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    9.97 Ac. Main St. & Cyn Ctr Dr Cedar City, UT 84721

    For Sale
    $5,211,518

    9.97 Acres, High Visibility, Zoned Commercial

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 9.97-acre vacant commercial land parcel presents a remarkable investment opportunity in Cedar City, Utah. Strategically located on the east side of Main Street, near the crucial north I-15 interchange, this property boasts unparalleled visibility and accessibility. The lot enjoys significant Main Street frontage, ensuring maximum exposure for any future development. Its central commercial zoning allows for a wide range of commercial uses, making it highly versatile and attractive to potential developers. All essential utilities are readily available, simplifying the development process and minimizing upfront costs. The property's size and prime location make it ideal for a variety of commercial projects, from retail centers and restaurants to office buildings and light industrial facilities. Given its high-traffic location and excellent zoning, this land offers significant potential for substantial returns. The address is 9.97 ac. Main St. & Canyon Center Dr., Cedar City, UT 84721. The asking price is $5,211,518. This is a rare opportunity to acquire a premier commercial property in a rapidly growing area. Don't miss out on this exceptional chance to secure a piece of Cedar City's vibrant commercial landscape.

    Property Features for 0 9.97 Ac. Main St. & Cyn Ctr Dr

    General Information

    Property type
    Land
    Lot Size
    434,293 SF

    HighLights

    • 9.97‑acre vacant commercial land parcel in Cedar City, UT.
    • Prime location on Main Street near I‑15 interchange, offering high visibility and accessibility.
    • Significant Main Street frontage and central commercial zoning allows for diverse commercial development.
    • All utilities readily available.
    • Asking price: $5,211,518.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.0514815
    Latitude
    37.7210187

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    FAQs

    What type of property is this?
    Land - 9.97 Acres, High Visibility, Zoned Commercial
    Where is this land located?
    The property is located at 9.97 Ac. Main St. & Cyn Ctr Dr Cedar City, UT.
    What is the asking price?
    The asking price for this property is $5,211,518.
    What are key features of this property?
    This property features: 9.97-acre vacant commercial land parcel in Cedar City, UT.; Prime location on Main Street near I-15 interchange, offering high visibility and accessibility.; Significant Main Street frontage and central commercial zoning allows for diverse commercial development.
    Request Owner's contact information
    9.97 Ac. Main St. & Cyn Ctr Dr Cedar City, UT 84721
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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
    9.97 Ac. Main St. & Cyn Ctr Dr Cedar City, UT 84721
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