Climate-Controlled Flex
For Sale
$1,150,000
780 N Old Highway 91, Hurricane, UT 84737
Commercial Sale, Hurricane, UT
Property Size5,000 SF
Lot Size0.43 Acres
Price / SF$230
Days on Market183
Property Features for 780 N Old Highway 91
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning description
Industrial
Subdivision
Hurricane Valley
Standard status
Active
APN
H-BAJR-2
Size
5,000 SF
Lot size
0.43 Acres
Building Details
Year built
2026
Floors in Building
1
Listing Agency:
KW Ascend Keller Williams Realty
(435) 767-9888
Listed By:
Lindsay Talbert
(435) 900-2469
Added: Apr 30
Changed: Oct 2
Last Checked: Oct 29 at 2:06AM
MLS# 26-271889
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.
Building 12 is an under-construction flex space within Silverwood Industrial Park, offered as a 5,000-square-foot unit on a 0.43-acre lot. Completion is scheduled for 2026. The property will be climate-controlled and include a mezzanine, two bathrooms, a 24' x 12' private office, insulated overhead doors, 1-3 phase power, and a landscaped, fenced yard. A loading dock may be added at additional cost.
The project is positioned along Old Highway 91 in Hurricane's industrial corridor, with immediate access to I-15 and SR-9. M-1 zoning supports industrial use, while neighboring operations include Walmart Distribution, FedEx Ground, and Orgill. The development is planned without CAM fees.
The project is positioned along Old Highway 91 in Hurricane's industrial corridor, with immediate access to I-15 and SR-9. M-1 zoning supports industrial use, while neighboring operations include Walmart Distribution, FedEx Ground, and Orgill. The development is planned without CAM fees.
Key Highlights
- 5,000 SF flex unit on a 0.43‑acre lot
- M‑1 zoning with immediate access to I‑15 and SR‑9
- Climate‑controlled interior with mezzanine level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,320
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$846,400
$846.4K
Cap Rate 7%
$604,571
$604.6K
Cap Rate 9%
$470,222
$470.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$54.0K $10.80/SF
− Vacancy
−$4.2K −$0.84/SF
EGI
$49.8K $9.96/SF
− OpEx
−$7.5K −$1.49/SF
NOI
$42.3K $8.46/SF
Area
Washington County, UT
Vacancy
7.80%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$846,400
Cap Rate 7%
$604,571
Cap Rate 9%
$470,222
Alternative Uses
Best Use
Warehouse
$604.6K
$529.0K – $705.3K
NOI $42,320 @ 7.0% cap · market cap 3.68%
Second Best
Flex RnD
$510.9K
$447.0K – $596.0K
NOI $35,762 @ 7.0% cap · market cap 3.11%
Theoretical Best
Specialty Retail
$1.38M
$1.20M – $1.61M
NOI $96,381 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
Demographics for 84737, UT
21,212
Population
9,320
Households
2.3
Avg Household Size
39
Median Age
26%
College-Educated
95%
High-School Grad
250.1 sq mi
ZIP Area
85
Density / Sq Mi
$70,417
Median Household Income
$31,315
Median Earnings
$1,239
Median Rent
$420,900
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Under-construction commercial space with mezzanine storage, a private office, bathrooms, and a fenced yard.
Where is this flex space located?
The property is located at 780 N Old Highway 91 Hurricane, UT.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 5,000 SF flex unit on a 0.43‑acre lot; M‑1 zoning with immediate access to I‑15 and SR‑9; Climate‑controlled interior with mezzanine level
