1141 W State #3 St Hurricane, UT 84737
COMMERCIAL - Hurricane, UT
- Added:
- May 26, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 12 at 6:06 pm
Property Features for 1141 W State #3 St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- H-GCP-1-3
- Size
- 3,240 SF
- Lot size
- 0.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2823
Building Details
- Year built
- 2000
- Floors in Building
- 2
Listing agent J TURD'L MILLER (435) 862-7148
Listing office COLDWELL BANKER PREMIER REALTY 157 E Riverside Dr Ste 1A, St George, UT (435) 628-6700
Listing date May 26, 2026
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.
Key Highlights
- Leased retail space in a popular downtown shopping center.
- Main floor includes two built‑in coolers (200 sq ft), ADA bathroom, and retail/storage areas.
- Fully finished basement with separate rear entrance, bathroom, office, and built‑in cooler (200 sq ft).
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.3k | $18.00 |
| − Vacancy | −$1.3k | −$0.40 |
| EGI | $57.0k | $17.60 |
| − OpEx | −$17.1k | −$5.28 |
| NOI | $39.9k | $12.32 |
