16
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$4,495,000
Est. payment /mo
31,500 SqFt
Active
68 S Warehouse RD Washington, UT 84780
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Key Details
Property Type Commercial
Sub Type Business + Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 31,500 sqft
Price per Sqft $142
MLS Listing ID 25-266012
Year Built 2024
Annual Tax Amount $13,620
Lot Size 2.260 Acres
Acres 2.26
Property Sub-Type Business + Real Estate
Source Washington County Board of REALTORS®
Land Area 31500
Property 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.
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.
Location
State UT
County Washington
Exterior
View Y/N No
Building
Story 1
New Construction No
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