Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Designable Commercial Space Available Title is generated by Realmo AI

    814 N 2475, Cedar City, UT 84721

    View on Map
    Claim this Listing
    For Sale
    $900,000

    COMMERCIAL - Cedar City, UT

    Property size:
    6,000 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $150/SF
    Added:
    Jan 30, 2026
    Days on Market:
    104
    Last Refresh:
    May 14 at 5:06 pm

    Property Features for 814 N 2475

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    B-0970-0011-0000
    Size
    6,000 SF
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Annual Amount
    520

    Building Details

    Year built
    2026

    We can help!

    Listing Contact
    Jennie Hendricks
    Jennie Hendricks

    Listing agent Jennie Hendricks License #5483612DB

    Listing office Prestige Realty 121 N Main, Cedar City, UT

    Listing date Jan 30, 2026

    MLS# 2134148

    Copyright © 2026 UtahRealEstate.com. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Customizable interior and mezzanine areas offer flexible space.
    • Multiple unit sizes available, ranging from 1500 SF to 6000 SF.
    • Includes a full finished bathroom.
    • Two insulated garage doors per unit (10' x 14' and 10' x 10').
    • Rear fenced yard (25' x 20').
    • Equipped with natural gas, hot and cold water, and a 200 Amp electrical panel.

    Overview

    This commercial property in Cedar City, UT, offers flexible space options of 1500 SF, 3000 SF, 4500 SF, or 6000 SF. The interior is completely designable, with mezzanine areas available. Each unit features a reinforced 6'' concrete slab, one 10' x 14' insulated garage door, and one 10' x 10' insulated garage door. Each unit is equipped with natural gas, hot and cold water spigots, a 200 Amp single-phase electrical panel, and two 50 Amp 220 V outlets. The property boasts an 18' eave height and a 23' ceiling height at the center ridge. Each unit includes a 25 x 20 rear fenced yard and a full finished bathroom. The property is equipped with an interior LED light package and outside LED security lights around the total perimeter. The lot size is 0.34 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.09709
    Latitude
    37.664521

    Nearby Similar for Sale

    • $774,900
      4,000 SF

      Cedar City Commercial Kitchen Facility

      Turnkey food production facility in prime Cedar City location.
      601 W 2675 N, Cedar City, UT 84721
      View Details
    • $774,900
      4,000 SF

      Turnkey Food Production Facility

      Equipped commercial kitchen/manufacturing space in Cedar City, Utah.
      601 W 2675 N, Cedar City, UT 84721
      View Details
    • $300,000
      4,500 SF

      Cedar City Commercial Flex Space

      Designable commercial flex space in Cedar City, Utah.
      814 N 2475 W, Cedar City, UT 84721
      View Details
    • $600,000
      4,500 SF

      Cedar City Commercial Flex Space

      Designable commercial flex space in Cedar City, Utah.
      814 N 2475 W, Cedar City, UT 84721
      View Details
    • $900,000
      4,500 SF

      Designable Commercial Space Available

      Flex space with customizable interior and fenced yard.
      814 N 2475 W, Cedar City, UT 84721
      View Details
    • $600,000
      6,000 SF

      Designable Commercial Space Available

      Flex/Industrial space with customizable interior and fenced yard.
      814 N 2475, Cedar City, UT 84721
      View Details
    • $785,000
      7,844 SF

      Spacious Airplane Hangar in Cedar City

      Airplane hangar with office space, ideal for aviation enthusiasts.
      2390 W AVIATION WAY #3, Cedar City, UT 84721
      View Details
    • $453,000
      3,841 SF

      Airplane Hangar in Southern Utah

      Well-maintained airplane hangar with office space and runway access.
      2360 W AVIATION WAY #5, Cedar City, UT 84721
      View Details
    • $890,000
      7,740 SF

      Spacious Hangar in Cedar City

      Large airplane hangar suitable for aviation enthusiasts or business operations.
      2402 W AVIATION WAY, Cedar City, UT 84721
      View Details
    • $300,000
      6,000 SF

      Customizable Flex Space in Cedar

      Designable flex space with fenced yard in Cedar City.
      814 N 2475, Cedar City, UT 84721
      View Details
    • $727,900
      3,200 SF

      Renovated Commercial/Industrial Building For Sale

      Renovated 3,200 sq. ft. commercial/industrial building in Cedar City.
      911 N 2175 W, Cedar City, UT 84721
      View Details
    • $1,200,000
      6,000 SF

      Cedar City Commercial Flex Space

      Designable commercial flex space in Cedar City, Utah.
      814 N 2475 W, Cedar City, UT 84721
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex/industrial space with customizable interior and fenced yard.
    Where is this flex space located?
    The property is located at 814 N 2475 Cedar City, UT.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Customizable interior and mezzanine areas offer flexible space.; Multiple unit sizes available, ranging from 1500 SF to 6000 SF.; Includes a full finished bathroom.
    (435) 590-1426
    We can help!
    Listing Contact
    Jennie Hendricks
    Jennie Hendricks
    Real Estate License ID: 5483612DB
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    814 N 2475, Cedar City, UT 84721
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!