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8-Unit Industrial Flex Building
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1001 E 450 S, Vernal, UT 84078

Well-maintained 8-unit industrial building with in-unit offices and overhead doors, recently updated with parking, roof, insulation, and LED lighting.

Property Size19,756 SF
Price / SF$73.40
Days on Market208

Property Features for 1001 E 450 S

General Information

Standard status Active
Size 19,756 SF
Class B
Property subtype Industrial
Occupancy 100%
Lease Type Gross
Net Operating Income $89,000

Additional Details

Drive-In Doors 8

Building Details

Year Built 1983
Year Renovated 2019
Units 8
Tenancy Multi
Listing Agency: Keller Williams Westfield
Listed By: Cory Jones · License #8563999-SA00
Source: Crexi
Added: Feb 12 Changed: Sep 3 Last Checked: Sep 7 at 8:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Westfield

Investment Insights

Based on property information with market context.

This well-maintained 8-unit commercial industrial building offers flexible tenancy with each unit including an office area and a dedicated glass door entrance. Each unit also features a 12' x 14' overhead door and an additional entry door to the shop area.

The property has received recent updates including a new asphalt parking lot with striping in 2025, a new metal roof and upgraded ceiling insulation in 2019, and new LED light fixtures throughout in 2021. In addition, five of the eight overhead furnaces have been replaced in recent years.

Located just to the northeast of Vernal Regional Airport, the building provides on-site parking and is available for sale as a single property, or as part of a package with an adjacent industrial building listed by the same owner.

Key Highlights

  • 8‑unit commercial/industrial building built in 1983, approximately 19,756 SF
  • Each unit includes an office with a dedicated glass door entrance
  • Each unit has a 12' x 14' overhead door plus an entry door to the shop area

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Home Appliance Store Pet Store Pet Store & Service Department Store

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

8
Drive-in doors

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby
Well-served
Demand for This Use

Demographics for 84078, UT

29,172
Population
11,222
Households
2.6
Avg Household Size
31
Median Age
18%
College-Educated
89%
High-School Grad
1,337.2 sq mi
ZIP Area
22
Density / Sq Mi
$71,230
Median Household Income
$36,374
Median Earnings
$907
Median Rent
$279,000
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Flex space - Well-maintained 8-unit industrial building with in-unit offices and overhead doors, recently updated with parking, roof, insulation, and LED lighting.
Where is this flex space located?
The property is located at 1001 E 450 S Vernal, UT.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 8‑unit commercial/industrial building built in 1983, approximately 19,756 SF; Each unit includes an office with a dedicated glass door entrance; Each unit has a 12' x 14' overhead door plus an entry door to the shop area
(385) 255-6829 Call to check price and availability
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