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5-Unit Flex Building
For Sale
$2,995,000

1002 E 450 S, Vernal, UT 84078

COMMERCIAL - Vernal, UT

Property Size37,050 SF
Lot Size2.71 Acres
Price / SF$80.84
Days on Market190

Property Features for 1002 E 450 S

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Subdivision Vernal; Naples; Jensen
Standard status Active
APN 05:045:0020
Lot size 2.71 Acres

Taxes and HOA fees

Tax Annual Amount 18072

Utilities

Heating system Natural Gas

Building Details

Year built 2006
Flooring type Concrete
Roof type Metal
Listing Agency: KW WESTFIELD · Keller Williams Realty
Listed By: Cory Jones · License #8563999-SA00
Added: Feb 5 Changed: Aug 14 Last Checked: Aug 14 at 5:06PM
MLS# 2136300

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Investment Insights

Based on property information with market context.

Built in 2006, this five-unit flex property occupies 2.71 acres near the northeast side of Vernal Regional Airport. Each unit includes a private office with a glass-entry door, a separate shop-area entry, and a 12-by-14-foot overhead door. The building has concrete flooring, natural gas heat, and a metal roof.

Recent improvements include sealed and restriped asphalt parking completed in 2025, LED fixtures installed throughout in 2014, and drainage and weather-management work completed in 2015. That 2015 work included an ice and snow break, gutters and downspouts, heat tape, and a French drain. The property is zoned Commercial and provides a multi-unit industrial layout on a substantial site.

Key Highlights

  • Five‑unit flex building on 2.71 acres
  • Each unit includes an office with a glass‑entry door
  • 12' x 14' overhead door and separate shop entry for each unit

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.

Location Intelligence

Trade Area within ½ mile

777
Businesses Nearby
Balanced
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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with individual offices, shop access, overhead doors, and recent site and lighting improvements.
Where is this flex space located?
The property is located at 1002 E 450 S Vernal, UT.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Five‑unit flex building on 2.71 acres; Each unit includes an office with a glass‑entry door; 12' x 14' overhead door and separate shop entry for each unit
More about this property
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