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Property profile & analytics
OFF-MARKET
Warehouses

172 Old Highway 91 Apple Valley, UT 84737

Property ID
Property summary
AI-generated overview

Paragon Business Park, Phase 2, offers exceptional flex space in St. George, Utah, ideally situated adjacent to a Walmart Distribution Center at 174 N Old Highway 91, Washington County. This new construction boasts high-quality, climate-controlled warehouse and office units built with durable block construction. Currently, two units are available for pre-leasing: Unit #22 (5,850 sq ft) and Unit #23 (11,000 sq ft). Both units feature 12'x14' automatic garage doors with openers, floor drains, and shop sinks. Unit #22 presents a fully finished interior, including a spacious lobby/reception area, two offices, two bathrooms, and a large upstairs flex/office area. Unit #23 offers three finished bathrooms, with the remaining interior customizable to tenant preferences. LED lighting is standard throughout. There's potential to combine both units for a larger space totaling 16,850 sq ft. The estimated move-in date is November 1, 2024. While images provided are of Phase 1, the construction quality and features are comparable in Phase 2, with some variations. This prime location and superior construction make Paragon Business Park an excellent opportunity for businesses seeking versatile and high-quality space.

Property profile
Verified
Property type Warehouses
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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