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- LoopNet Team
50 N 5810th W
Hurricane, UT 84737
BY OWNER!!! STORAGE FACILITY · Specialty Property For Sale
·
210,000 SF

Property Facts
Amenities
- Property Manager on Site
About 50 N 5810TH W , HURRICANE, UT 84737
PLEASE READ ALL OF THIS!!!! FOR SALE BY OWNER. EXTREMELY RARE OPPORTUNITY. This land has approximately 1100 lineal feet of exposure to State Route 9 ( or State Street ) , Which is busy day and night with 5 lanes of traffic, and is THE ONLY parcel of land in Washington County which will allow storage that has any exposure to any major thoroughfare. UDOT also has plans to start expanding the highway right here in the next year. This parcel is situated to serve all cities in the county, and is located across the street from the largest employer in the county ( Wal-Mart distribution center ), and right next to Roger's Marine ( One of the largest boat dealerships in the county ). This land has approximately 1100 lineal feet of exposure to State Route 9 ( which permits a 200 square foot sign every 200 lineal feet....so you could have 5 billboard sized signs along the SR-9 Frontage ) The Cities of St. George, Washington and Hurricane Utah will NOT allow self storage to be built unless in an industrial park or behind a retail front. The cities of Ivins and Santa Clara will NOT allow self storage WHATSOEVER. This parcel bridges the line between an industrial park and the busiest highway in the county, THIS IS WHY IT IS SO UNIQUE!!! With the new zoning approval, THIS IS THE ONLY PARCEL OF LAND IN THE COUNTY WITH PERMITED SELF STORAGE USE, THAT HAS GOOD EXPOSURE TO ANY ROADWAY. This is 42.68 Acres, which has recently been taken through the zone change process to allow for the following: 1. Self Storage Facility, 2.RV Storage, 3. Multi tenant light industrial/industrial. ( see zoning approval letter from city council ). We are currently drawing plans for phase 1 of this facility, which will be between 200,000 SF and 400,000 SF of leasable building space. If we proceed further the price will go up dramatically, or WILL NOT BE FOR SALE. This will be the largest facility in Washington County Utah, and is set to accommodate the growth of the county over the next 10 years with expansions of 2 more phases ( or how ever so desired ). We plan on building all 3 aspects of this property for phase 1 ( Self storage, RV storage, and Multitenant Light industrial ). The City DOES NOT REQUIRE ASPHALT between any buildings, only as so desired by the owner....this fact alone can cut hundreds of thousands of dollars from building cost, because when building, you can just spread out and compact gravel in certain areas if so desired ( ie: surrounding the Canopy RV parking buildings ). In addition, this project could self fund, meaning that if you only wanted to develop 15 acres of self storage, you could sell the remaining land off at market value and pay for the entire storage facility to be built, or just continue with additional buildings for several years which the facility would pay for itself. On the east edge of the property there is a rim with a beautiful view over looking Zion's National Park, Quail Creek reservoir and Sand Hollow Reservoir, the city was very positive about approving a reception center/conference center out near the edge of this rim....not that you have to, but it would be another possibility. A simple analysis of the storage business in the area: They are all around 95% plus full and prices are rising due to the local restrictions prohibiting self storage facilities from being built. Please call or text me ( The Owner ) at 435-313-6006 Thanks! Dustin
Property Taxes
| Parcel Number | 1079686 | Improvements Assessment | $11,004,500 |
| Land Assessment | $4,446,700 | Total Assessment | $15,451,200 |
Property Taxes
Listing ID: 12997460
Date on Market: 6/26/2018
Last Updated:
Address: 50 N 5810th W, Hurricane, UT 84737
The Specialty Property at 50 N 5810th W, Hurricane, UT 84737 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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