Office Condo For
For Sale
$319,000
1160 S Street, St George, UT 84790
Office condo available for purchase at Sunland Commercial Center.
Property Size1,600 SF
Days on Market209
Property Features for 1160 S Street
General Information
Standard status
Active
Size
1,600 SF
Class
B
Property subtype
Office
Building Details
Building Size
1,600 SF
Listing Agency:
NAI Excel
Listed By:
Curren Christensen · License #6431250-SA00
(435) 627-5752
Source:
Naiglobal
Added: Apr 1
Changed: Oct 25
Last Checked: Oct 24 at 3:54PM
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 NAI Excel
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Investment Insights
Based on property information with market context.
An office condo is available for purchase at the Sunland Commercial Center. The property is located at 1160 S Street, St George, UT 84790.
Key Highlights
- Office condo for sale
- Located at the Sunland Commercial Center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,128
Cap Rate
5.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,560
$342.6K
Cap Rate 7%
$244,686
$244.7K
Cap Rate 9%
$190,311
$190.3K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$23.6K $14.76/SF
− Vacancy
−$779 −$0.49/SF
EGI
$22.8K $14.27/SF
− OpEx
−$5.7K −$3.57/SF
NOI
$17.1K $10.70/SF
Area
Washington County, UT
Vacancy
3.30%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,560
Cap Rate 7%
$244,686
Cap Rate 9%
$190,311
Alternative Uses
Best Use
Office B
$244.7K
$214.1K – $285.5K
NOI $17,128 @ 7.0% cap · market cap 5.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$440.6K
$385.5K – $514.0K
NOI $30,842 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
325
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 Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office condo available for purchase at Sunland Commercial Center.
Where is this office unit located?
The property is located at 1160 S Street St George, UT.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Office condo for sale; Located at the Sunland Commercial Center
