Industrial Flex Space Under
834 N 2475 W Cedar City, UT 84721
For Sale
$700,000
Pending
Flex space suitable for manufacturing, storage, or distribution.
Property Size4,000 SF
Lot Size0.36 Acres
Days on Market553
Property Features for 834 N 2475 W
General Information
Standard status
Pending
Size
4,000 SF
Lot size
0.36 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
2025
Listing Agency:
PRESTIGE REALTY
(435) 590-1426
Listed By:
JENNIE HENDRICKS · License #5483612 DB
(435) 590-1426
Source:
Exitrealty
Added: Jan 23, 2025
Changed: Jul 10
Last Checked: Jul 29 at 6:40AM
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 PRESTIGE REALTY
Investment Insights
Based on property information with market context.
This is an industrial property featuring a warehouse of 3000 square feet and an office space of 1000 square feet. The property includes two overhead doors, sized 12x14 and 10x12. Zoned I&M, the interior layout is flexible and can be customized to suit various needs, including manufacturing, storage, or distribution. The ceiling height is 16 feet. The property is currently under construction with an estimated completion date of April 30, 2025. It is strategically located near the Cedar City Airport, Interstate 15, and Highway 56. Taxes are assessed on the land only.
Key Highlights
- Strategic location near Cedar City Airport, I‑15, and Hwy 56
- Flexible layout suitable for manufacturing, storage, or distribution
- Customizable interior, zoned I&M
Financial Insights For Warehouse
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 | $44.6k | $11.16 |
| − Vacancy | −$625 | −$0.16 |
| EGI | $44.0k | $11.00 |
| − OpEx | −$6.6k | −$1.65 |
| NOI | $37.4k | $9.35 |
4,000 SF · lease $11.16/SF/yr · vacancy 1.40% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$534.5K
$467.7K – $623.6K
NOI $37,413 @ 7.0% cap · market cap 5.34%
Second Best
Industrial
$440.2K
$385.1K – $513.5K
NOI $30,811 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$816.9K
$714.8K – $953.1K
NOI $57,185 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Flex space suitable for manufacturing, storage, or distribution.
Where is this flex space located?
The property is located at 834 N 2475 W Cedar City, UT.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Strategic location near Cedar City Airport, I‑15, and Hwy 56; Flexible layout suitable for manufacturing, storage, or distribution; Customizable interior, zoned I&M
