Hurricane, UT
Commercial Real Estate Market Trends & Data

$292 Avg asking sale price
$13 Avg asking lease rate
19,833 SF Avg unit lease size
7,266 SF Avg building size for sale
6.06% Average cap rate

Hurricane's Demographic Profile

Hurricane has 8,687 households and a median income of $53,837, providing context for rent absorption and tenant demand across retail and multifamily assets. A +23% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 24,675
# Households 8,687
Median age 41
Median household income $53,837
Avg household size 3.0
Renter-occupied housing units 2,216
5-year population change +23%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Hurricane, UT

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Saint George $304 29,379 SF 7.17%
Mesquite $284 6,515 SF 2.16%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Hurricane $316 7,812 SF 6.25%
Washington $233 8,437 SF 6.25%
Saint George $389 24,009 SF 6.34%
Nearby Retail Markets Avg Cost/SF Typical Size
Hurricane $257 4,151 SF
Virgin $471 8,500 SF
La Verkin $261 3,073 SF
Springdale $1,351 3,368 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Ivins $221 20,400 SF 5.75%
Saint George $290 9,552 SF 5.75%

Commercial Properties For Sale in Hurricane

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

5953 W Square Top Ln

Hurricane, UT 84737

  • 5,000 SF Industrial Building
  • 6.25% Cap Rate
  • $1,325,000
For Sale

150 S State St

La Verkin, UT 84745

  • 4,220 SF Flex Building
  • $1,100,000
For Sale

Building D

Hurricane, UT 84737

  • 24,500 SF Industrial Building
  • $449,500 - $3,525,000
For Sale

Lot 3

Hurricane, UT 84737

  • 5,000 SF Industrial Building
  • $1,200,000
For Sale

Lot 2

Hurricane, UT 84737

  • 5,000 SF Industrial Building
  • $1,200,000
For Sale

Hurricane Retail Condo for Sale or Lease

Hurricane, UT 84737

  • 1,841 SF Retail Building
  • $595,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Hurricane pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Hurricane $292 7,266 SF
Virgin $471 59,076 SF
La Verkin $261 3,073 SF
Springdale $1,319 2,734 SF

Regional Demographic Comparison

This comparison places Hurricane alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Hurricane or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Hurricane 24,675 8,687 41 $53,837 3 2,216 23%
Virgin 531 168 43 $70,624 3 39 11%
La Verkin 4,496 1,436 37 $47,384 3 282 19%
Toquerville 1,941 608 42 $82,673 3 66 18%
Springdale 487 197 51 $68,035 2 78 12%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Hurricane, UT and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Hurricane

View All Commercial Real Estate For Sale in Hurricane
Is Hurricane a good market for a first-time commercial real estate investor?

Hurricane offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Hurricane?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Hurricane. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Hurricane?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Hurricane. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Hurricane compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Hurricane. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Hurricane acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Hurricane, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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