Insulated Self-Storage
For Sale
$285,000
2 Bldg G_2 24 E Industrial Dr, Washington, UT 84780
Commercial-grade storage units offer climate control, powered access, and shared facility amenities for specialized vehicle and hobby storage.
Property Size1,440 SF
Price / SF$197.92
Days on Market66
Property Features for 2 Bldg G_2 24 E Industrial Dr
General Information
Standard status
Active
Size
1,440 SF
Building Details
Year Built
2024
Listing Agency:
CENTURY 21 EVEREST ST GEORGE
Listed By:
BRYAN S BURNETT · License #5496981-SA
(435) 673-9266
Source:
Utahluxuryhometeam
Added: Aug 10
Changed: Oct 9
Last Checked: Oct 7 at 5:09PM
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
Investment Insights
Based on property information with market context.
Built in 2024, this self-storage condominium property consists of commercial-grade insulated units within a private facility. Individual spaces include air conditioning and heating, a 14-foot powered roll-up door, a 50 AMP plug, a 100 AMP electrical panel, and 110-volt outlets throughout. Office or supplemental storage improvements can be added.
Shared amenities include a clubhouse, restrooms, a water tap, and an air hose. The units are suited to storage of motorhomes, boats, classic cars, or use as hobby shops. The property is located at 24 E. Industrial Dr in Washington, Utah.
Shared amenities include a clubhouse, restrooms, a water tap, and an air hose. The units are suited to storage of motorhomes, boats, classic cars, or use as hobby shops. The property is located at 24 E. Industrial Dr in Washington, Utah.
Key Highlights
- 2024‑built private storage facility with insulated commercial‑grade condominium units
- 14‑foot powered roll‑up door, 50 AMP plug, and 100 AMP electrical panel per unit
- Air conditioning, heating, and 110‑volt outlets throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,789
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,780
$275.8K
Cap Rate 7%
$196,986
$197.0K
Cap Rate 9%
$153,211
$153.2K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$20.7K $14.40/SF
− Vacancy
−$1.0K −$0.72/SF
EGI
$19.7K $13.68/SF
− OpEx
−$5.9K −$4.10/SF
NOI
$13.8K $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%
$275,780
Cap Rate 7%
$196,986
Cap Rate 9%
$153,211
Alternative Uses
Best Use
Self Storage
$197.0K
$172.4K – $229.8K
NOI $13,789 @ 7.0% cap · market cap 4.84%
Second Best
Warehouse
$174.1K
$152.4K – $203.1K
NOI $12,188 @ 7.0% cap · market cap 4.28%
Theoretical Best
Specialty Retail
$396.5K
$347.0K – $462.6K
NOI $27,758 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Commercial-grade storage units offer climate control, powered access, and shared facility amenities for specialized vehicle and hobby storage.
Where is this self storage facility located?
The property is located at 2 Bldg G_2 24 E Industrial Dr Washington, UT.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 2024‑built private storage facility with insulated commercial‑grade condominium units; 14‑foot powered roll‑up door, 50 AMP plug, and 100 AMP electrical panel per unit; Air conditioning, heating, and 110‑volt outlets throughout
