Warehouse with
For Sale
$1,150,000
780 N OLD HWY 91 Unit 12, Hurricane, UT 84737
Climate-controlled industrial space includes a private office, two bathrooms, and a fenced yard.
Property Size2,027 SF
Lot Size0.43 Acres
Price / SF$230
Days on Market68
Property Features for 780 N OLD HWY 91 Unit 12
General Information
Standard status
Active
Size
2,027 SF
Lot size
0.43 Acres
Property subtype
Industrial
Zoning
M-1
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Office Build-Out
288 SF
Three-Phase Power
Yes
Conditioned Warehouse
Yes
Building Details
Building Size
2,027 SF
Year Built
2027
Buildings
1
Listing Agency:
KW Ascend Keller Williams Realty
(435) 767-9888
Listed By:
Lindsay Talbert · License #13948484
(435) 900-2469
Source:
Liftrealty
Added: Jul 22
Changed: Sep 26
Last Checked: Sep 26 at 7:32AM
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 KW Ascend Keller Williams Realty
Investment Insights
Based on property information with market context.
This 5,000-square-foot warehouse occupies a 0.43-acre lot in Silverwood Industrial Park. Construction is scheduled to begin in early 2027. The unit includes three-phase power, climate control throughout, a mezzanine, a 24-by-12-foot private office, two bathrooms, and insulated overhead doors. Its yard is landscaped and fenced.
Located on Old Highway 91 in Hurricane, the property has access to I-15 and SR-9 and is zoned M-1. Walmart Distribution, FedEx Ground, and Orgill are identified as nearby industrial neighbors. Build-to-suit options include loading docks and wall partitions for an additional cost.
Located on Old Highway 91 in Hurricane, the property has access to I-15 and SR-9 and is zoned M-1. Walmart Distribution, FedEx Ground, and Orgill are identified as nearby industrial neighbors. Build-to-suit options include loading docks and wall partitions for an additional cost.
Key Highlights
- 5,000 SF warehouse on a 0.43‑acre lot
- Three‑phase power and climate control throughout
- Mezzanine, 24' x 12' private office, and two bathrooms
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
$42,320
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
3.68%
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%
$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
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
$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 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%
$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
—
—
no second resolved use
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.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- STOR-N-LOCK Self Storage — 126 Old Hwy 91, Hurricane, UT 84737
- Max Storage - Hurricane — 132 Old Hwy 91, Hurricane, UT 84737
- Roger's Performance Marine — 140 North Highway 91, 140 Old Hwy 91, Hurricane, UT 84737
- Gateway Storage RV and Boat — 146 Old Hwy 91, Hurricane, UT 84737
Frequently Asked Questions
What type of property is this?
Warehouse - Climate-controlled industrial space includes a private office, two bathrooms, and a fenced yard.
Where is this warehouse located?
The property is located at 780 N OLD HWY 91 Unit 12 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 warehouse on a 0.43‑acre lot; Three‑phase power and climate control throughout; Mezzanine, 24' x 12' private office, and two bathrooms
