Insulated Storage Warehouse
For Sale
Contact for pricing
24 E Industrial Rd, Washington, UT 84780
Insulated, secured storage units with roll-up doors, climate control, 100-amp power, and on-site restroom and clubhouse.
Property Size960 SF
Price / SF$210
Days on Market697
Property Features for 24 E Industrial Rd
General Information
Standard status
Active
Size
960 SF
Property subtype
INDUSTRIAL
Amenities
clubhouse
restrooms
air conditioning and heating
water tap
air hose
Listing Agency:
NAI Excel
(435) 628-1609
Listed By:
Wes Davis · License #5502820-SA00
(435) 627-5705
Source:
Moodyscre
Added: Nov 27, 2024
Changed: Oct 1
Last Checked: Oct 23 at 5:24AM
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.
These for-sale storage warehouse condominium units are built as insulated, commercial-grade buildings within a private, secure facility. The property includes a clubhouse and restrooms, along with unit-level features such as A/C and heating. Each unit is equipped with a 100-amp power panel, making the space suitable for storage and light shop use.
Unit configurations include sizes of 24x40 and 24x60, with 14’ or 16’ roll-up doors. On-site amenities listed with the property include a restroom, water tap, and air hose, supported by a clubhouse area.
The storage layout is designed to support a range of uses, including boat and RV storage, classic car storage, and hobby shop space, and the information provided notes that office space and a mezzanine can be added.
Unit configurations include sizes of 24x40 and 24x60, with 14’ or 16’ roll-up doors. On-site amenities listed with the property include a restroom, water tap, and air hose, supported by a clubhouse area.
The storage layout is designed to support a range of uses, including boat and RV storage, classic car storage, and hobby shop space, and the information provided notes that office space and a mezzanine can be added.
Key Highlights
- Commercial‑grade insulated storage units in a private secure facility
- Various unit sizes: 24x40 and 24x60 with 14' or 16' roll‑up doors
- Each unit includes a 100 amp power panel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,193
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$183,860
$183.9K
Cap Rate 7%
$131,329
$131.3K
Cap Rate 9%
$102,144
$102.1K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$13.8K $14.40/SF
− Vacancy
−$691 −$0.72/SF
EGI
$13.1K $13.68/SF
− OpEx
−$3.9K −$4.10/SF
NOI
$9.2K $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%
$183,860
Cap Rate 7%
$131,329
Cap Rate 9%
$102,144
Alternative Uses
Best Use
Self Storage
$131.3K
$114.9K – $153.2K
NOI $9,193 @ 7.0% cap · market cap 4.56%
Second Best
Warehouse
$116.1K
$101.6K – $135.4K
NOI $8,125 @ 7.0% cap · market cap 4.03%
Theoretical Best
Specialty Retail
$264.4K
$231.3K – $308.4K
NOI $18,505 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
9
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Business Placement
Demographics for 84780, UT
28,025
Population
12,922
Households
2.2
Avg Household Size
36
Median Age
35%
College-Educated
94%
High-School Grad
61.8 sq mi
ZIP Area
453
Density / Sq Mi
$94,103
Median Household Income
$42,098
Median Earnings
$1,581
Median Rent
$511,700
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Self storage facility - Insulated, secured storage units with roll-up doors, climate control, 100-amp power, and on-site restroom and clubhouse.
Where is this self storage facility located?
The property is located at 24 E Industrial Rd Washington, UT.
What is the asking price?
The asking price for this property is $201,600.
What are key features of this property?
This property features: Commercial‑grade insulated storage units in a private secure facility; Various unit sizes: 24x40 and 24x60 with 14' or 16' roll‑up doors; Each unit includes a 100 amp power panel
