Insulated Storage Warehouse
24 E Industrial Rd Washington, UT 84780
For Sale
Contact for pricing
Insulated, secured storage units with roll-up doors, climate control, 100-amp power, and on-site restroom and clubhouse.
Property Size960 SF
Price / SF$210
Days on Market603
Property Features for 24 E Industrial Rd
General Information
- Standard status
- Active
- Size
- 960 SF
- Property subtype
- INDUSTRIAL
Listing Agency:
NAI Excel
(435) 627-5705
Listed By:
Wes Davis · License #5502820-SA00
Source:
Moodyscre
Added: Nov 27, 2024
Changed: Jul 22
Last Checked: Jul 22 at 10:32AM
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 NAI Excel
Investment Insights
Based on property information with market context.
These for-sale storage warehouse condominium units are built as insulated, commercial-grade buildings within a private, secure facility. The property includes a clubhouse and restrooms, along with unit-level features such as A/C and heating. Each unit is equipped with a 100-amp power panel, making the space suitable for storage and light shop use.
Unit configurations include sizes of 24x40 and 24x60, with 14’ or 16’ roll-up doors. On-site amenities listed with the property include a restroom, water tap, and air hose, supported by a clubhouse area.
The storage layout is designed to support a range of uses, including boat and RV storage, classic car storage, and hobby shop space, and the information provided notes that office space and a mezzanine can be added.
Unit configurations include sizes of 24x40 and 24x60, with 14’ or 16’ roll-up doors. On-site amenities listed with the property include a restroom, water tap, and air hose, supported by a clubhouse area.
The storage layout is designed to support a range of uses, including boat and RV storage, classic car storage, and hobby shop space, and the information provided notes that office space and a mezzanine can be added.
Key Highlights
- Commercial‑grade insulated storage units in a private secure facility
- Various unit sizes: 24x40 and 24x60 with 14' or 16' roll‑up doors
- Each unit includes a 100 amp power panel
Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.8k | $14.40 |
| − Vacancy | −$691 | −$0.72 |
| EGI | $13.1k | $13.68 |
| − OpEx | −$3.9k | −$4.10 |
| NOI | $9.2k | $9.58 |
960 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$131.3K
$114.9K – $153.2K
NOI $9,193 @ 7.0% cap · market cap 4.56%
Second Best
Warehouse
$116.1K
$101.6K – $135.4K
NOI $8,125 @ 7.0% cap · market cap 4.03%
Theoretical Best
Specialty Retail
$264.4K
$231.3K – $308.4K
NOI $18,505 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
FAQs
What type of property is this?
Self storage facility - Insulated, secured storage units with roll-up doors, climate control, 100-amp power, and on-site restroom and clubhouse.
Where is this self storage facility located?
The property is located at 24 E Industrial Rd Washington, UT.
What is the asking price?
The asking price for this property is $201,600.
What are key features of this property?
This property features: Commercial‑grade insulated storage units in a private secure facility; Various unit sizes: 24x40 and 24x60 with 14' or 16' roll‑up doors; Each unit includes a 100 amp power panel
