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    720 Regional Park Rd Washington, UT 84737

    For Sale
    $6,500,000

    30,000 SF Industrial Warehouse, $6.5M

    Property size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 30,000-square-foot industrial warehouse, located at 720 Regional Park Rd, Hurricane, UT 84737, presents a compelling owner-user or investment opportunity. Completed in June 2024, this property boasts a prime location in Washington County, conveniently situated between St. George and Hurricane City, offering easy access to I-15 and SR-9. The building features both dock-high and ground-level overhead doors, along with a substantial secured yard, enhancing functionality and security. Zoned IND, this 3.44-acre lot provides ample space for operations or future expansion. The asking price is $6,500,000, translating to $216.67 per square foot. This fully leased warehouse offers a 100% occupancy rate with investment-grade tenants, making it an attractive proposition for investors seeking a stable, high-return asset. The property's modern construction and strategic location ensure long-term value and potential for growth within a thriving industrial market. Detailed financial information is available upon request.

    Property Features for 720 Regional Park Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    30,000 SF
    Lot Size
    149,846 SF

    Building Details

    Year Built
    2024
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Washington
    County
    Washington
    State
    Utah
    Longitude
    -113.4262118
    Latitude
    37.1537766

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    FAQs

    What type of property is this?
    Distribution property - 30,000 SF Industrial Warehouse, $6.5M
    Where is this distribution property located?
    The property is located at 720 Regional Park Rd Washington, UT.
    What is the asking price?
    The asking price for this property is $6,500,000.
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    Washington, UT 84737
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    Realmo Value Estimation

    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.

    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.

    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
    720 Regional Park Rd Washington, UT 84737
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