Newer Senior Care
For Sale
Contact for pricing
548 North 1100 East, Washington, UT 84780
A 2018-built assisted living and memory care facility with 32 private rooms and half baths.
Property Size18,000 SF
Price / SF$250
Days on Market169
Property Features for 548 North 1100 East
General Information
Standard status
Active
Size
18,000 SF
Class
A
Property subtype
Office, Senior Living
Zoning
R-3
Building Details
Year Built
2018
Listing Agency:
NAI Excel
Listed By:
Greg Whitehead · License #UT 6510155-SA00
(435) 627-5733
Source:
Crexi
Added: May 6
Changed: Oct 13
Last Checked: Oct 20 at 5:54PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This newer senior care facility was built in 2018 and includes 32 private rooms with half baths. The layout is split between 16 assisted living rooms and 16 memory care rooms. Room features include walk-in bathtubs or roll-in showers, along with call pull cords in every bathroom.
The property also offers fully appointed common areas and a dedicated laundry services area, supporting day-to-day resident and operational needs.
Configured as a combined assisted living and memory care building, the facility is designed around private-room living with resident support features in each bathroom.
The property also offers fully appointed common areas and a dedicated laundry services area, supporting day-to-day resident and operational needs.
Configured as a combined assisted living and memory care building, the facility is designed around private-room living with resident support features in each bathroom.
Key Highlights
- 2018‑built assisted living and memory care facility
- 32 private rooms with half baths (16 assisted living, 16 memory care)
- Walk‑in bathtubs/roll‑in showers in room amenities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$200,000
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,000,000
$4.0M
Cap Rate 7%
$2,857,143
$2.9M
Cap Rate 9%
$2,222,222
$2.2M
Market Conditions
NOI Build-Up for 18,000 SF
Gross rent
$378.0K $21.00/SF
− Vacancy
−$14.4K −$0.80/SF
EGI
$363.6K $20.20/SF
− OpEx
−$163.6K −$9.09/SF
NOI
$200.0K $11.11/SF
Area
Washington County, UT
Vacancy
3.80%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,000,000
Cap Rate 7%
$2,857,143
Cap Rate 9%
$2,222,222
Alternative Uses
Best Use
Apartment 5plus
$2.86M
$2.50M – $3.33M
NOI $200,000 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.96M
$4.34M – $5.78M
NOI $346,970 @ 7.0% cap · market cap 7.71%
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
9
Businesses Nearby
Well-served
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
Frequently Asked Questions
What type of property is this?
Assisted living facility - A 2018-built assisted living and memory care facility with 32 private rooms and half baths.
Where is this assisted living facility located?
The property is located at 548 North 1100 East Washington, UT.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 2018‑built assisted living and memory care facility; 32 private rooms with half baths (16 assisted living, 16 memory care); Walk‑in bathtubs/roll‑in showers in room amenities
