Office Building with Flexible
For Sale
Contact for pricing
691 300 E St, St George, UT 84770
Recently renovated exterior office building offering a flexible floor plan, ample parking, and high-visibility, easy access.
Property Size8,229 SF
Price / SF$315.96
Days on Market129
Property Features for 691 300 E St
General Information
Standard status
Active
Size
8,229 SF
Property subtype
OFFICE
Additional Details
Business Included
No
Building Details
Year Renovated
2026
Listing Agency:
LINX
(435) 773-5322
Listed By:
Andrew Sorensen · License #UT 6541652-SA00
(435) 773-5322
Source:
Moodyscre
Added: Apr 16
Changed: Aug 12
Last Checked: Aug 22 at 9:01AM
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 LINX
Investment Insights
Based on property information with market context.
This office building features a flexible floor plan designed for versatile use, along with a recently renovated exterior completed in 2026. The property is supported by ample parking for both employees and clients.
Located in a convenient spot on 700 South, the building is positioned for easy access and high visibility. It also benefits from proximity to amenities and services, making it straightforward for day-to-day business operations and customer visits.
Located in a convenient spot on 700 South, the building is positioned for easy access and high visibility. It also benefits from proximity to amenities and services, making it straightforward for day-to-day business operations and customer visits.
Key Highlights
- Recently renovated exterior (2026)
- Flexible floor plan designed for versatile use
- Ample parking for employees and clients
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$88,089
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,761,780
$1.8M
Cap Rate 7%
$1,258,414
$1.3M
Cap Rate 9%
$978,767
$978.8K
Market Conditions
NOI Build-Up for 8,229 SF
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.
Gross rent
$121.5K $14.76/SF
− Vacancy
−$4.0K −$0.49/SF
EGI
$117.5K $14.27/SF
− OpEx
−$29.4K −$3.57/SF
NOI
$88.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,761,780
Cap Rate 7%
$1,258,414
Cap Rate 9%
$978,767
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,089 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.27M
$1.98M – $2.64M
NOI $158,623 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,233
Businesses Nearby
Explore this area
Business Placement
Demographics for 84770, UT
44,505
Population
21,173
Households
2.1
Avg Household Size
36
Median Age
29%
College-Educated
93%
High-School Grad
72.1 sq mi
ZIP Area
617
Density / Sq Mi
$68,174
Median Household Income
$34,586
Median Earnings
$1,344
Median Rent
$407,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Recently renovated exterior office building offering a flexible floor plan, ample parking, and high-visibility, easy access.
Where is this office building located?
The property is located at 691 300 E St St George, UT.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Recently renovated exterior (2026); Flexible floor plan designed for versatile use; Ample parking for employees and clients
