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Climate-Controlled Flex Space
For Sale
$2,200,000
Pending

780 N Old Highway 91, Hurricane, UT 84737

Commercial Sale, Hurricane, UT

Property Size10,000 SF
Lot Size0.72 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-4-PT-A
Size 10,000 SF
Lot size 0.72 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 26 Changed: Aug 31 Last Checked: Oct 6 at 11:06PM
MLS# 26-271729

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 10,000-square-foot flex-space unit is under construction for delivery in 2026. The building will have climate control throughout, a mezzanine for storage or additional office use, two bathrooms, and a private 24' x 12' office. Insulated overhead doors open to a landscaped, fenced yard, while 1-3 phase power supports a range of industrial operations. M-1 zoning is in place, and buyers may add a loading dock at additional cost.

The property is located at 780 N Old Highway 91 in Hurricane, with immediate connections to I-15 and SR-9. Select units in the industrial park have I-15 frontage. Walmart Distribution, FedEx Ground, and Orgill are identified as neighboring tenants, placing the project among established distribution and logistics users in the Hurricane industrial corridor.

Key Highlights

  • 10,000 SF flex‑space unit under construction for 2026 delivery
  • M‑1 zoning with climate control throughout
  • Mezzanine, two bathrooms, and a 24' x 12' private office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$84,640
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,692,800 $1.7M
Cap Rate 7%
$1,209,143 $1.2M
Cap Rate 9%
$940,444 $940.4K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$108.0K $10.80/SF
− Vacancy
−$8.4K −$0.84/SF
EGI
$99.6K $9.96/SF
− OpEx
−$14.9K −$1.49/SF
NOI
$84.6K $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%
$1,692,800
Cap Rate 7%
$1,209,143
Cap Rate 9%
$940,444

Alternative Uses

Best Use
Warehouse
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,640 @ 7.0% cap · market cap 3.85%
Second Best
Flex RnD
$1.02M
$894.1K – $1.19M (±1% cap)
NOI $71,524 @ 7.0% cap · market cap 3.25%
Theoretical Best
Specialty Retail
$2.75M
$2.41M – $3.21M (±1% cap)
NOI $192,761 @ 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

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
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 - Industrial space with mezzanine storage, private office, 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 $2,200,000.
What are key features of this property?
This property features: 10,000 SF flex‑space unit under construction for 2026 delivery; M‑1 zoning with climate control throughout; Mezzanine, two bathrooms, and a 24' x 12' private office
More about this property
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