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    0 River Rd, St. George, UT 84790

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    This exceptional commercial land offering presents a unique investment opportunity in St. George, Utah. Encompassing eight acres and nine separate parcel IDs (SG-5-2-32-1104, SG-5-2-32-1107, SG-5-2-32-1303, SG-5-2-32-1304, SG-5-2-32-1311, SG-5-2-32-1313, SG-5-2-32-1314, SG-5-2-32-1319, SG-5-2-32-1320), this property boasts over 300 feet of commercially zoned frontage (PD-C) on River Road. Its prime location, just one block south of St. George Regional Hospital, ensures high visibility and accessibility within a rapidly growing commercial area experiencing significant traffic volume. The property is ideally suited for the development of a large-scale medical facility, potentially up to 250,000 square feet. This offering is structured as a 99-year land lease with an initial annual payment of $1,100,000. The property's strategic location and zoning make it an attractive proposition for developers seeking to capitalize on the robust commercial growth in St. George, Washington County, Utah, 84790. The property is listed at $1,100,000 for the 99-year lease.

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    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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