68 S Warehouse RD, Washington, UT 84780

$4,495,000
Property Type: Commercial Square Footage: 31,500 Lot Size (sq. ft.): 98,446 Status: Active
Current Price: $4,495,000 List Date: 10/15/2025 Last Modified: 2/24/2026

Overview

Description

Turnkey Asset: Brand-new build eliminates major capital expenditures for years. High-Demand Submarket: Limited competing supply paired with strong regional population growth. Attractive Tenant Base: Serves residential, small business, contractor, and industrial storage needs. Income Stability: Storage assets historically outperform in both expansion and contraction cycles. Operational Efficiency: Low overhead, potential for automated leasing/management, and minimal staffing requirements. Future Upside: Opportunity to drive NOI through lease-up velocity, market rent adjustments, and operational optimization.

Listing Details MLS# 25-266012

Location, Tax & Legal

House Number
68
Street Direction Pfx
S
Street Name
Warehouse
Street Suffix
RD
MLS Area
Greater St. George
State/Province
UT
Postal Code
84780
County
Washington
Tax ID
W-SVIP-1-32
Legal
Subdivision: SUNRISE VALLEY INDUSTRIAL PARK 1 AMD (W) Lot: 32
Total Taxes
13620.31
Tax Year
2025

Contract Info

Offering Type
Sale
Original List Price
4675000
List Price/SqFt
233.75
Cap Rate
Yes
Lease Price/Annual
Yes
Lse Prc Mnth P/SqFt
Yes
Short Sale Status
No
CAM
0

General Property Info

Listing Class
Business + Real Estate
Realtor.com
Commercial
Lot Acres
2.26
Total SqFt
31500
Available SqFt
20000
# of Floors
Yes
Year Built
2024

Remarks & Misc

Public Remarks
Turnkey Asset: Brand-new build eliminates major capital expenditures for years. High-Demand Submarket: Limited competing supply paired with strong regional population growth. Attractive Tenant Base: Serves residential, small business, contractor, and industrial storage needs. Income Stability: Storage assets historically outperform in both expansion and contraction cycles. Operational Efficiency: Low overhead, potential for automated leasing/management, and minimal staffing requirements. Future Upside: Opportunity to drive NOI through lease-up velocity, market rent adjustments, and operational optimization.

Type of Property

Commercial
Yes
Industrial Storage Units
Yes

More Information

Site Description

Other - See Remarks
Yes

Construction

Steel
Yes

Zoning

Commercial
Yes
Industrial
Yes

Terms of Sale

Exchange
Yes
Submit Any Offer
Yes

Showing Instructions

Call Listing Agent
Yes

Possession

Negotiable
Yes

Property Features

Type of Property: Commercial; Industrial Storage Units Site Description: Other - See Remarks Construction: Steel Showing Instructions: Call Listing Agent Zoning: Commercial; Industrial Terms of Sale: Exchange; Submit Any Offer Possession: Negotiable
Listing Office: THINK REALTY LLC
Last Updated: February - 24 - 2026
Information deemed reliable but not guaranteed.