Off Market
359 E RIVERSIDE DR, St George, UT 84770
$4,459,200
28,392 sqft
(Buildings 377A & 377B) Leased Investment with the State of Utah Division of Facilities Construction and Management, on Behalf of the Division of Child and Family Services and the Division of Recovery Services. Buildings are on a Ground Lease, Expiring in 2051. Ground Lease Allows Purchaser to Depreciate 100% of the Purchase Price. 8% CAP rate.
Giddy Value estimate
$6,935,000
Estimated range $6,115,000 – $7,755,000, based on 9 recent nearby sales within 1 mi (high confidence).
| Date | Estimate |
|---|---|
| 2023-09-30 | $6,590,000 |
| 2023-12-31 | $6,005,000 |
| 2024-03-31 | $2,945,000 |
| 2024-06-30 | $7,240,000 |
| 2024-09-30 | $8,005,000 |
| 2024-12-31 | $8,185,000 |
| 2025-03-31 | $7,070,000 |
| 2025-06-30 | $7,155,000 |
| 2025-09-30 | $7,600,000 |
| 2025-12-31 | $6,745,000 |
| 2026-03-31 | $6,340,000 |
| 2026-06-30 | $6,990,000 |
| 2026-08-08 | $6,935,000 |
Automated estimate from recent nearby sales — not an appraisal.
| Year built | 1996 |
|---|---|
| Lot size | 4 acres |
| Garage | ******** spaces |
| Stories | 1 |
| Type | Office |
| County | Washington County |
| MLS # | 08-101644 |
Listing courtesy of NAI UTAH SOUTH.
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