Insulated Storage Warehouse
For Sale
$220,000
Pending
24 E INDUSTRIAL DR Unit D23, Washington, UT 84780
Climate-controlled condo with secure site access and flexible storage capacity for vehicles, recreation equipment, and business inventory.
Property Size2,023 SF
Days on Market519
Property Features for 24 E INDUSTRIAL DR Unit D23
General Information
Standard status
Pending
Size
2,023 SF
Property subtype
Industrial
Warehouse & Industrial
Power
50 amps
Conditioned Warehouse
Yes
Additional Details
Fenced Yard
Yes
Amenities
clubhouse
RV dump station
security camera system
Building Details
Building Size
2,023 SF
Year Built
2023
Listing Agency:
Century 21 Everest (St George)
(435) 673-9266
Listed By:
Bryan Burnett · License #5496981-SA
(435) 375-4564
Source:
Liftrealty
Added: May 16, 2025
Changed: Oct 15
Last Checked: Oct 15 at 12:24AM
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 Century 21 Everest (St George)
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2023 warehouse condo is fully insulated and climate-controlled for storage of vehicles, recreational equipment, boats, RVs, and business materials. The unit includes epoxy-coated reinforced concrete flooring, an 18'+ ceiling, a 14' electric roll-up door, a separate electric meter, and a 50-amp RV circuit.
The fenced condominium development includes security cameras, broad maneuvering lanes, and an RV dump station. Owners also have access to a private clubhouse with a shower, kitchenette, dining area, and media center. Protective covenants and professional management are in place.
The fenced condominium development includes security cameras, broad maneuvering lanes, and an RV dump station. Owners also have access to a private clubhouse with a shower, kitchenette, dining area, and media center. Protective covenants and professional management are in place.
Key Highlights
- 2023‑built warehouse condo with 18'+ ceiling height
- 14' tall electric roll‑up door
- Fully insulated and climate‑controlled interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,372
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,440
$387.4K
Cap Rate 7%
$276,743
$276.7K
Cap Rate 9%
$215,244
$215.2K
Market Conditions
NOI Build-Up for 2,023 SF
Gross rent
$29.1K $14.40/SF
− Vacancy
−$1.5K −$0.72/SF
EGI
$27.7K $13.68/SF
− OpEx
−$8.3K −$4.10/SF
NOI
$19.4K $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%
$387,440
Cap Rate 7%
$276,743
Cap Rate 9%
$215,244
Alternative Uses
Best Use
Self Storage
$276.7K
$242.2K – $322.9K
NOI $19,372 @ 7.0% cap · market cap 8.81%
Second Best
Warehouse
$244.6K
$214.0K – $285.4K
NOI $17,123 @ 7.0% cap · market cap 7.78%
Theoretical Best
Specialty Retail
$557.1K
$487.5K – $649.9K
NOI $38,996 @ 7.0% cap · market cap 17.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Well-served
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
Similar Off Market Nearby
- Falcon Storage — 24 E Industrial Rd, Washington, UT 84780
- Watchful Eye RV & Boat Storage — 630 N 3050 E # C5, St. George, UT 84790
- Storage Corner Washington — 705 N 3050 E, St. George, UT 84790
- Marine United - St. George — 2938 E Panther Wy, St. George, UT 84790
Frequently Asked Questions
What type of property is this?
Warehouse - Climate-controlled condo with secure site access and flexible storage capacity for vehicles, recreation equipment, and business inventory.
Where is this warehouse located?
The property is located at 24 E INDUSTRIAL DR Unit D23 Washington, UT.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 2023‑built warehouse condo with 18'+ ceiling height; 14' tall electric roll‑up door; Fully insulated and climate‑controlled interior
