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    4600 Minersville Hwy Enoch, UT 84721

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    For Lease
    Contact for pricing

    Prime Retail & Restaurant Space, Utah

    Lot size:
    58,487 SF

    Property Features for 4600 Minersville Hwy

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,487 SF
    Class
    B

    Building Details

    Year Built
    2025
    Buildings
    4
    Stories
    1

    Spaces For Lease

    at 4600 Minersville Hwy, Enoch, UT 84721 Contact us
    Unit Building 1

    $18 /Mo

    Size
    9,000 SF
    Contact us
    Unit Building 2

    $18 /Mo

    Size
    4,487 SF
    Contact us
    Unit Building 3

    $18 /Mo

    Size
    12,000 SF
    Contact us
    Unit Building 4

    $18 /Mo

    Size
    33,000 SF
    Contact us

    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 commercial development opportunity in Enoch, Utah, presents a unique blend of existing and proposed spaces. Located at 4600 N Minersville Highway, this property boasts a total of 7.9 acres of land zoned CB, offering significant potential for various commercial ventures. Currently, there are four existing one-story buildings, each offering flexible space ranging from a minimum of 1,243 square feet to a maximum contiguous area of 33,000 square feet. These buildings are classified as Class B and were newly constructed in 2025, providing modern amenities for tenants. The property is ideally suited for multiple tenants, with a minimum divisible space of 1,243 square feet. In addition to the existing structures, six proposed commercial lots are available, each starting at $185,000. The entire 7.9-acre development is also available for purchase at $3,600,000. This prime location offers easy access to I-15, placing businesses within close proximity to Cedar City (3 miles) and the renowned natural attractions of Zion and Bryce Canyon National Parks. The property's versatility allows for a range of uses, including retail, restaurant, office, and medical facilities. This is an unparalleled chance to establish a thriving business in a rapidly growing area of Southern Utah. The property's size and location make it an ideal investment for both individual businesses and larger commercial developers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Restaurant Dental Office Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom Department Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Enoch
    County
    Iron
    State
    Utah
    Longitude
    -113.054714
    Latitude
    37.7609326

    Nearby Similar for Lease

    • Contact for pricing
      2,485 SF

      Retail Space with Two Drive-Thrus

      Retail space for lease on high-traffic corner in Enoch, UT.
      445 E Midvalley Rd, Enoch, UT 84721
      View Details

    FAQs

    What type of property is this?
    Land - Prime Retail & Restaurant Space, Utah
    Where is this land located?
    The property is located at 4600 Minersville Hwy Enoch, UT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 7.9-acre commercial development in Enoch, Utah, zoned CB.; Four existing Class B, one-story buildings (2025 construction), totaling 33,000 contiguous sq ft, minimum divisible space 1,243 sq ft.; Six proposed commercial lots available, starting at $185,000 each.
    (801) 361-9798 Call to check price and availability
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    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
    4600 Minersville Hwy Enoch, UT 84721
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    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
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