246 E Fiddlers Ranch Rd, Cedar City, UT 84721
8859 SF building with office spaces, gym, and tenant.
- Added:
- Feb 12, 2025
- Days on Market:
- 487
- Last Refresh:
- Jan 20 at 8:43 am
Property Features for 246 E Fiddlers Ranch Rd
General Information
- Standard status
- Active
- Size
- 8,859 SF
- Lot size
- 0.86 Acres
Listing agent Jesse G Carter License #8651453 (435) 590-0798
Listing office STRATUM REAL ESTATE GROUP PLLC (SOUTH BRANCH) (435) 590-0798
Listing date Feb 12, 2025
Source Exprealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of STRATUM REAL ESTATE GROUP PLLC (SOUTH BRANCH)
HighLights
- Immediate rental income with tenant in place until 10/1/2027.
- Large building with 8859 sq ft of space.
- Fantastic location.
- Features 13 office spaces.
- 4 large multi purpose rooms.
- Ample parking and outdoor area.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.6k | $14.40 |
| − Vacancy | −$7.0k | −$0.79 |
| EGI | $120.6k | $13.61 |
| − OpEx | −$30.1k | −$3.40 |
| NOI | $90.4k | $10.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cedar City
- County
- Iron
- State
- Utah
- Longitude
- -113.041
- Latitude
- 37.7195
