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New Industrial Units Available Soon
For Sale
$1,100,000
Pending

2-780 N Old Highway 91, Hurricane, UT 84737

New industrial units for sale in Hurricane industrial corridor.

Property Size10,000 SF
Lot Size0.62 Acres
Days on Market171

Property Features for 2-780 N Old Highway 91

General Information

Standard status Pending
Size 10,000 SF
Lot size 0.62 Acres
Listing Agency: KW Ascend Keller Williams Realty
Listed By: Lindsay Talbert · License #13948484
Source: Exprealty
Added: Apr 26 Changed: Sep 10 Last Checked: Oct 12 at 8:51PM

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 KW Ascend Keller Williams Realty

Investment Insights

Based on property information with market context.

Unit #2 is available to be built within the Silverwood Industrial Park, which will offer 20 new industrial units for lease or sale along Old Highway 91 in the Hurricane industrial corridor. The location is in one of the most active distribution and logistics zones in Southern Utah. Units are available in 5,000 SF and 10,000 SF configurations on lots ranging from 0.37 to 0.62+ acres, with M-1 zoning suited to a wide range of industrial users. Select units have I-15 frontage, offering visibility and advertising advantages. Each unit is fully climate-controlled and includes a mezzanine level for additional storage or conversion into a second office or conference space. Buyers can add a loading dock at an additional cost. Each unit features 1-3 phase power, two bathrooms, a 24' 12' private office, insulated overhead doors, and a fully landscaped and fenced yard. There are no CAM fees. Construction is underway in 2026 with immediate I-15 and SR-9 access. Neighboring tenants include Walmart Distribution, FedEx Ground, and Orgill. Units are first-come, first-served.

Key Highlights

  • Brand new industrial units in Hurricane, Southern Utah, offering immediate I‑15 and SR‑9 access.
  • M‑1 zoning suitable for a wide range of industrial uses.
  • Fully climate‑controlled units with mezzanine level for storage or office space.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$71,524
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,430,480 $1.4M
Cap Rate 7%
$1,021,771 $1.0M
Cap Rate 9%
$794,711 $794.7K
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$111.6K $11.16/SF
− Vacancy
−$1.6K −$0.16/SF
EGI
$110.0K $11.00/SF
− OpEx
−$38.5K −$3.85/SF
NOI
$71.5K $7.15/SF
Area
Washington County, UT
Vacancy
1.40%
Lease Rate
$11.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,430,480
Cap Rate 7%
$1,021,771
Cap Rate 9%
$794,711

Alternative Uses

Best Use
Flex RnD
$1.02M
$894.1K – $1.19M (±1% cap)
NOI $71,524 @ 7.0% cap · market cap 6.50%
Second Best
Industrial
$995.8K
$871.3K – $1.16M (±1% cap)
NOI $69,703 @ 7.0% cap · market cap 6.34%
Theoretical Best
Specialty Retail
$2.75M
$2.41M – $3.21M (±1% cap)
NOI $192,761 @ 7.0% cap · market cap 17.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Plumbing Service Garden Center Pharmacy Hair Salon Carpet & Flooring Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - New industrial units for sale in Hurricane industrial corridor.
Where is this flex space located?
The property is located at 2-780 N Old Highway 91 Hurricane, 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: Brand new industrial units in Hurricane, Southern Utah, offering immediate I‑15 and SR‑9 access.; M‑1 zoning suitable for a wide range of industrial uses.; Fully climate‑controlled units with mezzanine level for storage or office space.
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