Self-Storage Unit with Oversized Garage
New
For Sale
$375,000
1155 S Hobby Hut Way, St George, UT 84790
Climate control, heat, air conditioning, and water are provided in a privately owned unit within a maintained complex.
Property Size1,200 SF
Price / SF$312.50
Days on Market3
Property Features for 1155 S Hobby Hut Way
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Zoning
RV storage
Property Condition
Severity
Repairs Needed
Evidence
ready for your improvements
Warehouse & Industrial
Warehouse Space
1,250 SF
Drive-In Doors
1
Conditioned Warehouse
Yes
Additional Details
Utilities to Site
Yes
Amenities
security service
RV dump and wash access
Building Details
Year Built
2018
Listing Agency:
EXP REALTY LLC (So Utah)
Listed By:
Julie Millett · License #mille
(435) 705-3298
Source:
Utahrealestate
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 2:27AM
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 EXP REALTY LLC (So Utah)
Investment Insights
Based on property information with market context.
This privately owned unit is configured for RV storage and includes climate control, heat, air conditioning, and water. Its 14 X 18 garage door provides access for larger stored vehicles and equipment. The interior is presented as a base space for owner improvements.
The unit is part of a maintained complex, with access to an RV dump and wash facility next door. HOA services include utilities, security, and exterior maintenance.
The unit is part of a maintained complex, with access to an RV dump and wash facility next door. HOA services include utilities, security, and exterior maintenance.
Key Highlights
- Configured for RV storage
- Climate controlled with heat, air conditioning, and water
- 14 X 18 garage door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,491
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,820
$229.8K
Cap Rate 7%
$164,157
$164.2K
Cap Rate 9%
$127,678
$127.7K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$17.3K $14.40/SF
− Vacancy
−$864 −$0.72/SF
EGI
$16.4K $13.68/SF
− OpEx
−$4.9K −$4.10/SF
NOI
$11.5K $9.58/SF
Area
Washington County, UT
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,820
Cap Rate 7%
$164,157
Cap Rate 9%
$127,678
Alternative Uses
Best Use
Self Storage
$164.2K
$143.6K – $191.5K
NOI $11,491 @ 7.0% cap · market cap 3.06%
Second Best
Warehouse
$145.1K
$127.0K – $169.3K
NOI $10,157 @ 7.0% cap · market cap 2.71%
Theoretical Best
Specialty Retail
$330.4K
$289.1K – $385.5K
NOI $23,131 @ 7.0% cap · market cap 6.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Explore this area
Business Placement
Demographics for 84790, UT
52,982
Population
20,956
Households
2.5
Avg Household Size
37
Median Age
38%
College-Educated
96%
High-School Grad
48.3 sq mi
ZIP Area
1,097
Density / Sq Mi
$85,720
Median Household Income
$39,108
Median Earnings
$1,598
Median Rent
$500,900
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
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Frequently Asked Questions
What type of property is this?
Self storage facility - Climate control, heat, air conditioning, and water are provided in a privately owned unit within a maintained complex.
Where is this self storage facility located?
The property is located at 1155 S Hobby Hut Way St George, UT.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Configured for RV storage; Climate controlled with heat, air conditioning, and water; 14 X 18 garage door
