Insulated Flex Space with Roll-Up
For Sale
$190,000
Bldg G 24 E Industrial Dr, Washington, UT 84780
Commercial-grade units provide climate control, substantial electrical capacity, and flexible room for storage or hobby use.
Property Size960 SF
Price / SF$197.92
Days on Market87
Property Features for Bldg G 24 E Industrial Dr
General Information
Standard status
Active
Size
960 SF
Amenities
clubhouse
restrooms
water tap
air hose
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: Jul 21
Changed: Oct 5
Last Checked: Oct 7 at 5:19PM
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 private flex-space facility offers multiple commercial-grade, insulated units with air conditioning and heating. Each unit includes a 14-foot powered roll-up door, a 50 AMP plug, a 100 AMP electrical panel, and 110-volt outlets throughout. Office space and additional storage can be added.
Shared facility amenities include restrooms, a water tap, an air hose, and a clubhouse. The units can accommodate motorhomes, boats, classic cars, or hobby-shop uses. The property is located at Bldg G 24 E. Industrial Dr in Washington, Utah.
Shared facility amenities include restrooms, a water tap, an air hose, and a clubhouse. The units can accommodate motorhomes, boats, classic cars, or hobby-shop uses. The property is located at Bldg G 24 E. Industrial Dr in Washington, Utah.
Key Highlights
- 2024‑built private facility with multiple flex‑space units available
- Commercial‑grade insulated construction with A/C and heating
- 14‑foot roll‑up power door in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,125
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,500
$162.5K
Cap Rate 7%
$116,071
$116.1K
Cap Rate 9%
$90,278
$90.3K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$10.4K $10.80/SF
− Vacancy
−$809 −$0.84/SF
EGI
$9.6K $9.96/SF
− OpEx
−$1.4K −$1.49/SF
NOI
$8.1K $8.46/SF
Area
Washington County, UT
Vacancy
7.80%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,500
Cap Rate 7%
$116,071
Cap Rate 9%
$90,278
Alternative Uses
Best Use
Warehouse
$116.1K
$101.6K – $135.4K
NOI $8,125 @ 7.0% cap · market cap 4.28%
Second Best
Flex RnD
$98.1K
$85.8K – $114.4K
NOI $6,866 @ 7.0% cap · market cap 3.61%
Theoretical Best
Specialty Retail
$264.4K
$231.3K – $308.4K
NOI $18,505 @ 7.0% cap · market cap 9.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Balanced
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial-grade units provide climate control, substantial electrical capacity, and flexible room for storage or hobby use.
Where is this flex space located?
The property is located at Bldg G 24 E Industrial Dr Washington, UT.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 2024‑built private facility with multiple flex‑space units available; Commercial‑grade insulated construction with A/C and heating; 14‑foot roll‑up power door in each unit
