Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    St. George Retail Building ForSale Title is generated by Realmo AI

    132 North 500 East, St George, UT 84770

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,975,000

    Large retail building with open floor plan in St. George.

    Type:Retail
    Property size:
    13,549 SF
    Price / SF:
    $219/SF
    Added:
    Nov 21, 2025
    Days on Market:
    183
    Last Refresh:
    Dec 3 at 5:44 am

    Property Features for 132 North 500 East

    General Information

    Standard status
    Active
    Size
    13,549 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1971

    We can help!

    Listing Contact
    CHRIS COSIO
    CHRIS COSIO

    Listing agent CHRIS COSIO License #6431250-SA00

    Listing office Advantage Realty, Inc.

    Listing date Nov 21, 2025

    Source Naiglobal

    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 Advantage Realty, Inc.

    HighLights

    • Large, open floor plan suitable for various uses.
    • Prime location in the heart of St. George.
    • Fantastic signage opportunities.
    • Durable block construction.
    • Former furniture building, potentially suitable for retail or redevelopment.
    • Built in 1971.

    Overview

    This is a large, block construction building located in St. George. The property features an open floor plan and signage. The building was formerly used as a furniture store and is situated in the heart of St George. The property size is 13549 square feet.

    Financial Insights

    Value Estimation Calculated for Retail

    Conservative
    $1.86M
    NOI $166,962 @ 9.00% cap · cautious / downside scenario
    Moderate
    $2.39M
    NOI $166,962 @ 7.00% cap · market / base-case scenario
    Aggressive
    $3.34M
    NOI $166,962 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Retail

    Component $ $/SF
    Gross rent $243.9k $18.00
    − Vacancy −$5.4k −$0.40
    EGI $238.5k $17.60
    − OpEx −$71.6k −$5.28
    NOI $167.0k $12.32
    13,549 SF · lease $18.00/SF/yr · vacancy 2.20% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Retail
    $2.39M
    $2.09M – $2.78M (±1% cap)
    NOI $166,962 @ 7.0% cap · market cap 5.61%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $3.73M
    $3.26M – $4.35M (±1% cap)
    NOI $261,172 @ 7.0% cap · market cap 8.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    • Cameo Florist — 695 e tabernacle st, st. george, ut 84770
    • Desert Rose Florist — 70 N 500 E, St. George, UT 84770
    • Patches Of Iris & Violets — 374 E St George Blvd, St. George, UT 84770
    • The Flower Market — 64 N 800 E Suite 5, St. George, UT 84770

    Location Insight

    • Map
    • Local Demand
    City
    St George
    County
    Washington
    State
    Utah
    Longitude
    -113.572362
    Latitude
    37.089707

    Nearby Similar for Sale

    • $849,900
      2,730 SF

      Equine Property with Barn

      Equine property with barn, stalls, and climate control.
      1202 N 1100 W, St George, UT 84770
      View Details
    • $1.00
      516,186 SF

      Mixed-Use Development Opportunity in St George

      New mixed-use retail and office development in high-growth corridor.
      4375 S Pioneer Rd, St George, UT 84790
      View Details
    • $70,000
      151,023 SF

      Turnkey Salon in Downtown St. George

      Fully equipped 13-station salon with seller financing available.
      69 Saint George Blvd, St George, UT 84770
      View Details
    • $4,550,000
      13,180 SF

      St George Commercial Property

      Commercial property with established businesses in St George, Utah.
      427 W 100 S, St George, UT 84770
      View Details
    • $395,000
      2,400 SF

      Sun River RV Garage

      Climate-controlled RV garage in St George, ready for improvements.
      1855 S Hobby Hut Way, St George, UT 84790
      View Details
    • $17,300,000
      59,488 SF

      Hotel and Restaurant Opportunity

      101-room hotel and restaurant in receivership, major renovation needed.
      1450 S AUTO MALL Dr, St George, UT 84770
      View Details
    • $1,495,000
      4,488 SF

      St. George Fourplex Investment Opportunity

      Well-maintained fourplex in St. George with strong rental income.
      1474 W 1040 N, St George, UT 84770
      View Details
    • $674,000
      1,861 SF

      Remodeled Duplex in St George

      Completely remodeled duplex with modern finishes and oversized garages.
      1178 N 1340 W Cir, St George, UT 84770
      View Details
    • $649,500
      1,972 SF

      St George Duplex Investment Opportunity

      Duplex in Twin Palms subdivision with strong rental potential.
      2614 E 620 N, St George, UT 84790
      View Details
    • $829,900
      3,164 SF

      St. George Duplex Near Downtown

      Updated duplex in St. George, offering income potential.
      239 N Main St, St George, UT 84770
      View Details
    • $550,000
      1,994 SF

      Downtown St George Duplex

      Turnkey duplex in prime location with strong rental history.
      464 E 700 St S, St George, UT 84770
      View Details
    • $229,000
      759 SF

      St George Commercial Property

      Commercial property in St George, Utah, with 759 square feet.
      376 E SUNLAND Dr, St George, UT 84790
      View Details

    FAQs

    What type of property is this?
    Storefront property - Large retail building with open floor plan in St. George.
    Where is this storefront property located?
    The property is located at 132 North 500 East St George, UT.
    What is the asking price?
    The asking price for this property is $2,975,000.
    What are key features of this property?
    This property features: Large, open floor plan suitable for various uses.; Prime location in the heart of St. George.; Fantastic signage opportunities.
    (203) 798-9345
    We can help!
    Listing Contact
    CHRIS COSIO
    CHRIS COSIO
    Real Estate License ID: 6431250-SA00
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    132 North 500 East, St. George, UT 84770
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!