Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2700 State St Hurricane, UT 84737
    Back to Search
    Property profile & analytics

    2700 State St Hurricane, UT 84737

    View on Map
    • Land
    • 8.25 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2700 State St

    Lot size
    8.25 lot acres
    Property type
    Land

    Description

    This exceptional 8.25-acre commercial land parcel presents a unique investment opportunity in Hurricane, Utah. Strategically located on State Street (SR-9), this property boasts unparalleled visibility and high traffic counts, making it ideal for a variety of commercial uses. The Highway Commercial zoning permits a wide range of development options, including retail, office, flex space, or mixed-use projects. Situated in a high-growth and redevelopment area, this site benefits from some of the highest average daily traffic (ADT) numbers in Southern Utah, ensuring significant exposure for any business. The property's prime location offers excellent access and visibility from Bluff Street, further enhancing its appeal. The APN numbers are H-3-1-32-312 and H-3-1-32-314. This is a rare chance to acquire a substantial land holding in a thriving Southern Utah market with exceptional potential for significant return on investment. The asking price is $5,981,250. The property is located at 2700 W State St, Hurricane, UT 84737.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hurricane
    County
    Washington
    State
    Utah
    Longitude
    -113.343
    Latitude
    37.1737

    Comparable in this City

    • Value Estimation by Request
      5.46 Acres

      560 1380

      Land • 5.46 Acres
      560 1380, Hurricane, UT 84737
      View Details
    • Value Estimation by Request
      3.00 Acres

      3 Acres Ut-9

      Land • 3.00 Acres
      3 Acres Ut-9, Virgin, UT 84737
      View Details
    • Value Estimation by Request
      23.94 Acres

      2800 State St

      Land • 23.94 Acres
      2800 State St, Hurricane, UT 84737
      View Details
    • Value Estimation by Request

      4115-H-HV Hurricane Utah 84737

      Land
      4115-H-HV Hurricane Utah 84737, Hurricane, UT 84737
      View Details
    • Value Estimation by Request

      Main St

      Land
      0 Main St, Hurricane, UT 84737
      View Details
    • Value Estimation by Request

      800 2E

      Distribution properties
      800 2E, Hurricane, UT 84737
      View Details

    Similar Nearby for Sale

    • $4,200,000

      Hurricane Land For Sale

      Land available for sale in Hurricane, Utah.
      3320 S 1100 W, Hurricane, UT 84737
      View Details
    • $759,000

      Land For Sale

      Land available for sale in Hurricane, Utah.
      2575 West State St, Hurricane, UT 84737
      View Details
    • $774,314

      Land Available in Hurricane, Utah

      Land for sale at 492 N Old Highway 91.
      492 N Old Highway 91, Hurricane, UT 84737
      View Details
    • $1,050,000
      10.34 Acres

      Land with Expansive Mountain Views

      10+ acre property with views near Sand Hollow Reservoir.
      4395 S 1100 W, Hurricane, UT 84737
      View Details
    • $1,807,750
      51.65 Acres

      Expansive Apple Valley Acreage

      51.65 acres in Apple Valley with panoramic views.
      Apple Valley, UT 84737
      View Details
    • $304,920

      Land in Sand Hollow Resort

      Land available in Sand Hollow Resort, Hurricane, Utah.
      80 Sand Hollow Resort Pkwy, Hurricane, UT 84737
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Land Available For Lease

      Land available for lease in Hurricane, Utah.
      686 South St West, Hurricane, UT 84737
      View Details
    • Contact for pricing

      Fairgrounds Industrial Park Land Available

      Land for sale or lease in Fairgrounds Industrial Park.
      5271 Wheeler Way, Hurricane, UT 84737
      View Details
    • Contact for pricing

      Fairgrounds Industrial Park Land

      Industrial land for rent in Fairgrounds Industrial Park.
      5283 Wheeler Way, Hurricane, UT 84737
      View Details
    • Contact for pricing

      Land for Lease in Hurricane

      Commercial land with high visibility near Zion National Park.
      W State St, Hurricane, UT 84737
      View Details
    • $2 SF/Yr

      Corner Commercial Space For Lease

      Proposed corner commercial medical office space fronting SR-9 for lease.
      83 S 2600 W, Hurricane, UT 84737
      View Details
    • Contact for pricing

      Commercial Land For Rent

      Commercial land available for rent in high-traffic Hurricane location.
      45 N 2600 W, Hurricane, UT 84737
      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.
    2700 State St
    Hurricane, UT 84737
    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
    2700 State St, Hurricane, UT, 84737
    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!