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    2168 1500 Cedar City, UT 84721

    Sponsored
    For Sale
    $1,190,000

    New 10,000 SF hangar, ideal aviation HQ

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,000-square-foot airplane hangar is currently under construction at the Cedar City Airport in Utah. Boasting a spacious 100x100 footprint, the hangar features a substantial 70x20 Schweiss roll-up door, a smaller 4x14 roll-up door, and two standard man doors for convenient access. A finished bathroom is included for added convenience. The property sits on a 0.44-acre lot (APN: B-1253-0039-00BL) and is zoned I&M-1. A long-term land lease with the Cedar City Corporation is in place and will be assumed by the buyer at closing. This lease agreement offers a 20-year term with five, five-year renewal options, providing significant long-term security. Built in 2024, this hangar represents a unique opportunity for businesses or individuals seeking a modern and well-equipped aviation facility. The property is located at 2168 W 1500 N St, Cedar City, UT 84721. This is a turnkey solution for your aviation needs, offering a secure and established location within the Cedar City Airport. The asking price for this exceptional property is $1,190,000.

    Property Features for 2168 1500

    General Information

    Property type
    Distribution properties
    Square Feet
    10,000 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    2024

    HighLights

    • $1,190,000 asking price for this brand new, 10,000 square foot industrial warehouse.
    • Located at 2168 W 1500 N St, Cedar City, UT 84721 (APN: B‑1253‑0039‑00BL) on a 0.44‑acre lot.
    • Features a 100' x 100' hangar with a 70' x 20' Schweiss roll‑up door, a 4' x 14' roll‑up door, and two man doors.
    • Includes one finished bathroom.
    • 20‑year land lease with Cedar City Corporation, with five 5‑year renewal options; lease to be assumed at closing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar City
    County
    Iron
    State
    Utah
    Longitude
    -113.0895633
    Latitude
    37.7052258

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    FAQs

    What type of property is this?
    Distribution property - New 10,000 SF hangar, ideal aviation HQ
    Where is this distribution property located?
    The property is located at 2168 1500 Cedar City, UT.
    What is the asking price?
    The asking price for this property is $1,190,000.
    What are key features of this property?
    This property features: $1,190,000 asking price for this brand new, 10,000 square foot industrial warehouse.; Located at 2168 W 1500 N St, Cedar City, UT 84721 (APN: B-1253-0039-00BL) on a 0.44-acre lot.; Features a 100' x 100' hangar with a 70' x 20' Schweiss roll-up door, a 4' x 14' roll-up door, and two man doors.
    Request Owner's contact information
    2168 1500 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
    2168 1500 Cedar City, UT 84721
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