68 S Warehouse Rd, Washington, UT 84780
COMMERCIAL - Washington, UT
- Added:
- Sep 19, 2025
- Days on Market:
- 291
- Last Refresh:
- Jul 6 at 10:06 pm
Property Features for 68 S Warehouse Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- W-SVIP-1-32
- Size
- 31,500 SF
- Lot size
- 2.26 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13620
Building Details
- Year built
- 2024
- Floors in Building
- 1
Listing agent LUKE E GODFREY (435) 229-4126
Listing office THINK REALTY LLC 107 S 1470 E Ste 203, UT (435) 817-1265x4358171265
Listing date Sep 19, 2025
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.
HighLights
- Brand‑new 2024 build eliminates major capital expenditures for years.
- High‑demand submarket with limited competing supply and strong population growth.
- Income stability: Storage assets historically outperform in all economic cycles.
- Attractive tenant base serves diverse storage needs.
- Future upside: Opportunity to increase NOI through lease‑up and rent adjustments.
- Operational efficiency: Low overhead and minimal staffing requirements.
Overview
Located at 68 S Warehouse Rd in Washington, Utah 84780, the facility sits on a dedicated lot with room to support storage operations and customer access. The offering is positioned as a complete, ready-to-operate asset, with the physical improvements already in place.
For buyers, this can be a practical fit for an operator seeking an in-place storage platform with all major improvements newly constructed. For tenants, the property’s warehouse-style storage configuration is intended to provide a straightforward option for storing items that don’t fit in everyday space, including typical contractor and business storage needs. This is a for-sale opportunity for those looking to acquire a purpose-built self-storage asset in Washington, Utah.
Local 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 | $453.6k | $14.40 |
| − Vacancy | −$22.7k | −$0.72 |
| EGI | $430.9k | $13.68 |
| − OpEx | −$129.3k | −$4.10 |
| NOI | $301.6k | $9.58 |
Alternative Uses
Current Use by Public Records
Map
- City
- Washington
- County
- Washington
- State
- Utah
- Longitude
- -113.453663
- Latitude
- 37.130239
