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Versatile Commercial Building on Highway

150 S State St La Verkin, UT 84745

150 S State St, La Verkin, UT, 84745

$1,100,000

For Sale

$1,100,000

COMMERCIAL - La Verkin, UT

Property Size4,212 SF

Lot Size0.41 Acres

Price / SF$261.16

AddedMay 22

Days on Market54

Last RefreshJul 14 at 6:06 pm

Property Features for 150 S State St

General Information

Property type: Commercial Sale
Property subtype: Other
Standard status: Active
APN: LV-87-A-1-A-2-C-2
Size: 4,212 SF
Lot size: 0.41 Acres

Taxes and HOA fees

Tax Annual Amount: 2071

Building Details

Year built: 1991
Floors in Building: 1

Listing agent SYNDI Rae BLACKMORE

Listing office WHITE CROW REAL ESTATE 4617 Pioneer Road, St George, UT

Listing date May 22, 2026

MLS# 26-272768

Copyright © 2026 Washington County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,212-square-foot commercial building is located directly on a high-traffic state highway. The property features a newly remodeled showroom with lighted cabinets and access to a private patio. A security camera system is installed throughout the building, which includes hardwood flooring and solid wood cabinetry. The layout combines warehouse storage space with a dedicated professional office and an on-site bathroom. There are four garage doors opening into three drive-in bays. One bay has a 14-foot ceiling clearance, while two additional bays feature 10-foot ceilings. The property is zoned for multi-use, making it suitable for automotive, light manufacturing, contracting, retail distribution, or flex-space conversion. A dedicated signpost is included for brand exposure. The property sits on a 0.41-acre lot.

Key Highlights

High‑traffic state highway frontage ensures maximum visibility and accessibility.
Versatile 4,212‑square‑foot building suitable for various businesses.
Four garage doors accessing three drive‑in bays, including one bay with 14‑foot clearance.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$75.8k	$18.00
− Vacancy	−$1.7k	−$0.40
EGI	$74.1k	$17.60
− OpEx	−$22.2k	−$5.28
NOI	$51.9k	$12.32

4,212 SF · lease $18.00/SF/yr · vacancy 2.20% · expense 30.00%

Alternative Uses

Best Use

Retail

$741.5K

$648.8K – $865.1K (±1% cap)

NOI $51,904 @ 7.0% cap · market cap 4.72%

Second Best

Warehouse

$509.3K

$445.6K – $594.2K (±1% cap)

NOI $35,650 @ 7.0% cap · market cap 3.24%

Theoretical Best

Specialty Retail

$1.16M

$1.01M – $1.35M (±1% cap)

NOI $81,191 @ 7.0% cap · market cap 7.38%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Hotel Zion Inn ... Hotel & Motel Ramada by Wyndham ... Hotel & Motel Kenneth L. Seely, ... Physician Red Fort Cuisine ... Restaurant Rare Rock Shop (Bike/Boat/Book/etc) Store

Suggested Use

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For sale
Flex space
UT
La Verkin
84745
150 S State St

What type of property is this?

Flex space - 4,212 SF building with highway frontage in La Verkin.

Where is this flex space located?

The property is located at 150 S State St La Verkin, UT.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: High‑traffic state highway frontage ensures maximum visibility and accessibility.; Versatile 4,212‑square‑foot building suitable for various businesses.; Four garage doors accessing three drive‑in bays, including one bay with 14‑foot clearance.