Restaurant with Outdoor
770 UT-9, Virgin, UT 84779
For Sale
$2,700,000
Commercial Sale, Virgin, UT
Property Size5,200 SF
Lot Size1.00 Acre
Price / SF$519.23
Days on Market1135
Property Features for 770 UT-9
General Information
Property type
Property subtype
Zoning description
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Amenities
roof top balcony
water features
outdoor planters
art
Building Details
Year built
Floors in Building
Listing Agency:
WHITE CROW REAL ESTATE
Listed By:
SHELLEE Annette HAINES
(435) 229-2522
Added: Oct 6, 2023
Changed: Oct 2
Last Checked: Nov 13 at 11:06PM
MLS# 23-245225
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.
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Investment Insights
Based on property information with market context.
Located at 770 UT-9 in Virgin, this restaurant property was built in 2020 and contains 5,200 square feet on a 1-acre site. The dining configuration includes indoor and outdoor areas, a kitchen, a rooftop balcony, and an outdoor patio.
The property is in Washington County, Utah. Its combination of indoor dining space, exterior guest areas, and kitchen facilities defines the restaurant’s physical setup.
The property is in Washington County, Utah. Its combination of indoor dining space, exterior guest areas, and kitchen facilities defines the restaurant’s physical setup.
Key Highlights
- 5,200‑square‑foot restaurant on a 1‑acre site
- Built in 2020
- Indoor and outdoor dining areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,236
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,004,720
$2.0M
Cap Rate 7%
$1,431,943
$1.4M
Cap Rate 9%
$1,113,733
$1.1M
Market Conditions
NOI Build-Up for 5,200 SF
Gross rent
$135.4K $26.04/SF
− Vacancy
−$1.8K −$0.34/SF
EGI
$133.6K $25.70/SF
− OpEx
−$33.4K −$6.43/SF
NOI
$100.2K $19.28/SF
Area
Washington County, UT
Vacancy
1.30%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,004,720
Cap Rate 7%
$1,431,943
Cap Rate 9%
$1,113,733
Alternative Uses
Best Use
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,236 @ 7.0% cap · market cap 3.71%
Second Best
Industrial
$517.8K
$453.1K – $604.1K
NOI $36,246 @ 7.0% cap · market cap 1.34%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
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Business Placement
Demographics for 84779, UT
730
Population
574
Households
1.3
Avg Household Size
44
Median Age
26%
College-Educated
90%
High-School Grad
232.0 sq mi
ZIP Area
3
Density / Sq Mi
$80,625
Median Household Income
$27,857
Median Earnings
$466,300
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Interior and exterior dining areas are complemented by an on-site kitchen.
Where is this conventional restaurant located?
The property is located at 770 UT-9 Virgin, UT.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 5,200‑square‑foot restaurant on a 1‑acre site; Built in 2020; Indoor and outdoor dining areas
