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Renovated Flex Space with Mezzanine
For Sale
$689,900
Pending

911 N 2175 W, Cedar City, UT 84721

Commercial Sale, Cedar City, UT

Property Size3,200 SF
Lot Size0.39 Acres
Days on Market50

Property Features for 911 N 2175 W

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial, Commercial
Directions Head west on 200 N/Hwy 56. Turn right onto Airport Road. Turn left onto 850 N. Turn right onto 2175 W. Building will be on the left.
Subdivision Outside Area
Standard status Pending
APN B-1648-0005-0000
Size 3,200 SF
Lot size 0.39 Acres

Taxes and HOA fees

Tax Annual Amount 3973

Amenities

break room/kitchenette
reception area

Building Details

Year built 2005
Floors in Building 2
Listing Agency: Re/Max Properties
Listed By: JARED ZIMMER · License #6013367-PB00
Added: Aug 19 Changed: Oct 2 Last Checked: Oct 7 at 10:06PM
MLS# 26-275300

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 renovated flex property combines approximately 2,400 square feet of warehouse area with an approximately 800-square-foot main level. The finished portion includes offices, a bathroom, break room and kitchenette, reception area, and retail showroom. An additional approximately 600-square-foot mezzanine expands the usable configuration for shop, office, or storage functions.

The warehouse offers 18-foot ceilings, an 12-foot garage door, and both 220V and 110V power. A sealed driveway and parking area serve the property. Positioned at 911 N 2175 W in Cedar City’s Coal Creek Industrial Park, the site includes approximately 0.39 acres. Built in 2005, the property is available for purchase, lease, or lease-option arrangements, with final terms to be negotiated.

Key Highlights

  • Approximately 3,200 square feet of commercial space on approximately 0.39 acres
  • Approximately 2,400 square feet of warehouse area plus approximately 800 square feet on the main level
  • Approximately 600‑square‑foot mezzanine for shop, office, or storage use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,659
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,180 $653.2K
Cap Rate 7%
$466,557 $466.6K
Cap Rate 9%
$362,878 $362.9K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$46.1K $14.40/SF
− Vacancy
−$2.5K −$0.79/SF
EGI
$43.5K $13.61/SF
− OpEx
−$10.9K −$3.40/SF
NOI
$32.7K $10.21/SF
Area
Iron County, UT
Vacancy
5.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$653,180
Cap Rate 7%
$466,557
Cap Rate 9%
$362,878

Alternative Uses

Best Use
Office B
$466.6K
$408.2K – $544.3K (±1% cap)
NOI $32,659 @ 7.0% cap · market cap 4.73%
Second Best
Warehouse
$427.6K
$374.1K – $498.8K (±1% cap)
NOI $29,930 @ 7.0% cap · market cap 4.34%
Theoretical Best
Office A
$653.5K
$571.9K – $762.5K (±1% cap)
NOI $45,748 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Electric Avenue Lighting ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Hair Salon Spa & Massage Center Cafe & Coffee Shop

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
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

225
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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Renovated commercial property combining warehouse, office, showroom, and support areas within a flexible industrial layout.
Where is this flex space located?
The property is located at 911 N 2175 W Cedar City, UT.
What is the asking price?
The asking price for this property is $689,900.
What are key features of this property?
This property features: Approximately 3,200 square feet of commercial space on approximately 0.39 acres; Approximately 2,400 square feet of warehouse area plus approximately 800 square feet on the main level; Approximately 600‑square‑foot mezzanine for shop, office, or storage use
More about this property
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