Flex Space with Fenced
For Sale
$990,000
Pending
1198 W 1130 N, St George, UT 84770
Commercial Sale, St George, UT
Property Size5,040 SF
Lot Size0.54 Acres
Days on Market57
Property Features for 1198 W 1130 N
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
Greater St. George
Standard status
Pending
APN
SG-BEM-5-E
Size
5,040 SF
Lot size
0.54 Acres
Building Details
Year built
1993
Floors in Building
1
Listing Agency:
Ence Group LLC
(435) 668-4242
Listed By:
Skyler W Ence
(435) 668-6745
Added: Aug 12
Changed: Aug 31
Last Checked: Oct 7 at 10:06PM
MLS# 26-275094
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.
This 5,040-square-foot flex property, built in 1993, combines warehouse and office components with a fenced yard suitable for parking equipment and vehicles. The building has four roll-up doors, including one street-access loading dock entrance.
The office portion includes two offices, a reception area, a kitchen that can serve as an additional office, and one bathroom. Located at 1198 W 1130 N in St George, Utah, the property offers a practical blend of enclosed workspace and secured outdoor area.
The office portion includes two offices, a reception area, a kitchen that can serve as an additional office, and one bathroom. Located at 1198 W 1130 N in St George, Utah, the property offers a practical blend of enclosed workspace and secured outdoor area.
Key Highlights
- 5,040 square feet of flex space built in 1993
- 0.54‑acre lot with a large fenced yard
- Four roll‑up doors provide building access
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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Current Use
Lease Details
1
Dock-high doors
Yes
Fenced yard
Yes
Paved road access
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
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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 - Warehouse-office configuration includes multiple access doors, dedicated offices, and a kitchen area.
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: 5,040 square feet of flex space built in 1993; 0.54‑acre lot with a large fenced yard; Four roll‑up doors provide building access
