Building Details

Year built 2024

Floors in Building 1

Listing Agency: CENTURY 21 EVEREST ST GEORGE Show Phone

Listed By: BRYAN S BURNETT · License #5496981-SA Show Phone

Added: May 1, 2024 Changed: Oct 2 Last Checked: Oct 14 at 6:06PM

Report an Issue

MLS# 24-250609

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.

Investment Insights

Based on property information with market context.

This 2024 warehouse condominium property offers commercial-grade insulated construction within a private facility. The listed property size is 1,440 square feet, with multiple unit configurations available. Each unit includes air conditioning and heating, a 14-foot powered roll-up door, a 50 AMP plug, a 100 AMP electrical panel, and 110-volt outlets throughout. Office and supplemental storage additions are also possible.

Shared amenities include a clubhouse, restrooms, a water tap, and an air hose. The units are suited to storage and workspace applications involving motorhomes, boats, classic cars, or hobby activities. The property is located in Washington, Utah, within the 84780 ZIP code.

Key Highlights

• 2024 construction with insulated, commercial‑grade building design
• 1,440 square feet listed property size
• 14‑foot powered roll‑up door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$13,789

Cap Rate

4.84%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$275,780 $275.8K

Cap Rate 7%

$196,986 $197.0K

Cap Rate 9%

$153,211 $153.2K

Market Conditions

NOI Build-Up for 1,440 SF

Gross rent

$20.7K $14.40/SF

− Vacancy

−$1.0K −$0.72/SF

EGI

$19.7K $13.68/SF

− OpEx

−$5.9K −$4.10/SF

NOI

$13.8K $9.58/SF

Area

Washington County, UT

Vacancy

5.00%

Lease Rate

$14.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$275,780

Cap Rate 7%

$196,986

Cap Rate 9%

$153,211

Alternative Uses

Best Use

Self Storage

$197.0K

$172.4K – $229.8K (±1% cap)

NOI $13,789 @ 7.0% cap · market cap 4.84%

Second Best

Warehouse

$174.1K

$152.4K – $203.1K (±1% cap)

NOI $12,188 @ 7.0% cap · market cap 4.28%

Theoretical Best

Specialty Retail

$396.5K

$347.0K – $462.6K (±1% cap)

NOI $27,758 @ 7.0% cap · market cap 9.74%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

234

Businesses Nearby

Well-served

Demand for This Use

Explore this area 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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Insulated Self-Storage Condominium

2 Bldg G_2 24 E. Industrial Dr, Washington, UT 84780

$285,000

1,440 SF

View details

Self-Storage Facility with Roll-Up Access

24 E Industrial Rd, Washington, UT 84780

Contact for pricing

1,440 SF

View details

Insulated Storage Flex Condo Units

E-24 E Industrial Dr, Washington, UT 84780

$303,000

View details

New Self-Storage Facility

68 S Warehouse Rd, Washington, UT 84780

$4,250,000

31,500 SF

View details

Insulated Storage Flex Condos

F-24 E Industrial Dr, Washington, UT 84780

$475,000

View details

Automotive Property with Garage Bays

635 E Telegraph St, Washington, UT 84780

$2,900,000

3,904 SF

View details

Four-Unit Quadplex with Private Yards

519 E Steeplechase Rd, Washington, UT 84780

$1,599,000

5,864 SF

View details

Warehouse with Paved Industrial Yard

1255 E Morgan Rd, Washington, UT 84780

$1,800,000

5,760 SF

View details

Flex Space with Secure Yard

62 N Country Way, Washington, UT 84780

$2,150,000

9,030 SF

View details

Industrial Property

83 E Industrial Rd, Washington, UT 84780

$2,060,000

View details

Golf Course View Vacation Rental

2248 Double Eagle Ln, Washington, UT 84780

Contact for pricing

4,153 SF

View details

Newer Assisted Living and Memory Care

548 N 1100 E, Washington, UT 84780

$4,500,000

View details

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 - Private commercial units offer climate control, powered access, dedicated electrical service, and shared facility amenities.

Where is this warehouse located?

The property is located at Bldg G_2 24 E Industrial Dr Washington, UT.

What is the asking price?

The asking price for this property is $285,000.

What are key features of this property?

This property features: 2024 construction with insulated, commercial‑grade building design; 1,440 square feet listed property size; 14‑foot powered roll‑up door