Four-Office Professional
For Sale
$250,000
325 E Newel Ave, Hildale, UT 84784
Four private offices, two restrooms, and a kitchenette provide a functional setup for professional operations.
Property Size1,504 SF
Lot Size0.24 Acres
Price / SF$166.22
Days on Market22
Property Features for 325 E Newel Ave
General Information
Standard status
Active
Size
1,504 SF
Lot size
0.24 Acres
Property subtype
Commercial
Zoning
Commercial
Additional Details
Condition
Move-in Ready
Property Use
Office
Amenities
fiber internet
Building Details
Building Size
1,504 SF
Year Built
2000
Buildings
1
Stories
1
Listing Agency:
eXp Realty, LLC
(801) 528-6076
Listed By:
THIRKLE D. NIELSEN · License #SA692295000
(435) 705-4308
Source:
Hindihometeam
Added: Oct 7
Changed: Oct 26
Last Checked: Oct 26 at 4:03AM
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 eXp Realty, LLC
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Investment Insights
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This 1,504-square-foot office building was constructed in 2000 and recently refurbished with new LVP flooring, fresh paint, and recessed lighting. Its interior includes four private offices, two restrooms, and a kitchenette with cabinetry and a sink. An open area at the front can serve as reception or meeting space, and fiber internet is available.
At 325 E Newel Ave in Hildale, the property sits across from City Hall and Water Canyon School. The lot is expected to change as the tower area is split off; the legal description will also be revised.
At 325 E Newel Ave in Hildale, the property sits across from City Hall and Water Canyon School. The lot is expected to change as the tower area is split off; the legal description will also be revised.
Key Highlights
- 1,504‑square‑foot office building
- Four private offices and two restrooms
- Open front area, kitchenette with cabinetry and sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,100
Cap Rate
6.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,000
$322.0K
Cap Rate 7%
$230,000
$230.0K
Cap Rate 9%
$178,889
$178.9K
Market Conditions
NOI Build-Up for 1,504 SF
Gross rent
$22.2K $14.76/SF
− Vacancy
−$733 −$0.49/SF
EGI
$21.5K $14.27/SF
− OpEx
−$5.4K −$3.57/SF
NOI
$16.1K $10.70/SF
Area
Washington County, UT
Vacancy
3.30%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,000
Cap Rate 7%
$230,000
Cap Rate 9%
$178,889
Alternative Uses
Best Use
Office B
$230.0K
$201.3K – $268.3K
NOI $16,100 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$414.2K
$362.4K – $483.2K
NOI $28,991 @ 7.0% cap · market cap 11.60%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 84784, UT
1,127
Population
267
Households
4.2
Avg Household Size
20
Median Age
16%
College-Educated
81%
High-School Grad
4.2 sq mi
ZIP Area
268
Density / Sq Mi
$62,727
Median Household Income
$28,750
Median Earnings
$1,372
Median Rent
$385,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Four private offices, two restrooms, and a kitchenette provide a functional setup for professional operations.
Where is this office building located?
The property is located at 325 E Newel Ave Hildale, UT.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,504‑square‑foot office building; Four private offices and two restrooms; Open front area, kitchenette with cabinetry and sink
