Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    772 N 2860 E Saint George, UT 84790

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $5,000 /Mo

    Land available for rent near Costco and residential apartments.

    Lot size:
    0.40 Acres

    Property Features for 772 N 2860 E

    General Information

    Lot size
    0.40 Acres

    Building Details

    Year built
    2013

    We can help!

    Listing Contact
    Wes Davis
    Source: Naiglobal

    Listing Agent: Wes Davis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land Near Costco and Apartments

    This land is available for rent with potential future use as auto storage. It is located near Costco and Pine View High School, and across the street from residential apartments.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint George
    County
    Washington
    State
    Utah
    Longitude
    -113.5245275
    Latitude
    37.1216427

    Nearby Similar for Lease

    • $2.00 SF/Yr
      3,186 SF

      Spacious Office Space in St. George

      Former convention center ideal for offices or meeting center.
      1440 E Street George Blvd, St George, UT 84790
      View Details
    • $9,000 /Mo
      20,072 SF

      Turnkey Restaurant in St George

      Fully equipped restaurant inside a popular hotel and conference center.
      850 S Bluff St, St George, UT 84770
      View Details
    • $5,175 /Mo
      60,744 SF

      St George Commercial Space

      Commercial space available for lease in St George, Utah.
      250 N Red Cliffs Dr, St George, UT 84770
      View Details
    • $1.00 SF/Yr
      90,375 SF

      Retail Space in St. George

      Retail shop in a high-traffic St. George center.
      250 N Red Cliffs Dr, St George, UT 84790
      View Details
    • $1.00 SF/Yr
      60,744 SF

      Retail Space at Shoppes Zion

      Exceptional retail opportunity with high visibility and demand.
      250 N Red Cliffs Dr, St George, UT 84770
      View Details
    • $2.00 SF/Yr
      2,400 SF

      St George Storefront For Rent

      Storefront with ample parking and high visibility on St. George Blvd.
      863 E Street George Blvd, St George, UT 84770
      View Details
    • New
      $2.00 SF/Yr
      15,483 SF

      St. George Commercial Space Available

      Versatile commercial space in St. George with storefront and roll-up
      1397 W Sunset #107 Blvd, St George, UT 84770
      View Details
    • $1.00 SF/Yr
      90,375 SF

      St George Commercial Property

      Commercial property available for rent in St George, Utah.
      250 N Red Clfs Dr, St George, UT 84790
      View Details
    • $3 SF/Yr
      1,360 SF

      Office Space in Ancestor Square

      Historic office space in the heart of downtown St. George.
      2 W Street George Blvd, St George, UT 84770
      View Details
    • $1.00 SF/Yr
      40,000 SF

      Proposed Retail Suite Development

      New mixed-use development with retail and office space for lease.
      1 S Pioneer Rd, St George, UT 84790
      View Details
    • $2,800 /Mo
      12,842 SF

      Office Space on Dixie Drive

      Office space featuring floor-to-ceiling windows and ample parking.
      912 W 1600 S, St George, UT 84770
      View Details
    • $2.00 SF/Yr
      11,160 SF

      St. George Multi-Use Industrial Complex

      Multi-tenant industrial building in booming Southern Utah, ideal for various operations.
      635 N Red Rock Rd, St George, UT 84770
      View Details

    FAQs

    What type of property is this?
    Land - Land available for rent near Costco and residential apartments.
    Where is this land located?
    The property is located at 772 N 2860 E Saint George, UT.
    What is the lease rate?
    The lease rate is $5,000 /Mo.
    What are key features of this property?
    This property features: - Potential for auto storage use.; - Located near Costco.; - Near Pine View High School.
    (435) 627-5705
    Request Owner's contact information
    772 N 2860 E Saint George, UT 84790
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    772 N 2860 E
    Saint George, UT 84790
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    772 N 2860 E Saint George, UT 84790
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Wes Davis
    Real Estate License ID: UT 5502820-SA00
    (435) 627-5705 (435) 668-0378 (435) 628-1609
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!