development and is scheduled for move-in readiness within 60-90 days. The unit is climate-controlled and includes a mezzanine, a 24' x 12' private office, two bathrooms, insulated overhead doors, 1-3 phase power, and a landscaped, fenced yard. A loading dock may be added for an additional cost, and the property has no CAM fees.
The project is located along Old Highway 91 in the Leeds/Hurricane industrial corridor, with immediate access to I-15 and SR-9. Select units in the development have I-15 frontage. Nearby occupants include Walmart Distribution, FedEx Ground, and Orgill, supporting an established distribution and logistics setting.
The project is located along Old Highway 91 in the Leeds/Hurricane industrial corridor, with immediate access to I-15 and SR-9. Select units in the development have I-15 frontage. Nearby occupants include Walmart Distribution, FedEx Ground, and Orgill, supporting an established distribution and logistics setting.
Key Highlights
- 5,000 SF industrial flex unit
- Built in 2026 with move‑in readiness in 60‑90 days
- 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
NOI $42,320 @ 7.0% cap · market cap 3.85%
Second Best
Flex RnD
$510.9K
$447.0K – $596.0K
NOI $35,762 @ 7.0% cap · market cap 3.25%
Theoretical Best
Specialty Retail
$1.38M
$1.20M – $1.61M
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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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial unit with office space, mezzanine storage, fenced yard, 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 $1,100,000.
What are key features of this property?
This property features: 5,000 SF industrial flex unit; Built in 2026 with move‑in readiness in 60‑90 days; Climate‑controlled interior with mezzanine level
