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    91 & Grn Lk Dr Cedar City, UT 84720

    For Lease
    Contact for pricing

    Prime Cedar City Retail Opportunity

    Lot size:
    134,165 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.708-acre commercial property, located at the southeast corner of Highway 91 and Greens Lake Drive in Cedar City, Utah, presents a unique investment or development opportunity. The property features a 134,165 square foot retail center currently housing two suites, with 2,388 square feet of vacant space available. The property is zoned for retail, restaurant, and land use, making it suitable for a variety of commercial ventures. Its high-traffic location at a major intersection provides excellent visibility and accessibility for businesses. The property is available for ground lease or build-to-suit options, offering flexibility for potential tenants or developers. The existing building provides a solid foundation for immediate occupancy or redevelopment, while the ample land area allows for expansion or the construction of new facilities. This prime location in Cedar City, Iron County, Utah (zip code 84720), offers a thriving market and strong potential for growth. The property's strategic positioning ensures high visibility and convenient access for customers. This is an exceptional opportunity to acquire a significant commercial property in a rapidly growing area. The vacant space presents an immediate opportunity for lease income, while the build-to-suit option allows for customized development to meet specific business needs. Don't miss this chance to secure a prominent location in a dynamic market.

    Property Features for 91 & Grn Lk Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    134,165 SF

    Unit(s) available at that property

    Space
    Available Pad
    Size
    0 SF

    HighLights

    • 0.708‑acre commercial pad available.
    • New retail development opportunity near Cedar City's Main Street.
    • Drive‑thru access available.
    • Pylon signage opportunity.
    • Proximity to 600 hotel rooms within one mile.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.08136715
    Latitude
    37.65218642

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    FAQs

    What type of property is this?
    Restaurant - Prime Cedar City Retail Opportunity
    Where is this restaurant located?
    The property is located at 91 & Grn Lk Dr Cedar City, UT.
    What are key features of this property?
    This property features: 0.708-acre commercial pad available.; New retail development opportunity near Cedar City's Main Street.; Drive-thru access available.
    Request Owner's contact information
    91 & Grn Lk Dr Cedar City, UT 84720
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    Realmo Value Estimation

    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.

    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.

    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
    91 & Grn Lk Dr Cedar City, UT 84720
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