Insulated Warehouse Condo
For Sale
$303,000
Bldg E 24 E Industrial Dr, Washington, UT 84780
Commercial Sale, Washington, UT
Property Size1,500 SF
Price / SF$202
Days on Market912
Property Features for Bldg E 24 E Industrial Dr
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
See Map
Subdivision
Greater St. George
Standard status
Active
APN
W-FLSC-E-14
Size
1,500 SF
Amenities
clubhouse
restrooms
water tap
air hose
Building Details
Year built
2024
Floors in Building
1
Listing Agency:
CENTURY 21 EVEREST ST GEORGE
(435) 673-9266
Listed By:
BRYAN S BURNETT
(435) 375-4564
Added: May 1, 2024
Changed: Oct 2
Last Checked: Oct 29 at 6:06AM
MLS# 24-250603
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.
Built in 2024, these commercial-grade warehouse condominiums are insulated and offered in multiple units with varying sizes. The listing record identifies a 1,500-square-foot property size, while individual unit dimensions may vary. Each unit includes air conditioning and heating, a 14-foot roll-up power door, a 50 AMP plug, a 100 AMP panel, and 110-volt outlets throughout. Office space and additional storage can be added.
The private facility at Bldg E, 24 E Industrial Dr, Washington, Utah, includes shared restrooms, a water tap, an air hose, and a clubhouse. The units are configured for owners seeking space for motorhomes, boats, classic cars, or hobby-shop activities, and the property may also be used as an investment.
The private facility at Bldg E, 24 E Industrial Dr, Washington, Utah, includes shared restrooms, a water tap, an air hose, and a clubhouse. The units are configured for owners seeking space for motorhomes, boats, classic cars, or hobby-shop activities, and the property may also be used as an investment.
Key Highlights
- Commercial‑grade insulated warehouse condominiums built in 2024
- 1,500 square feet identified in the property record; individual unit sizes vary
- Each unit includes a 14' roll‑up power door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,696
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$253,920
$253.9K
Cap Rate 7%
$181,371
$181.4K
Cap Rate 9%
$141,067
$141.1K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$16.2K $10.80/SF
− Vacancy
−$1.3K −$0.84/SF
EGI
$14.9K $9.96/SF
− OpEx
−$2.2K −$1.49/SF
NOI
$12.7K $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%
$253,920
Cap Rate 7%
$181,371
Cap Rate 9%
$141,067
Alternative Uses
Best Use
Warehouse
$181.4K
$158.7K – $211.6K
NOI $12,696 @ 7.0% cap · market cap 4.19%
Second Best
Flex RnD
$153.3K
$134.1K – $178.8K
NOI $10,729 @ 7.0% cap · market cap 3.54%
Theoretical Best
Specialty Retail
$413.1K
$361.4K – $481.9K
NOI $28,914 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 84780, UT
28,025
Population
12,922
Households
2.2
Avg Household Size
36
Median Age
35%
College-Educated
94%
High-School Grad
61.8 sq mi
ZIP Area
453
Density / Sq Mi
$94,103
Median Household Income
$42,098
Median Earnings
$1,581
Median Rent
$511,700
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Falcon Storage — 24 E Industrial Rd, Washington, UT 84780
- Watchful Eye RV & Boat Storage — 630 N 3050 E # C5, St. George, UT 84790
- Storage Corner Washington — 705 N 3050 E, St. George, UT 84790
- Marine United - St. George — 2938 E Panther Wy, St. George, UT 84790
Frequently Asked Questions
What type of property is this?
Warehouse - Commercial-grade units offer climate control, substantial electrical service, and flexible space for storage or hobby use.
Where is this warehouse located?
The property is located at Bldg E 24 E Industrial Dr Washington, UT.
What is the asking price?
The asking price for this property is $303,000.
What are key features of this property?
This property features: Commercial‑grade insulated warehouse condominiums built in 2024; 1,500 square feet identified in the property record; individual unit sizes vary; Each unit includes a 14' roll‑up power door
