Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3000 Mall Dr St. George, UT 84790
    Property profile & analytics

    3000 Mall Dr, St. George, UT 84790

    View on Map
    • Retail properties & Spaces
    • 0.78 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Food trucks Chef Hog / Restaurant
    • Famous Yeti Shaved Ice / Bakery / Take-out & Catering

    Property Details for 3000 Mall Dr

    Lot size
    0.78 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional development opportunity in St. George, Utah, offers a range of land parcels ideal for various commercial and residential uses. Located at 3000 East Mall Drive, 84790, this property boasts a prime location within the thriving Washington Fields community. The available land spans from 0.78 to 7 acres, providing flexibility for projects of varying scales. The site benefits from its strategic position adjacent to a Lin's Fresh Market grocery store and a Revere Health Medical Center, ensuring high visibility and convenient access to essential amenities. The surrounding area is characterized by significant residential development, creating a robust customer base for commercial ventures. This high-growth area presents a unique investment opportunity for developers seeking to capitalize on the increasing demand for commercial and residential spaces in St. George. The property is zoned for a variety of uses, including residential, commercial, multi-family, office, retail, and single-family developments (exact zoning to be verified independently). The available pads are offered for sale or ground lease, providing options to suit diverse investment strategies. This is an exceptional chance to secure a prominent location in a rapidly expanding market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    St. George
    County
    Washington
    State
    Utah
    Longitude
    -113.529
    Latitude
    37.096

    Comparable in this City

    • Value Estimation by Request

      3000 Mall Dr

      Land
      3000 Mall Dr, St. George, UT 84790
      View Details
    • Value Estimation by Request
      0.96 Acres

      3000 Mall Dr

      Land
      3000 Mall Dr, St. George, UT 84790
      View Details
    • Value Estimation by Request
      9,870 SF

      1479 George Washington Blvd

      Restaurants
      1479 George Washington Blvd, St. George, UT 84790
      View Details
    • Value Estimation by Request
      17.65 Acres

      4617 Pioneer Rd

      Land
      4617 Pioneer Rd, St. George, UT 84790
      View Details
    • Value Estimation by Request

      River Rd

      Land
      0 River Rd, St. George, UT 84790
      View Details
    • Value Estimation by Request
      0.73 Acres

      2720 2720

      Land
      2720 2720, St. George, UT 84790
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.25 Acres

      St George Land Lease Opportunity

      Commercial land lease opportunity in St George, Utah.
      Rockstar Cor, St George, UT 84790
      View Details
    • $635,960
      0.73 Acres

      St George Land For Sale

      Land with high traffic, possible restaurant site near Comfort Inn.
      2720 N 2720 E, St George, UT 84790
      View Details
    • Contact for pricing
      6,705 SF

      St. George Retail Investment

      Two-tenant, triple-net leased investment property in St. George, Utah.
      763 N 3050 E, St George, UT 84790
      View Details
    • $20,353,500

      Land Available For Sale

      Land for sale in Washington County.
      900 E Riverside Dr, St George, UT 84790
      View Details
    • $564,900

      Land For Sale Bloomington

      Land available in Bloomington, Utah.
      2379 E Apparation Ct, Bloomington, UT 84790
      View Details
    • $1,125,000
      3,846 SF

      St George Multifamily Investment Property

      Four-unit multifamily property in prime location, ideal for long-term investment.
      2639 E 700 N, St George, UT 84790
      View Details

    Similar Nearby for Lease

    • $1.40 SF/Yr

      Versatile Commercial Space Available

      Class A office, showroom, or storefront space for rent.
      677 N 3050 E, Saint George, UT 84790
      View Details
    • $1.00 SF/Yr
      40,000 SF

      Proposed Retail Suite Development

      New mixed-use development with retail and office space for lease.
      1 S Pioneer Rd, St George, UT 84790
      View Details
    • Contact for pricing

      Retail Land For Lease

      Retail land available near high-performing drive-thru restaurant.
      170 E Riverside Dr, St George, UT 84790
      View Details
    • $1.00 SF/Yr
      40,000 SF

      Proposed Office Space Development

      New mixed-use development with office space, breaking ground Fall 2026.
      2 S Pioneer Rd, St George, UT 84790
      View Details
    • Contact for pricing
      3,538 SF

      Modern Office Space with Amenities

      Office space with natural light, fenced yard, and ample parking.
      188 N 3050 E, St George, UT 84790
      View Details
    Request Owner's contact information
    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.
    3000 Mall Dr
    St. George, UT 84790
    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
    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

    Thank You for Inquiry
    3000 Mall Dr, St. George, UT, 84790
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!