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3935 S HWY 191, Moab, UT — photo 11 / 29

$6,500,000

3935 S HWY 191, Moab, UT 84532

Subtype

Office

Building SF

$/SF

Lot

5.6 ac

Property Details

Property typeCommercial Sale
SubtypeOffice
Building SF
Year built2025
Lot size5.6 acres
ZoningMulti-Family, Commercial, Short Term Rental Allowed · PUD
Current useOffice
Taxes (annual)$2,919
Days on market386
Listed2025-08-12T00:00:00+00:00

Description

Exceptional Development Opportunity in Moab, Utah. The Current owner has retired and in the process of liquidating his real estate assets. Presenting an approved 5.6 -acre development in the heart of Moab with the potential for up to 57 units. This prime property is fully entitled and ready to break ground, offering an incredible opportunity for builders and investors alike. Nestled amid Moab's stunning red rock scenery and world-class outdoor recreation, this location is ideal for a vibrant residential community. With approvals in place, infrastructure-ready this is an already proven project with a 136 units already completed. Don't miss your chance to be part of Moab's growth-construction can start immediately.

Listed by Kali Bisco · Berkshire Hathaway HomeServices Utah Properties (Moab)

Location

3935 S HWY 191, Moab, UT 84532

Cap Rate Calculator

Underwrite this property at a glance. Adjust NOI, vacancy, and OpEx to model your own assumptions.

Cap Rate

5.25%

$/SF

GRM

11.8

Purchase price
$
Gross scheduled income
$/yr
Vacancy5%
Operating expense ratio35% ($183,706)
Effective gross income$524,875/yr
Operating expenses$183,706/yr
Derived NOI$341,169/yr

Cap rate estimates are based on assumptions, not guaranteed, and should not be relied upon. Buyers must verify all information — including NOI, OpEx, lease terms, and rent rolls — directly with the seller or listing agent.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 9/2/2026, 7:02:21 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.