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Flex Space with Tall Ceilings
For Sale
$679,000

814 N 2475 W, Cedar City, UT 84721

Commercial Sale, Cedar City, UT

Property Size6,000 SF
Lot Size0.34 Acres
Price / SF$113.17
Days on Market103

Property Features for 814 N 2475 W

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Directions Airport Rd to 850 N (Coal Creek Industrial Park) west to 2475 cul-de-sac.
Subdivision Outside Area
Standard status Active
APN B-0966-0011-0001
Size 6,000 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Annual Amount 520

Building Details

Year built 2026
Floors in Building 2
Listing Agency: PRESTIGE REALTY
Listed By: JENNIE HENDRICKS · License #5483612-PB00
Added: Jul 6 Changed: Oct 2 Last Checked: Oct 16 at 4:06AM
MLS# 26-274118

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.

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Investment Insights

Based on property information with market context.

This 2026 flex property provides 3,000 SF available within a 6,000 SF building. Units A and B offer interiors that can be designed around operational needs, along with loft areas and full finished bathrooms. Each unit includes an 18-foot eave height, a 23-foot center-ridge ceiling, a reinforced 6-inch concrete slab, and insulated garage access through one 10-foot by 14-foot door and one 10-foot by 10-foot door.

Building systems include natural gas, hot and cold water spigots, a 200 Amp single-phase electrical panel, and two 50 Amp 220 V outlets per unit. Interior LED lighting, perimeter LED security lighting, and a fenced rear yard measuring 25 feet by 20 feet add functional support for occupants. The property is located at 814 N 2475 W in Cedar City, Utah.

Key Highlights

  • 3,000 SF available within a 6,000 SF building
  • 2026 construction with 18' eave height and 23' center‑ridge ceiling
  • Each unit has one 10' x 14' and one 10' x 10' insulated garage door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,119
Cap Rate
8.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,380 $1.1M
Cap Rate 7%
$801,700 $801.7K
Cap Rate 9%
$623,544 $623.5K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$67.0K $11.16/SF
− Vacancy
−$937 −$0.16/SF
EGI
$66.0K $11.00/SF
− OpEx
−$9.9K −$1.65/SF
NOI
$56.1K $9.35/SF
Area
Iron County, UT
Vacancy
1.40%
Lease Rate
$11.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,380
Cap Rate 7%
$801,700
Cap Rate 9%
$623,544

Alternative Uses

Best Use
Warehouse
$801.7K
$701.5K – $935.3K (±1% cap)
NOI $56,119 @ 7.0% cap · market cap 8.26%
Second Best
Industrial
$660.2K
$577.7K – $770.3K (±1% cap)
NOI $46,216 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,777 @ 7.0% cap · market cap 12.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Nail Salon Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18 ft
Clear height
4
Drive-in doors
Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby
Well-served
Demand for This Use

Demographics for 84721, UT

27,329
Population
9,638
Households
2.8
Avg Household Size
29
Median Age
29%
College-Educated
92%
High-School Grad
186.9 sq mi
ZIP Area
146
Density / Sq Mi
$73,342
Median Household Income
$30,662
Median Earnings
$1,076
Median Rent
$345,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Newly built flex property with adaptable interiors, loft areas, dedicated utilities, 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 $679,000.
What are key features of this property?
This property features: 3,000 SF available within a 6,000 SF building; 2026 construction with 18' eave height and 23' center‑ridge ceiling; Each unit has one 10' x 14' and one 10' x 10' insulated garage door
More about this property
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