Add Listing
    For Sale
    • 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

    Old Airport Rd Moab, UT 84532

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime 1-acre commercial lot, hotel-ready.

    Property Features for 0 Old Airport Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    We can help!

    Listing Contact
    Sam Christensen
    Sam Christensen

    Listing Agency: cRc Nationwide Listing Agent: Sam Christensen

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 1-acre commercial land parcel presents a unique investment opportunity in the vibrant Spanish Valley, Utah. Located just off Highway 191, this property boasts a highly desirable Highway Commercial zoning designation, already approved for hotel development. The parcel, identified by APN 27S22E020005, offers significant potential for a range of commercial ventures, capitalizing on its strategic location within the scenic San Juan County. The asking price has recently been reduced, making this an even more compelling proposition for discerning investors. The site's convenient access to Highway 191 ensures high visibility and easy accessibility for customers and employees. Detailed site plans and development approvals are available upon request. This is a rare chance to acquire a prime piece of commercial real estate in a rapidly growing area, poised for significant future appreciation. Don't miss this opportunity to secure a foothold in this thriving market. The property is situated in the 84532 zip code, near Moab, offering a blend of natural beauty and commercial potential. This 1-acre lot is ready for immediate development, presenting a turnkey solution for ambitious entrepreneurs and investors alike. Contact us today to learn more about this exceptional opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Moab
    County
    San Juan
    State
    Utah
    Longitude
    -109.4553567
    Latitude
    38.4876447

    Nearby Similar for Sale

    • $1,350,000
      0.83 Acres

      Moab Short-Term Rental Investment

      Unique short-term rental property in Moab's redevelopment district.
      1285 Arnel Ln S, Moab, UT 84532
      View Details
    • Contact for pricing

      Mixed-Use Commercial Property For Sale

      Versatile mixed-use property in high-traffic Moab location, steps from Main.
      45 E Center St, Moab, UT 84532
      View Details
    • $849,000
      0.32 Acres

      Moab Highway Commercial Storefront

      High-traffic location, development potential.
      1130 Highway 191, Moab, UT 84532
      View Details
    • Contact for pricing

      Prime Main Street Frontage Retail

      Retail property with significant frontage on Main Street and 300 N.
      312 N Main St, Moab, UT 84532
      View Details
    • $6,750,000
      0.95 Acres

      Iconic Moab Motel - Prime Location

      Historic landmark motel, 35 rooms, high ROI.
      166 400, Moab, UT 84532
      View Details
    • $5,200,000
      4.34 Acres

      Moab Main Street Commercial Land

      Prime Moab Commercial & Residential Land
      911 Main St, Moab, UT 84532
      View Details
    • $240,000
      2.16 Acres

      Moab Retail Lot - Hwy 191

      Prime Moab Commercial Land, High Tourist Traffic
      1004 Highway 191, Moab, UT 84532
      View Details
    • $1,995,000
      0.26 Acres

      Downtown Moab Retail Gem

      Historic building, restaurant lease in place
      84 200, Moab, UT 84532
      View Details
    • $6,750,000
      15,483 SF

      Iconic Moab Motel for Sale

      Historic motel, 35 rooms, high ROI.
      166 400, Moab, UT 84532
      View Details
    • $1,999,000
      147.00 Acres

      Moab Office Land: 147 Acres

      Prime Moab development opportunity. 147 acres near National Parks.
      1 Wilson Arch, Moab, UT 84532
      View Details
    • $1,100,000
      0.89 Acres

      Moab Highway Commercial Lot

      Prime Moab location, 0.89 acres, 1546 sq ft building.
      1521 Highway 191, Moab, UT 84532
      View Details
    • $360,000
      5.68 Acres

      Moab Commercial Lot: Prime Location

      Restaurant/Gallery Opportunity - 5.68 Acres
      33 Joe Wilson, Moab, UT 84532
      View Details

    FAQs

    What type of property is this?
    Land - Prime 1-acre commercial lot, hotel-ready.
    Where is this land located?
    The property is located at Old Airport Rd Moab, UT.
    What is the asking price?
    The asking price for this property is $1,049,000.
    What are key features of this property?
    This property features: $1,049,000 asking price.; 1-acre commercial land parcel.; Highway Commercial zoning.
    (801) 361-9798 Call to check price and availability
    Request Owner's contact information
    Old Airport Rd Moab, UT 84532
    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.
    Old Airport Rd
    Moab, UT 84532
    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
    Old Airport Rd Moab, UT 84532
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Sam Christensen
    Sam Christensen
    Real Estate License ID: 5504494-SA00
    (801) 361-9798
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!