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Flex Space with Secure Yard
For Sale
$2,150,000

62 N Country Way, Washington, UT 84780

Commercial Sale, Washington, UT

Property Size9,060 SF
Lot Size1.32 Acres
Price / SF$238.10
Days on Market97

Property Features for 62 N Country Way

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial, Commercial
Subdivision Greater St. George
Standard status Active
APN W-SVIP-2-34
Size 9,030 SF
Lot size 1.32 Acres

Amenities

gated outdoor storage
fenced yard
overhead roll-up doors
3-phase power
heavy compacted gravel surface
concrete dumpster enclosures
safety bollards
desert landscaping

Building Details

Year built 2026
Floors in Building 1
Listing Agency: RE/MAX ASSOCIATES ST GEORGE · RE/MAX International
Listed By: N Lucas Darger · License #9074603
Added: Jul 2 Changed: Oct 2 Last Checked: Oct 6 at 4:06PM
MLS# 26-273844

Copyright © 2026 Washington County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2026 flex-space facility is planned as a multi-use industrial building within Sunrise Valley Industrial Park. The interior configuration includes a two-story office component on one side and a single-story area with mezzanine on the other, allowing the layout to accommodate different office and trade requirements. Each unit is designed with two 12-foot overhead roll-up pass-through doors, while the building provides 19'3'' of clear height and 3-phase power.

The 1.32-acre site includes a fenced, compacted-gravel yard accessed through two 20-foot double-swing gates. The outdoor area is suited to material storage, equipment laydown, or fleet parking as described for the property. Additional site improvements include 27 vehicle parking spaces, concrete dumpster enclosures, safety bollards, and desert landscaping. The property is located in Washington City and carries I-2 zoning.

Key Highlights

  • 1.32‑acre site with a fenced, compacted‑gravel outdoor yard
  • 19'3'' interior clear height supports industrial workflows
  • Two 12‑foot overhead roll‑up pass‑through doors per unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$96,663
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,933,260 $1.9M
Cap Rate 7%
$1,380,900 $1.4M
Cap Rate 9%
$1,074,033 $1.1M
Market Conditions
NOI Build-Up for 9,030 SF
Gross rent
$133.3K $14.76/SF
− Vacancy
−$4.4K −$0.49/SF
EGI
$128.9K $14.27/SF
− OpEx
−$32.2K −$3.57/SF
NOI
$96.7K $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%
$1,933,260
Cap Rate 7%
$1,380,900
Cap Rate 9%
$1,074,033

Alternative Uses

Best Use
Office B
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,663 @ 7.0% cap · market cap 4.50%
Second Best
Warehouse
$1.09M
$955.4K – $1.27M (±1% cap)
NOI $76,430 @ 7.0% cap · market cap 3.55%
Theoretical Best
Specialty Retail
$2.49M
$2.18M – $2.90M (±1% cap)
NOI $174,063 @ 7.0% cap · market cap 8.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Computer & Electronic Repair Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19 ft
Clear height
Yes
Heavy power
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Newly constructed I-2 facility combines adaptable work areas with gated outdoor storage and heavy-duty utility infrastructure.
Where is this flex space located?
The property is located at 62 N Country Way Washington, UT.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 1.32‑acre site with a fenced, compacted‑gravel outdoor yard; 19'3'' interior clear height supports industrial workflows; Two 12‑foot overhead roll‑up pass‑through doors per unit
More about this property
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