Washington, UT
Commercial Real Estate Market Trends & Data

$264 Avg asking sale price
$1,364 Avg asking lease rate
33,223 SF Avg unit lease size
7,882 SF Avg building size for sale
5.88% Average cap rate

Washington's Demographic Profile

Washington has 13,628 households and a median income of $78,018, providing context for rent absorption and tenant demand across retail and multifamily assets. A +25% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 39,259
# Households 13,628
Median age 40
Median household income $78,018
Avg household size 3.0
Renter-occupied housing units 3,424
5-year population change +25%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Washington, 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
Washington $233 8,437 SF 6.25%
Hurricane $316 7,812 SF 6.25%
Saint George $276 24,009 SF 6.34%
Nearby Retail Markets Avg Cost/SF Typical Size
Washington $548 4,129 SF
Santa Clara $656 6,400 SF
Ivins $656 6,400 SF
La Verkin $261 3,073 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 Washington

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

62 Country Wy

Washington, UT 84780

  • 9,030 SF Industrial Building
  • $2,150,000
For Sale

5953 W Square Top Ln

Hurricane, UT 84737

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

Riverside and Foremaster Dr Land

Saint George, UT 84790

  • 2.04 AC Lot
  • 1 Commercial Lot
  • $1,100,000
For Sale

Airport Pkwy

Saint George, UT 84790

  • 20 AC Lot
  • 1 Commercial Lot
  • $5,227,200
For Sale

Building D

Washington, UT 84780

  • 3,360 SF Retail Building
  • $985,000
For Sale

5724 W 670 S

Hurricane, UT 84737

  • 5,680 SF Industrial Building
  • $1,250,000

Average Price For Sale

↻ Updated Monthly

Average Price 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 Washington pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Washington $264 7,882 SF
Santa Clara $494 5,275 SF
Ivins $439 13,400 SF
La Verkin $261 3,073 SF

Regional Demographic Comparison

This comparison places Washington 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 Washington or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Washington 39,259 13,628 40 $78,018 3 3,424 25%
Santa Clara 7,811 2,481 40 $89,332 3 385 21%
Ivins 11,699 4,292 47 $66,925 3 677 23%
La Verkin 4,496 1,436 37 $47,384 3 282 19%
Toquerville 1,941 608 42 $82,673 3 66 18%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Washington, 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 Washington

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

Washington 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 Washington?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Washington. 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 Washington?

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

How does Washington compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Washington. 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 Washington acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Washington, 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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