Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Kanab, Utah Horse Property Title is generated by Realmo AI

    Peaceful Circle lot 69, Kanab, UT 84741

    View on Map
    Claim this Listing
    For Sale
    $175,000

    LAND - Kanab, UT

    Lot size:
    2.21 Acres
    Added:
    Jan 24, 2025
    Days on Market:
    483
    Last Refresh:
    May 22 at 5:06 pm

    Property Features for Peaceful Circle lot 69

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    331-69
    Lot size
    2.21 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1023

    We can help!

    Listing Contact
    Meri Crandall
    Meri Crandall

    Listing agent Meri Crandall

    Listing office Summit Sotheby's International Realty (Auto Mall) 1333 S Auto Mall Dr Suite #102, St. George, UT

    Listing date Jan 24, 2025

    MLS# 25-257581 Listing URL

    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.

    HighLights

    • Approved for Short‑Term Rentals (Home and Casita): Excellent investment.
    • Prime 2.5‑Acre Horse Property: Ideal for equestrian enthusiasts.
    • Breathtaking Panoramic Views: Stunning red rock cliffs and majestic mountain scenery.
    • Direct Access to Miles of Trails: Ride horseback, hike, or explore nature directly from the property.
    • Backs to Expansive Parkland: Enhanced privacy and natural surroundings.
    • Modern Utilities and Infrastructure: Underground fiber optics, utilities, and fully paved roads.

    Overview

    This 2.5-acre property in Kanab, Utah, is approved for short-term rentals, offering potential for a private retreat, vacation rental, or dream home. The lot is nestled against expansive parkland and provides additional privacy on one side, boasting panoramic views of red rock cliffs and mountains. Direct access to miles of trails allows for horseback riding, hiking, and exploration. The property features underground fiber optics and utilities, along with fully paved roads. Soil-tested and successfully perked for septic, the land is ready for building. The property is approved for a home and casita to rent short term.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Kanab
    County
    Kane
    State
    Utah
    Longitude
    -112.431862
    Latitude
    37.008038

    Nearby Similar for Sale

    • $6,900,000
      2,941,563 SF

      Large Land Opportunity in Kanab

      675+ acre land opportunity in Kanab, Utah for sale.
      755 Fairway Dr, Kanab, UT 84741
      View Details
    • $379,500
      1,944 SF

      Versatile Shop with Oversized Bays

      Flexible shop space ideal for business, hobbies, or residential conversion.
      3976 E Juniper Cliffs Dr, Kanab, UT 84741
      View Details
    • $319,000
      217,800 SF

      Kanab Land with Red Cliff Views

      5 acres, utilities installed, STR-friendly, and stunning views.
      1555 Lost Spring Dr, Kanab, UT 84741
      View Details
    • $425,000

      Land with Canyon Views

      20 acres of land with development potential in Kanab, UT.
      5333 N Johnson Canyon Rd, Kanab, UT 84741
      View Details
    • $450,000

      Kanab, Utah Vacant Land

      10-acre vacant land in Kanab, Utah with water rights.
      Crescent Butte Trail, Kanab, UT 84741
      View Details
    • $3,950,000
      21,160 SF

      Travelodge in Kanab, Utah

      60-key hospitality property in Kanab, near Zion National Park.
      386 W 300 N, Kanab, UT 84741
      View Details
    • $4,500,000
      645,995 SF

      Prime Commercial Land in Kanab

      14.83 acres at high-traffic intersection, ideal for commercial development.
      Chinle Dr, Kanab, UT 84741
      View Details
    • $4,395,000
      23,486 SF

      Kanab Commercial Property For Sale

      23,486 SF commercial property on 1.24 acres in Kanab.
      190 N 300 W, Kanab, UT 84741
      View Details
    • $3,400,000

      Highway 89 Vacant Land Opportunity

      17.96 acres in Kanab, Utah, with highway frontage.
      Kane Plex Dr, Kanab, UT 84741
      View Details
    • $1,600,000
      6,825 SF

      New Construction Multifamily Investment Property

      Turn-key, fully rented 8-plex with modern finishes in Kanab.
      5120 E Grande Vermillion Ave, Kanab, UT 84741
      View Details
    • $445,000

      Large Lot with Vermillion Cliffs View

      Spacious lot with red rock views and community amenities.
      550 N Toms Canyon Road, Kanab, UT 84741
      View Details
    • $225,000

      Residential Lot with Canyon Views

      Corner lot in La Estancia with community amenities.
      639 E Rainmaker Rd, Kanab, UT 84741
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.5-acre lot approved for short-term rentals and dream home.
    Where is this residential land & home lot located?
    The property is located at Peaceful Circle lot 69 Kanab, UT.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Approved for Short‑Term Rentals (Home and Casita): Excellent investment.; Prime 2.5‑Acre Horse Property: Ideal for equestrian enthusiasts.; Breathtaking Panoramic Views: Stunning red rock cliffs and majestic mountain scenery.
    (435) 229-7424
    We can help!
    Listing Contact
    Meri Crandall
    Meri Crandall
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Peaceful Circle lot: 69, Kanab, UT 84741
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!