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580 N, Cedar City, UT, 84721
Cedar City Industrial Flex Space

580 N Cedar City, UT 84721

For Sale
$649,000

COMMERCIAL - Cedar City, UT

Property Size6,008 SF
Lot Size0.62 Acres
Price / SF$108.02
Days on Market355

Property Features for 580 N

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
B-0003-0002-0058,B-0003-0002-0007
Size
6,008 SF
Lot size
0.62 Acres

Building Details

Year built
1960
Floors in Building
1
Listing Agency: D & B REAL ESTATE*
Listed By: RICK H LUNT · License #5478530-PB
Added: Aug 6, 2025 Changed: May 6 Last Checked: Jul 26 at 11:06AM
MLS# 25-263806

Copyright © 2026 Washington County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This commercial property in Cedar City, UT, offers a versatile industrial location suitable for shop work or storage. The property includes three buildings. The first building measures 24x22 square feet, the second is 18x20, and the third is 16x40. The total building area is 5120 square feet, divided into 40-foot deep by 16-foot wide units. These units can be rented as storage spaces or workshops. The property also includes two Connex boxes. Situated on a 0.62-acre lot, the property provides ample yard space to accommodate various needs. The property offers 6008 square feet of space.

Key Highlights

  • Ideal industrial location on Horse Alley.
  • Total of 5120 sq ft across 3 buildings.
  • Eight units with 14' doors.

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 $67.0k $11.16
− Vacancy −$939 −$0.16
EGI $66.1k $11.00
− OpEx −$9.9k −$1.65
NOI $56.2k $9.35
6,008 SF · lease $11.16/SF/yr · vacancy 1.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$802.8K
$702.4K – $936.6K (±1% cap)
NOI $56,194 @ 7.0% cap · market cap 8.66%
Second Best
Self Storage
$753.4K
$659.2K – $879.0K (±1% cap)
NOI $52,738 @ 7.0% cap · market cap 8.13%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,891 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

FAQs

What type of property is this?
Flex space - Industrial flex space with multiple buildings and storage units.
Where is this flex space located?
The property is located at 580 N Cedar City, UT.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Ideal industrial location on Horse Alley.; Total of 5120 sq ft across 3 buildings.; Eight units with 14' doors.
More about this property
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