Fenced-Yard Flex
For Sale
$990,000
Pending
1198 W 1130 N, St George, UT 84770
Combined warehouse and office property with a fenced outdoor area for equipment and vehicle parking.
Property Size5,040 SF
Days on Market57
Property Features for 1198 W 1130 N
General Information
Standard status
Pending
Size
5,040 SF
Property subtype
Industrial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Dock-High Doors
1
Drive-In Doors
3
Building Details
Building Size
5,040 SF
Year Built
1993
Buildings
1
Listing Agency:
Ence Group LLC
Listed By:
Skyler W Ence
(435) 668-4242
Source:
Gardnerrealestate
Added: Aug 13
Changed: Sep 25
Last Checked: Oct 7 at 5:47PM
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 Ence Group LLC
Investment Insights
Based on property information with market context.
This flex property combines warehouse and office functionality within a building constructed in 1993. The facility includes four roll-up doors, including one street-accessible entrance with a loading dock-height threshold. Interior office improvements include two private offices, a reception area, a kitchen that may serve as additional office space, and one bathroom.
A large fenced yard provides outdoor parking for equipment and vehicles. The mix of warehouse access, office areas, and enclosed exterior storage supports a range of operational requirements within one commercial property.
A large fenced yard provides outdoor parking for equipment and vehicles. The mix of warehouse access, office areas, and enclosed exterior storage supports a range of operational requirements within one commercial property.
Key Highlights
- Four roll‑up doors provide warehouse access
- One roll‑up door includes a street‑level loading dock‑height entrance
- Large fenced yard for equipment and vehicle parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,952
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,079,040
$1.1M
Cap Rate 7%
$770,743
$770.7K
Cap Rate 9%
$599,467
$599.5K
Market Conditions
NOI Build-Up for 5,040 SF
Gross rent
$74.4K $14.76/SF
− Vacancy
−$2.5K −$0.49/SF
EGI
$71.9K $14.27/SF
− OpEx
−$18.0K −$3.57/SF
NOI
$54.0K $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%
$1,079,040
Cap Rate 7%
$770,743
Cap Rate 9%
$599,467
Alternative Uses
Best Use
Office B
$770.7K
$674.4K – $899.2K
NOI $53,952 @ 7.0% cap · market cap 5.45%
Second Best
Warehouse
$609.4K
$533.2K – $711.0K
NOI $42,658 @ 7.0% cap · market cap 4.31%
Theoretical Best
Specialty Retail
$1.39M
$1.21M – $1.62M
NOI $97,152 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Dock-high doors
3
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
752
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 84770, UT
44,505
Population
21,173
Households
2.1
Avg Household Size
36
Median Age
29%
College-Educated
93%
High-School Grad
72.1 sq mi
ZIP Area
617
Density / Sq Mi
$68,174
Median Household Income
$34,586
Median Earnings
$1,344
Median Rent
$407,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Combined warehouse and office property with a fenced outdoor area for equipment and vehicle parking.
Where is this flex space located?
The property is located at 1198 W 1130 N St George, UT.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Four roll‑up doors provide warehouse access; One roll‑up door includes a street‑level loading dock‑height entrance; Large fenced yard for equipment and vehicle parking
