Commercial Mixed-Use
For Sale
Contact for pricing
481 W 100 N, Hurricane, UT 84737
The existing house offers five bedrooms, one and a half bathrooms, and General Commercial zoning.
Property Size2,464 SF
Price / SF$223.21
Days on Market637
Property Features for 481 W 100 N
General Information
Standard status
Active
Size
2,464 SF
Class
C
Property subtype
Hospitality, Industrial, Office, Retail
Zoning
General Commercial
Investment Type
Value Add
Amenities
driveway
large backyard
Building Details
Year Built
1988
Buildings
1
Listing Agency:
ERA Brokers Consolidated
(801) 599-1206
Listed By:
Eric Hatch · License #UT 12976216-AB00
Source:
Crexi
Added: Dec 2, 2024
Changed: Aug 30
Last Checked: Aug 30 at 2:34AM
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 ERA Brokers Consolidated
Investment Insights
Based on property information with market context.
Located at 481 W 100 N in Hurricane, Utah, this mixed-use property consists of a commercially zoned house with 2,464 square feet of property size, five bedrooms, and 1.5 bathrooms. The improvements were built in 1988, and an east-side driveway provides access to the backyard.
The property sits behind NAPA Auto Parts and near retail stores in a Highway Commercial area. It is also positioned along the ATV route of 100 N. The source identifies potential applications including auto repair, lodging, dry cleaning, self storage, child care, and vehicle or equipment rental, subject to applicable approvals and requirements.
The property sits behind NAPA Auto Parts and near retail stores in a Highway Commercial area. It is also positioned along the ATV route of 100 N. The source identifies potential applications including auto repair, lodging, dry cleaning, self storage, child care, and vehicle or equipment rental, subject to applicable approvals and requirements.
Key Highlights
- General Commercial zoning
- 2,464 square feet of property size
- Five bedrooms and 1.5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,268
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$625,360
$625.4K
Cap Rate 7%
$446,686
$446.7K
Cap Rate 9%
$347,422
$347.4K
Market Conditions
NOI Build-Up for 2,464 SF
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.
Gross rent
$53.2K $21.60/SF
− Vacancy
−$3.2K −$1.30/SF
EGI
$50.0K $20.30/SF
− OpEx
−$18.8K −$7.61/SF
NOI
$31.3K $12.69/SF
Area
Washington County, UT
Vacancy
6.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$625,360
Cap Rate 7%
$446,686
Cap Rate 9%
$347,422
Alternative Uses
Best Use
Mixed Use
$446.7K
$390.9K – $521.1K
NOI $31,268 @ 7.0% cap · market cap 5.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$678.5K
$593.7K – $791.6K
NOI $47,496 @ 7.0% cap · market cap 8.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
Explore this area
Business Placement
Demographics for 84737, UT
21,212
Population
9,320
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
95%
High-School Grad
250.1 sq mi
ZIP Area
85
Density / Sq Mi
$70,417
Median Household Income
$31,315
Median Earnings
$1,239
Median Rent
$420,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The existing house offers five bedrooms, one and a half bathrooms, and General Commercial zoning.
Where is this mixed-use property located?
The property is located at 481 W 100 N Hurricane, UT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: General Commercial zoning; 2,464 square feet of property size; Five bedrooms and 1.5 bathrooms
