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Designable Flex Warehouse Units

814 N 2475 W Cedar City, UT 84721

814 N 2475 W, Cedar City, UT, 84721
$1,278,000
For Sale
$1,278,000

COMMERCIAL - Cedar City, UT

Property Size6,000 SF
Lot Size0.34 Acres
Price / SF$213
Days on Market168

Property Features for 814 N 2475 W

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
B-0970-0011-0000
Lot size
0.34 Acres

Taxes and HOA fees

Tax Annual Amount
519

Building Details

Year built
2026
Listing Agency Prestige Realty
121 N Main, Cedar City, UT
Listed by Jennie Hendricks · License #5483612
Added: Jan 30 Checked: Jul 17 at 7:06 pm
MLS# 2171228

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.


Investment Insights

Based on property information with market context.

Flex warehouse units are available in multiple sizes, with interior and loft areas offered for tenant or owner design. Improvements include a reinforced 6" concrete slab, insulated 10' x 14' garage door and insulated 10' x 10' garage door per unit, and an interior LED lighting package. Each unit also includes natural gas service, hot and cold water spigots, a 200 Amp single-phase electrical panel, two 50 Amp 220V outlets, and a full finished bathroom. Ceiling and clear height features include an 18' eave height and a 23' ceiling height at the center ridge.

Outside, each unit has a 25' x 20' rear fenced yard, with outside LED security lights installed around the total perimeter.

The units are set on a 0.34-acre lot and include outside perimeter lighting and yard space suited to warehouse or light industrial use within a flex configuration.

Key Highlights

  • Choose from 1,500 SF, 3,000 SF, 4,500 SF, or 6,000 SF available spaces
  • Reinforced 6" concrete slab and designable interior plus loft areas available
  • Each unit includes a 10' x 14' insulated garage door and a 10' x 10' insulated garage door

Local 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 −$937 −$0.16
EGI $66.0k $11.00
− OpEx −$9.9k −$1.65
NOI $56.1k $9.35
6,000 SF · lease $11.16/SF/yr · vacancy 1.40% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$801.7K
$701.5K – $935.3K (±1% cap)
NOI $56,119 @ 7.0% cap · market cap 4.39%
Second Best
Industrial
$660.2K
$577.7K – $770.3K (±1% cap)
NOI $46,216 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,777 @ 7.0% cap · market cap 6.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Law Firm Building Supply Auto Repair Shop Big Box & Wholesale Store Hair Salon Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center Electrical Service

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

FAQs

What type of property is this?
Flex space - Multiple flex warehouse units offer reinforced concrete slab, insulated garage doors, fenced rear yards, and finished bathrooms.
Where is this flex space located?
The property is located at 814 N 2475 W Cedar City, UT.
What is the asking price?
The asking price for this property is $1,278,000.
What are key features of this property?
This property features: Choose from 1,500 SF, 3,000 SF, 4,500 SF, or 6,000 SF available spaces; Reinforced 6" concrete slab and designable interior plus loft areas available; Each unit includes a 10' x 14' insulated garage door and a 10' x 10' insulated garage door
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