Insulated Warehouse Condo
For Sale
Contact for pricing
24 E Industrial Rd, Washington, UT 84780
High-quality insulated warehouse condos with roll-up power doors, A/C & heating, and multiple electrical hookups in a private facility.
Property Size960 SF
Price / SF$197.92
Days on Market812
Property Features for 24 E Industrial Rd
General Information
Standard status
Active
Size
960 SF
Property subtype
INDUSTRIAL
Amenities
clubhouse
restrooms
Listing Agency:
Century 21 Everest | Cottonwood Heights
(435) 705-3029
Listed By:
Bryan Burnett · License #5496981-SA
Source:
Moodyscre
Added: May 10, 2024
Changed: Jul 28
Last Checked: Jul 29 at 4:09PM
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 Century 21 Everest | Cottonwood Heights
Investment Insights
Based on property information with market context.
Multiple insulated warehouse condo units are available within a private facility. Each unit is outfitted with A/C and heating, a 14' roll-up power door, and electrical service including a 50 AMP plug and a 100 AMP panel, with multiple 110 plugs throughout. Units also include the option to add office space and additional storage to suit specific uses.
The facility provides onsite amenities including restrooms, a clubhouse, and utility access such as a water tap and an air hose. Each unit also includes a 50 AMP plug and designated power provisions that can support a range of light industrial and hobby-oriented operations.
With varying unit sizes and multiple available spaces, these warehouse condos are suited for owner-occupants looking for a controlled, amenity-equipped setup, or for investors seeking individual condo-style units within the same private complex.
The facility provides onsite amenities including restrooms, a clubhouse, and utility access such as a water tap and an air hose. Each unit also includes a 50 AMP plug and designated power provisions that can support a range of light industrial and hobby-oriented operations.
With varying unit sizes and multiple available spaces, these warehouse condos are suited for owner-occupants looking for a controlled, amenity-equipped setup, or for investors seeking individual condo-style units within the same private complex.
Key Highlights
- High‑quality, insulated warehouse condo units in a private facility with a clubhouse and restrooms
- Each unit includes A/C & heating and a 14' roll‑up power door
- Electrical hookups include 50 AMP plug, 100 AMP panel, and 110 plugs throughout (space available to add an office and storage)
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $10.4k | $10.80 |
| − Vacancy | −$809 | −$0.84 |
| EGI | $9.6k | $9.96 |
| − OpEx | −$1.4k | −$1.49 |
| NOI | $8.1k | $8.46 |
960 SF · lease $10.80/SF/yr · vacancy 7.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$116.1K
$101.6K – $135.4K
NOI $8,125 @ 7.0% cap · market cap 4.28%
Second Best
Flex RnD
$98.1K
$85.8K – $114.4K
NOI $6,866 @ 7.0% cap · market cap 3.61%
Theoretical Best
Specialty Retail
$264.4K
$231.3K – $308.4K
NOI $18,505 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
727
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - High-quality insulated warehouse condos with roll-up power doors, A/C & heating, and multiple electrical hookups in a private facility.
Where is this flex space located?
The property is located at 24 E Industrial Rd Washington, UT.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: High‑quality, insulated warehouse condo units in a private facility with a clubhouse and restrooms; Each unit includes A/C & heating and a 14' roll‑up power door; Electrical hookups include 50 AMP plug, 100 AMP panel, and 110 plugs throughout (space available to add an office and storage)
