Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    772 N 2860 E Saint George, UT 84790

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $5,000 /Mo

    Commercial land for rent near Costco and residential apartments.

    Type:Land
    Added:
    Mar 6, 2026
    Days on Market:
    28
    Last Refresh:
    Apr 1 at 10:53 pm

    Property Features for 772 N 2860 E

    General Information

    Standard status
    Active
    Property subtype
    Land

    Building Details

    Year Built
    2013

    Spaces For Lease

    at 772 N 2860 E Contact us

    We can help!

    Listing Contact
    Wes Davis

    Listing agent Wes Davis License #5502820-SA00

    Listing office NAI Excel

    Listing date Mar 6, 2026

    Source Naiglobal

    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

    Overview

    Land Near Costco and Apartments

    This commercial land is available for rent and offers potential for future use as auto storage. The property is located near Costco and Pine View High School, and it is situated across the street from residential apartments.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint George
    County
    Washington
    State
    Utah
    Longitude
    -113.525
    Latitude
    37.1216

    Nearby Similar for Lease

    • $1.20/mo

      Sunset Boulevard Retail/Warehouse Space

      Retail/warehouse space with Sunset Boulevard frontage and flexible floor plan.
      1469 W Sunset Blvd, Saint George, UT 84770
      View Details
    • $1.65/mo

      Retail/Office Space on Bluff Street

      Retail or office space with high visibility on Bluff Street.
      595 S Bluff St, Saint George, UT 84770
      View Details
    • $1.70/mo

      Remodeled Office Space Available

      Spacious offices with reception, conference room, and balcony.
      1090 E Tabernacle St, Saint George, UT 84770
      View Details
    • $1.20/mo

      Flex Showroom/Warehouse Space Available

      Flex showroom/warehouse space for rent in St George, Utah.
      298 Industrial Rd, Saint George, UT 84770
      View Details
    • $0.70/mo

      Industrial Warehouse with Fenced Yard

      Industrial warehouse with fenced yard, dock doors, and office space.
      631 E Commerce Dr, Saint George, UT 84790
      View Details
    • $1.40/mo

      Showroom with Mezzanine Office

      Modern showroom with office and warehouse space available for rent.
      476 E Riverside Dr # 9, Saint George, UT 84790
      View Details
    • $1.40/mo

      Versatile Commercial Space Available

      Class A office, showroom, or storefront space for rent.
      677 N 3050 E, Saint George, UT 84790
      View Details
    • $3/mo

      Auto-Related Property For Rent

      Turn-key auto-related property available for rent.
      1726 W Sunset Blvd, Saint George, UT 84770
      View Details
    • $2/mo

      New Construction Office on River

      New construction office space available for rent on River Road.
      951 S River Rd, Saint George, UT 84790
      View Details
    • $1.15/mo

      Flex Industrial Building For Lease

      Flex industrial building with insulated panel construction in Ft. Pierce.
      1063 E Commerce Dr, Saint George, UT 84790
      View Details
    • $1.20/mo

      Sunset Boulevard Frontage Opportunity

      Flexible commercial space with loading dock and signage opportunities.
      1469 W Sunset Blvd, Saint George, UT 84770
      View Details
    • $1.65/mo

      Retail or Office Space Available

      Retail or office space for rent.
      595 S Bluff St, Saint George, UT 84770
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for rent near Costco and residential apartments.
    Where is this commercial land located?
    The property is located at 772 N 2860 E Saint George, UT.
    What is the lease rate?
    The lease rate is $5,000 /Mo.
    What are key features of this property?
    This property features: Potential for auto storage use.; Near Costco.; Near Pine View High School.
    (435) 627-5705
    We can help!
    Listing Contact
    Wes Davis
    Real Estate License ID: 5502820-SA00
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!