Listing Agency: Mountain West - Corporate Show Phone

Listed By: Kris Mortensen

Source: Moodyscre

Added: Feb 12, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:57AM

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Investment Insights

Based on property information with market context.

This residential land is currently zoned R-M-3, allowing for 24 units per acre. The location is adjacent to I-15, offering convenient access and visibility. Preliminary plans from the seller show a potential layout for 144 units. The price includes 18 acre feet of water. Cedar City has experienced population growth, leading to a high demand for new housing options. The median home price in Cedar City has increased by 12% since 2019, potentially making renting a more attractive option.

Key Highlights

• Zoned R‑M‑3, allowing for 24 units per acre, presenting a high‑density development opportunity.
• Includes 18 acre feet of water, a valuable asset for development.
• Seller has preliminary plans for a 144‑unit layout, offering a head start on development planning.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Hair Salon Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

399

Businesses Nearby

Explore this area Business Placement

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - Residential land for sale near I-15 in Cedar City.

Where is this land located?

The property is located at 550 W 1750 N Cedar City, UT.

What is the asking price?

The asking price for this property is $2,750,000.

What are key features of this property?

This property features: Zoned R‑M‑3, allowing for **24 units per acre**, presenting a **high‑density development opportunity**.; Includes **18 acre feet of water**, a valuable asset for development.; Seller has preliminary plans for a **144‑unit layout**, offering a head start on development planning.